Typical seed round size for startups in Bay Area
Based on 280 Form D filings by Bay Area all sectors issuers at seed stage, filed Nov 2024 – Oct 2026. Updated monthly. Change any segment to compare.
The numbers
- Median seed raise: $3.5M
- Middle half of rounds: $1.7M – $6.5M
- Filings in sample: 280
- Rounds under $1M: 13%
- Rounds over $5M: 37%
- 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 · Seed · New York ($3.4M)
All sectors · Seed · Boston ($2.9M)