---
title: Average Series A Round of Financing Reaches $12.5 Million
description: "Report on the Average Series A Funding Round and Leading Cities for Venture Capital: First Half of 2019."
---

[Startups Blog ](https://www.fundz.net/blog)

# [Average Series A Round of Financing Reaches $12.5 Million](https://www.fundz.net/blog/average-series-a-round-reaches-12.5-million-for-first-half-of-2019)

 Written by [Darren Wall](https://www.fundz.net/blog/author/darren-wall) | Jun 30, 2019 2:41:51 PM

The average Series A round of financing in the U.S. has climbed  to $12.5 million through the first six months of 2019 - that's up 20% in one year and a new record high.

With over 320 Series A rounds reported so far in the U.S. for 2019, the continuation of supersized Series A rounds, plus a much larger than average round size found in biotech and pharmaceutical companies, has helped push the average Series A steadily higher.

We've also analyzed data on which cities are getting the most funding by both total investment (all round types), number of $100k plus deals, funding per capita and average deal size per city:

**Top U.S. City for Total VC investment: San Francisco, California**

In aggregated venture funding year to date, San Francisco continues to lead other cities by quite a margin, with over $4.8 billion pouring into startups so far in 2019. New York and San Diego take the remaining top three spots, with over $2.8 billion and $869 million invested in startups in these cities. These numbers also only include what's been reported via non-amended filings, YTD.

**Top U.S. City for Number of >$100k deals: New York, New York**

When we analyze deals per city we see some change to this tip three order. New York City leads the pack here, with over 320 >$100k rounds reported in filings, while San Francisco comes in #2 at around 160 funding rounds. San Diego takes the third spot with 88.

**Top U.S. City for VC Funding Per Capita: Cambridge, Massachusetts**

Looking at VC spending per capita, three cities have a commanding lead over all the rest. While San Francisco still takes a top three position with $5,434 per capita, Cambridge, MA takes the #1 spot with $6,369 per person in VC funding for the the first half of 2019. The number three position is held by San Mateo, CA, with $4,606 per person in funding. 

**Top U.S. City for VC Funding Deal Size: San Francisco, California**

The Golden State takes the trifecta here. Excluding under $100k deals, San Francisco comes in at an average round size of an amazing $30 million, while San Mateo takes the silver with $19.3 million. San Diego isn't too shabby either, the number three position averages $16.5 million per funding round.

Here you can find some more facts on [VC funding by City](https://www.fundz.net/vc-funding-by-city-2019) in 2019.

Topic: [Series A Funding](https://www.fundz.net/what-is-series-a-funding-series-b-funding-and-more)

 

 

 

[View full post](https://www.fundz.net/blog/average-series-a-round-reaches-12.5-million-for-first-half-of-2019)

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