# Median Series D round size (2026), worldwide > The median Series D round worldwide is $158M, from 98 rounds announced in the last 12 months. Half raised between $101M and $311M. Source: https://millionrounds.com/benchmarks/series-d (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical Series D round *worldwide* From 98 Series D rounds announced worldwide over the last twelve months, each read from a named source. Half of them raised between $101M and $311M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Series D Worldwide Median round **$158M** $40M 1 in 10 below $101M – $311M middle half $644M 1 in 10 above 98 rounds counted · recounted nightly Rounds counted **98** Series D rounds worldwide, last 12 months Biggest 10% **$644M+** the top tenth of Series D rounds Since last round **13 mo** median gap, from 50 companies we saw raise before Lead named **86%** of these rounds name the investor who led The trend ## Median Series D round, quarter by quarter From $135M in 2024 Q4 to $125M in 2026 Q3. Quarters with fewer than five rounds are left blank. $135M '24 Q4 13 rds $100M '25 Q1 14 rds $108M '25 Q2 18 rds $90M '25 Q3 14 rds $281M '25 Q4 13 rds $153M '26 Q1 22 rds $180M '26 Q2 18 rds $125M '26 Q3 27 rds Who leads ## The most active leads The firms that led the most Series D rounds worldwide this year. - [1 **Sequoia Capital** 5 led](https://millionrounds.com/fund/sequoia-capital) - [2 **Kleiner Perkins** 4 led](https://millionrounds.com/fund/kleiner-perkins) - [3 **Eclipse** 4 led](https://millionrounds.com/fund/eclipse) - [4 **Accel** 3 led](https://millionrounds.com/fund/accel) - [5 **TCV** 3 led](https://millionrounds.com/fund/tcv) - [6 **Qatar Ban** 3 led](https://millionrounds.com/fund/qatar-ban) Recent examples ## Series D rounds worldwide, latest first - [**Group14 Technologies** 29 Oct 2026 · Not named $169M +7%](https://millionrounds.com/company/group14-technologies) - [**FuriosaAI** 28 Oct 2026 · National Growth Fund $620M +294%](https://millionrounds.com/company/furiosaai) - [**Firehawk Aerospace** 28 Oct 2026 · Not named $150M -5%](https://millionrounds.com/company/firehawk-aerospace) - [**Tractian** 22 Oct 2026 · Sapphire Ventures $130M -17%](https://millionrounds.com/company/tractian) - [**Xona** 22 Oct 2026 · Future Ventures $250M +59%](https://millionrounds.com/company/xona) - [**Whop** 21 Oct 2026 · Sequoia Capital $200M +27%](https://millionrounds.com/company/whop) - [**Nouscom** 19 Oct 2026 · M/VENTURES $135M -14%](https://millionrounds.com/company/nouscom) - [**Sirona Medical** 16 Oct 2026 · Avidity Partners $40M -75%](https://millionrounds.com/company/sirona-medical) **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 worldwide [**Pre-seed** $2.0M](https://millionrounds.com/benchmarks/pre-seed)[**Seed** $5.5M](https://millionrounds.com/benchmarks/seed)[**Series A** $20M](https://millionrounds.com/benchmarks/series-a)[**Series B** $50M](https://millionrounds.com/benchmarks/series-b)[**Series C** $100M](https://millionrounds.com/benchmarks/series-c)[**Growth** $108M](https://millionrounds.com/benchmarks/growth) Series D elsewhere [**United States** $190M](https://millionrounds.com/benchmarks/series-d/united-states)[**AI** $150M](https://millionrounds.com/benchmarks/series-d/ai) ## Raising a Series D 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 D round worldwide? The median is $158M, from 98 Series D rounds announced worldwide in the last twelve months. Half of them raised between $101M and $311M; one in ten raised more than $644M. 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.