● Browse by stage
From first check to pre-IPO.
The funding ladder, with how many companies are raising at each rung right now and what a typical round looks like.
The ladder
2,147 rounds tracked.
Pre-Seed236 rounds
Median $2M · first outside money, often on an idea and a team
$807K–$3MAngel17 rounds
Median $250K · individual backers, no institutional lead yet
$180K–$1MSeed561 rounds
Median $4M · the busiest rung — first real institutional round
$2M–$7MSeries A584 rounds
Median $13M · proven pull, scaling the first go-to-market
$8M–$25MSeries B319 rounds
Median $40M · repeatable growth, building the org around it
$22M–$66MSeries C197 rounds
Median $100M · category leadership, expansion capital
$50M–$185MSeries D+159 rounds
Median $200M · late-stage, often crossover investors
$100M–$400MGrowth / Late74 rounds
Median $40M · pre-IPO scale, secondary common
$11M–$240MLatest Series A rounds
Where most jobs open up next.
