Typical seed round size for startups in Chicago
Based on 66 Form D filings by Chicago all sectors issuers at seed stage, filed Oct 2024 – Sep 2026. Updated monthly. Change any segment to compare.
The numbers
- Median seed raise: $1.9M
- Middle half of rounds: $878k – $3.9M
- Filings in sample: 66
- Rounds under $1M: 27%
- Rounds over $5M: 14%
- Updated Sep 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 · Bay Area ($3.7M)
All sectors · Seed · New York ($3.3M)