Typical Series A round size for healthtech startups in Bay Area
Based on 15 Form D filings by Bay Area healthtech issuers at Series A stage, filed Oct 2024 – Sep 2026. Updated monthly. Change any segment to compare.
The numbers
- Median Series A raise: $11.2M
- Middle half of rounds: $6.8M – $23M
- Filings in sample: 15
- Rounds under $1M: 0%
- Rounds over $5M: 87%
- 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.