U.S. Series A funding reaches $42 billion as deal counts hold steady

U.S. startups raised $42 billion in Series A funding through October 2026, up roughly 60% year over year, while deal counts remained on pace with recent years, Crunchbase data shows. Larger rounds are increasing capital available to selected companies without expanding the number receiving funding. Ten percent of Series A rounds this year are $75 million or more, compared with a $50 million threshold in 2025. Scale Venture Partners partner Siddharth Ramakrishnan said some investors are writing larger seed checks while others wait until Series B or later for stronger evidence of growth. That leaves a financing gap for companies still turning early customers into repeatable sales.