Funding benchmark · last 12 months
The typical Series C round in the United States
From 134 Series C rounds announced in the United States over the last twelve months, each read from a named source. Half of them raised between $60M and $200M.
United States134 rounds counted · recounted nightly
The trend
Median Series C round, quarter by quarter
From $102M in 2024 Q4 to $144M in 2026 Q3. Quarters with fewer than five rounds are left blank.
Who leads
The most active leads
The firms that led the most Series C rounds in the United States this year.
Sequoia Capital
Andreessen Horowitz
General Catalyst
Khosla Ventures
Bessemer Venture PartnersRecent examples
Series C rounds in the United States, latest first
Serval30 Oct 2026Sequoia Capital$150M+50%
Bedrock Robotics27 Oct 2026Emergence Capital$600M+500%
Archera27 Oct 2026Pivot Investment Partners$15M-85%
Amogy26 Oct 2026The Export-Import Bank of Korea$20M-80%
Promaxo22 Oct 2026Not named$100Mat median
Blacksmith21 Oct 2026Sequoia Capital$66M-34%
ASI20 Oct 2026Spark Capital$325M+225%
Abby Care18 Oct 2026Transformation Capital$82M-18%
They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. How we read rounds.
Other stages in the United States
Series C elsewhere
Raising a Series C round?
See who leads rounds like yours,
and check your raise before you pitch.
Q&A
How big is a typical Series C round in the United States?
The median is $100M, from 134 Series C rounds announced in the United States in the last twelve months. Half of them raised between $60M and $200M; one in ten raised more than $535M.
Which rounds are counted?
Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it.
Are these figures biased?
Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed.
How often does it change?
The figures are recounted from the record every night, as new rounds are read.