The <$5 million dollar round surged in 2022

Percent of total startup funding rounds raised by deal size and quarter from Q1 2019 through Q4 2022. The share of rounds under $5M rebounded significantly throughout 2022, reaching 47.8% in Q4 2022.
| Label | Value shown on the chart |
|---|---|
| 2019 Q1 - Under $5M | 48.7% |
| 2021 Q4 - Under $5M | 34.5% |
| 2022 Q1 - Under $5M | 35.5% |
| 2022 Q2 - Under $5M | 37.9% |
| 2022 Q3 - Under $5M | 44.9% |
| 2022 Q4 - Under $5M | 47.8% |
| 2022 Q4 - $5M-$10M | 20.0% |
| 2022 Q4 - $10M-$25M | 19.1% |
| 2022 Q4 - $25M-$50M | 7.9% |
| 2022 Q4 - Over $50M | 5.1% |
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