Typical seed round size for SaaS startups in Bay Area
Based on 11 Form D filings by Bay Area SaaS issuers at seed stage, filed Nov 2024 – Oct 2026. Updated monthly. Change any segment to compare.
The numbers
- Median seed raise: $2.4M
- Middle half of rounds: $1.9M – $4.3M
- Filings in sample: 11
- Rounds under $1M: 0%
- Rounds over $5M: 18%
- 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.