AI's share of VC is up in every stage group since 2020, especially Series B process

This bar chart displays the share of venture capital cash raised going to AI companies by stage group from 2020 to Q3 2026 for US companies on Carta. Across all rounds, the share of funding going to AI companies increased from 39% in 2020 to 52% in 2026.
| Label | Value shown on the chart |
|---|---|
| Seed-Series A 2020 | 30% |
| Seed-Series A 2025 | 48% |
| Seed-Series A 2026 (as of Q3) | 44% |
| Series B+ 2020 | 43% |
| Series B+ 2024 | 54% |
| Series B+ 2025 | 56% |
| Series B+ 2026 (as of Q3) | 57% |
| All rounds 2020 | 39% |
| All rounds 2024 | 49% |
| All rounds 2025 | 52% |
| All rounds 2026 (as of Q3) | 52% |
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