Typical Series A round size for AI / ML startups in the US
Based on 82 Form D filings by United States AI / ML issuers at Series A stage, filed Oct 2024 – Sep 2026. Updated monthly. Change any segment to compare.
The numbers
- Median Series A raise: $15.3M
- Middle half of rounds: $7.9M – $26.9M
- Filings in sample: 82
- Rounds under $1M: 2%
- Rounds over $5M: 84%
- 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.