Typical pre-seed round size for startups in Bay Area
Based on 161 Form D filings by Bay Area all sectors issuers at pre-seed stage, filed Nov 2024 – Oct 2026. Updated monthly. Change any segment to compare.
The numbers
- Median pre-seed raise: $155k
- Middle half of rounds: $65k – $364k
- Filings in sample: 161
- Rounds under $1M: 92%
- Rounds over $5M: 0%
- Updated Oct 2026
Read this number carefully
Form D undercounts small SAFE rounds and rounds that rely on other exemptions. Treat the median as a ceiling for "typical", not a target.
Compare segments
All sectors · Pre-seed · New York ($135k)
All sectors · Pre-seed · Austin ($78k)