

The key insight this week
Welcome back to the Data Minute, your favorite snackable newsletter dedicated to all things venture data. Thank you to the dozens of people who submitted questions from our prior newsletter. We loved getting to answer your most pressing inquiries.
Going into the new year, finding the right valuation and round size is a crucial step for every founder and investor looking to complete venture rounds. The charts below are built with a first cut of the 2022 data we have so far. Though Q4 numbers will shift somewhat as more rounds get recorded on the Carta platform, this early data should still give you insight into the most recent trends.
Without further ado: the first cut of pre-money valuations and round sizes for seed through Series E+.
New to Data Minute? Subscribe here for one venture insight per week. Forwarding encouraged!
Peter Walker
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.



