Happy Friday! Welcome to the month September.
Check out the the August 2026 venture capital funding data from AngelList.
Pre-Seed
Median Money Raised:
$1,250,000
Median Post-Money Valuation:
$12,500,000
Seed
Median Money Raised:
$4,343,200
Median Post-Money Valuation:
$35,600,000
Series A
Median Money Raised:
$19,095,000
Median Post-Money Valuation:
$127,300,000
Series B
Median Money Raised:
$29,277,778
Median Post-Money Valuation:
$283,333,333
Startup Funding Guides
I’ve put together a series of guides to equip founders to excel at fundraising. These guides break down the deal term by term and give you negotiation tips so that you can speak to investors with confidence.
Convertible Note: Guide / Video
Should a Seed Round Cost $100,000?
A friend recently told me his relatively straightforward $7 million seed round costs over $100,000 in legal fees — much higher than initially quoted. Unfortunately, this is becoming more common. However, for an experienced startup law firm, a standard seed round based on NVCA docs should cost $20,000 to $40,000 all in. At my firm Westaway, this complete seed round package is a flat $24,000. No runaway legal costs. No surprise bills. Just transparent pricing. If you’ve got an upcoming fundraise, let’s talk.
These numbers are a great snapshot of how dramatically funding expectations shift across stages. The jump from pre seed to Series A is especially striking.