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Median round size bumped back up for Series E+

Carta DataFebruary 2023
Median round size bumped back up for Series E+
Chart by Carta Data. Source: carta.com

This chart measures the median cash raised per round for Series D and Series E+ startups by quarter from Q1 2020 to Q4 2022. In Q4 2022, median round size for Series E+ rebounded to $52M, while Series D fell to $20M.

LabelValue shown on the chart
Series D Q1 2020$44M
Series D Q4 2020$75M
Series D Q4 2021$96M
Series D Q4 2022$20M
Series E+ Q1 2020$53M
Series E+ Q3 2020$92M
Series E+ Q1 2021$120M
Series E+ Q2 2021$100M
Series E+ Q4 2021$150M
Series E+ Q1 2022$106M
Series E+ Q3 2022$31M
Series E+ Q4 2022$52M

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