What each AI round stage is worth

I went through 471 AI funding rounds from the last 30 days in the AI Lounge deals database and looked at the median raise and valuation at each stage.

At pre-seed, the median was $1.7M at a $6.7M valuation, about a quarter of the company. At seed, it was $5.3M at about $30M, closer to 17%. At Series A, $20M at $123M, about 16%. By Series C, $105M at $1B, about 10%.

The biggest step-up is seed to Series A, where value rises about 4x. That is the round to plan hardest for. Keep in mind that about half of seed rounds did not disclose a valuation, so treat these figures as a guide, not a quote.

If you are raising now, what did your last round sell for, and how did the terms compare to these medians?