Here's how much cash you should actually expect from your next VC round.
Data from 752 primary US venture rounds raised in Q2 2024. Piping hot data ♨️
𝗦𝗲𝗲𝗱 (𝗽𝗿𝗶𝗰𝗲𝗱 𝘀𝗲𝗲𝗱 + 𝗦𝗔𝗙𝗘 𝗿𝗼𝘂𝗻𝗱𝘀 𝗼𝗳 $𝟮𝗠 𝗼𝗿 𝗺𝗼𝗿𝗲)
Median cash today: $3.4M
71% of rounds were under $5M
𝗦𝗲𝗿𝗶𝗲𝘀 𝗔
$9.9M median
$10M-$24M most common tier
𝗦𝗲𝗿𝗶𝗲𝘀 𝗕
$21.5M median
𝗦𝗲𝗿𝗶𝗲𝘀 𝗖
$32.2M median
Widest range of round sizes. Many under $5M, many over $100M
𝗦𝗲𝗿𝗶𝗲𝘀 𝗗
$49.5M median
30% of rounds in this stage raised more than $100M
𝗦𝗼𝗺𝗲 𝘁𝗵𝗼𝘂𝗴𝗵𝘁𝘀
Seed is quite robust right now, $3.5M is no joke!
Series A still high-ish but well off the $13M peak
Across most stages, the worst quarter in terms of median round size was Q1 or Q2 2023
Q2 2024 looks like a slightly better overall quarter than Q1 in terms of total funding - here's to some slight optimism!
#cartadata #roundsizes #fundraising #founders #startups
DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. © 2026 Carta. All rights reserved. Reproduction prohibited.
