Are valuations down markedly this year for start-ups seeking funding?
Not according to Crunchbase data based on its reviewed of U.S. fundings from Series A through Series C between 2018 through the first half of 2022. The firm reported in this Crunchbase News post that it looked at average and median check sizes to see how they have changed.
What did Crunchbase find? Average and median-sized rounds raised by start-ups in the first half of this year are not down dramatically. More specifically, Crunchbase reported the following:
- The average U.S. Series A for the first half of 2022 was $20.4 million, down 20 percent compared to the second half of 2021 which was $25.6 million. Amounts are on par with H1 2021 and well above the $16 million 2020 average.
- U.S. Series B fundings tracked at $50 million, down eight percent from $54.4 million in the second half of 2021, but up from the first half of 2021 at $45.4 million. The average in 2020 was $35.8 million.
- Series C fundings in the U.S. are on par for each fiscal half-year since 2021, averaging between $88 million and $89.5 million. These rounds are up from the average in 2020 at $62.8 million.