# Median Series C round in the United States (2026)

> The median Series C round in the United States is $100M, from 134 rounds announced in the last 12 months. Half raised between $60M and $200M.

Source: https://millionrounds.com/benchmarks/series-c/united-states (Millionrounds; every figure on the page links to its filing or article)

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.

See the rounds[All benchmarks](https://millionrounds.com/benchmarks)

Series C United States

Median round

**$100M**

$42M 1 in 10 below $60M – $200M middle half $535M 1 in 10 above

134 rounds counted · recounted nightly

Rounds counted **134** Series C rounds in the United States, last 12 months

Against worldwide **0%** vs the $100M worldwide median

Since last round **14 mo** median gap, from 56 companies we saw raise before

Lead named **86%** of these rounds name the investor who led

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.

$102M '24 Q4 15 rds

$90M '25 Q1 22 rds

$100M '25 Q2 16 rds

$100M '25 Q3 17 rds

$95M '25 Q4 16 rds

$96M '26 Q1 37 rds

$100M '26 Q2 35 rds

$144M '26 Q3 38 rds

Who leads

## The most active leads

The firms that led the most Series C rounds in the United States this year.

- [1 **Sequoia Capital** 5 led](https://millionrounds.com/fund/sequoia-capital)
- [2 **Andreessen Horowitz** 4 led](https://millionrounds.com/fund/andreessen-horowitz)
- [3 **Goldman Sachs Alternatives** 4 led](https://millionrounds.com/fund/goldman-sachs-alternatives)
- [4 **General Catalyst** 3 led](https://millionrounds.com/fund/general-catalyst)
- [5 **Khosla Ventures** 3 led](https://millionrounds.com/fund/khosla-ventures)
- [6 **Bessemer Venture Partners** 3 led](https://millionrounds.com/fund/bessemer-venture-partners)

Recent examples

## Series C rounds in the United States, latest first

- [**Serval** 30 Oct 2026 Sequoia Capital $150M +50%](https://millionrounds.com/company/serval)
- [**Bedrock Robotics** 27 Oct 2026 Emergence Capital $600M +500%](https://millionrounds.com/company/bedrock-robotics)
- [**Archera** 27 Oct 2026 Pivot Investment Partners $15M -85%](https://millionrounds.com/company/archera)
- [**Amogy** 26 Oct 2026 The Export-Import Bank of Korea $20M -80%](https://millionrounds.com/company/amogy)
- [**Promaxo** 22 Oct 2026 Not named $100M at median](https://millionrounds.com/company/promaxo)
- [**Blacksmith** 21 Oct 2026 Sequoia Capital $66M -34%](https://millionrounds.com/company/blacksmith)
- [**ASI** 20 Oct 2026 Spark Capital $325M +225%](https://millionrounds.com/company/asi)
- [**Abby Care** 18 Oct 2026 Transformation Capital $82M -18%](https://millionrounds.com/company/abby-care)

**How to read these figures**

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](https://millionrounds.com/methodology).

Other stages in the United States

[**Pre-seed** $3.0M](https://millionrounds.com/benchmarks/pre-seed/united-states)[**Seed** $9.0M](https://millionrounds.com/benchmarks/seed/united-states)[**Series A** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Series B** $60M](https://millionrounds.com/benchmarks/series-b/united-states)[**Series D** $190M](https://millionrounds.com/benchmarks/series-d/united-states)[**Growth** $200M](https://millionrounds.com/benchmarks/growth/united-states)

Series C elsewhere

[**AI** $110M](https://millionrounds.com/benchmarks/series-c/ai)[**Fintech** $66M](https://millionrounds.com/benchmarks/series-c/fintech)[**Healthcare** $56M](https://millionrounds.com/benchmarks/series-c/healthcare)

## Raising a Series C round?

See who leads rounds like yours, and check your raise before you pitch.

[Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database)

## 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.
