Typical Series A round size for AI / ML startups in the US
Based on 81 Form D filings by United States AI / ML issuers at Series A stage, filed Nov 2024 – Oct 2026. Updated monthly. Change any segment to compare.
The numbers
- Median Series A raise: $15M
- Middle half of rounds: $7.9M – $27.5M
- Filings in sample: 81
- Rounds under $1M: 2%
- Rounds over $5M: 84%
- 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.