Fundraising FoxDeal volume & median round sizes
Rounds tracked from SEC Form D filings, company announcements, and press-verified reporting. Stage medians cover the trailing 12 months — the window where stage labels are densest; yearly totals count every tracked round.
By stage · last 12 months
| Stage | Rounds | Median size | Disclosed total |
|---|---|---|---|
| Pre-Seed | 516 | $2.1M | $553.5M |
| Seed | 1,843 | $6M | $15.6B |
| Series A | 1,662 | $20M | $31.2B |
| Series B | 823 | $45M | $45.1B |
| Series C | 456 | $95M | $37.3B |
| Growth | 403 | $150M | $89B |
By year · all tracked rounds
| Year | Rounds | With amounts | Median | Disclosed total |
|---|---|---|---|---|
| 2026 | 17,950 | 12,751 | $3.2M | $722.8B |
| 2025 | 22,022 | 15,970 | $2.8M | $335.4B |
| 2024 | 20,334 | 14,989 | $2.3M | $257.3B |
| 2023 | 24,104 | 19,387 | $1.2M | $277.3B |
| 2022 | 29,420 | 23,924 | $1.4M | $432.8B |
| 2021 | 31,456 | 26,016 | $1.5M | $563.6B |
| 2020 | 23,931 | 20,292 | $999.3K | $299B |
| 2019 | 25,439 | 21,782 | $871K | $209.3B |
| 2018 | 23,752 | 20,333 | $999.3K | $1.3T |
| 2017 | 22,503 | 19,595 | $935K | $171.5B |
Yearly medians span all stages and skew toward the small Form D filings most rounds are — use the stage table for stage-level norms.
Frequently asked questions
- What is the median Pre-Seed round size right now?
- $2.1M, computed across 516 Pre-Seed rounds announced in the last 12 months and tracked by Fundraising Fox.
- What is the median Seed round size right now?
- $6M, computed across 1,843 Seed rounds announced in the last 12 months and tracked by Fundraising Fox.
- What is the median Series A round size right now?
- $20M, computed across 1,662 Series A rounds announced in the last 12 months and tracked by Fundraising Fox.
- What is the median Series B round size right now?
- $45M, computed across 823 Series B rounds announced in the last 12 months and tracked by Fundraising Fox.
- What is the median Series C round size right now?
- $95M, computed across 456 Series C rounds announced in the last 12 months and tracked by Fundraising Fox.
- What is the median Growth round size right now?
- $150M, computed across 403 Growth rounds announced in the last 12 months and tracked by Fundraising Fox.
- How many venture rounds were announced in 2025?
- Fundraising Fox tracked 22,022 rounds announced in 2025, with $335.4B in disclosed amounts across 15,970 of them.