How Software Startups Are Valued Across Venture Rounds

How Software Startups Are Valued Across Venture Rounds

Author

Peter Walker

|

Read time: 

1 minute

Published date: 

July 19, 2024

Post-money valuations for software-only rounds in 2024: Series A median $52M, Series B $140M, Series C $238M—with biotech and hard tech excluded for cleaner...

LinkedIn: How Software Startups Are Valued Across Venture Rounds

How software startups are being valued across venture rounds in 2024.

Info from 1,112 primary US venture rounds raised in 2024. Freshly baked data 🥖

Note that these are post-money valuations for software companies only, we've excluded hard tech and biotech to make comparison more valid.

𝗦𝗲𝗿𝗶𝗲𝘀 𝗔

  • $52M median

  • Under $50M most common tier

𝗦𝗲𝗿𝗶𝗲𝘀 𝗕

  • $140M median

𝗦𝗲𝗿𝗶𝗲𝘀 𝗖

  • $238M median

  • Widest range of round sizes. Many under $50M, many over $1 billion.

𝗦𝗲𝗿𝗶𝗲𝘀 𝗗

  • $637M median

  • 32% of rounds in this stage valued at unicorn status

𝗦𝗲𝗿𝗶𝗲𝘀 𝗘+

  • $1.2B median

  • 64% unicorns

Q2 2024 looks like a slightly better overall quarter than Q1 in terms of total funding - optimism for the weekend ahead!

Today's data color palette brought to you by the blue screens across the world 😅

#cartadata #valuations #startups #fundraising #founders

Peter Walker
Author: Peter Walker
Peter Walker runs the Insights team at Carta, focused on discovering key data and narratives across the private capital ecosystem. In a former life, he was a marketing executive for a media analytics startup and led the data visualization team at the Covid Tracking Project.

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