US Series A rounds fell 28% in Q3; bar now $2M-$3M ARR
RobRoyHobbs · x · 2026-10-30
Crunchbase data shows US Series A rounds fell 28% in Q3 (272 vs 377 a year ago); only 16% of the 2024 $1M+ seed cohort has moved past seed. The bar is now $2M-$3M ARR — a go-to-market problem first, not a fundraising one, the author argues.
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