Analysis

March 19, 2024

Series B rounds are getting bigger — but harder to raise, according to new data

New data from Carta has revealed that while later-stage rounds got bigger in 2023, they took 85% longer to close

Sadia Nowshin

4 min read

Raising capital is a tough task across the market right now, whether you’re an early-stage founder getting off the ground or a later-stage startup trying to scale. 

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A chart from Carta showing how long it takes to raise each round of funding in 2023.
Chart: Carta
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A chart from Carta showing the median and average Series B round size from 2020 to 2023.
Chart: Carta
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A chart from Carta showing the median and average Series As round size from 2020 to 2023.
Chart: Carta
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A chart from Carta showing the median and average seed round size from 2020 to 2023.
Chart: Carta
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A chart from Carta showing the median and average pre-seed round size from 2020 to 2023.
Chart: Carta
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Sadia Nowshin

Sadia Nowshin was a reporter at Sifted covering foodtech, biotech and startup life. Follow her on X and LinkedIn

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