6.2.3. Total Series B+ funding
3 year deal period
Canada Tier 1
Canada Tier 2
US Tier 1
US Tier 2
2011-13
$1,322,158,678
$151,958,639
$14,132,583,890
$7,192,370,930
2014-16
$3,711,686,334
$221,553,328
$29,587,931,847
$9,774,143,606
2017-19
$6,724,081,984
$735,320,132
$42,346,530,525
$12,992,819,730
2020-22
$15,096,702,650
$1,230,328,888
$83,761,497,368
$25,492,262,015
2023-24
$5,485,141,327
$1,684,389,692
$31,198,671,939
$8,372,546,433
Grand Total
$33,292,165,725
$4,083,036,219
$216,108,389,200
$71,436,659,667
6.3. Median size of rounds 6.3.1. Median seed rounds The following table illustrates the median size of seed rounds. (These are shown as three year moving averages):
US Tier 1
US Tier 2
Canada Tier 1
Canada Tier 2
2011-2013
$741,820
$656,667
$626,748
$841,792
2012-2014
$816,667
$730,000
$710,082
$741,792
2013-2015
$900,000
$850,063
$665,000
$676,667
2014-2016
$966,667
$916,730
$729,690
$610,000
2015-2017
$1,040,569
$993,396
$796,357
$640,947
2016-2018
$1,123,903
$1,083,333
$831,357
$730,947
2017-2019
$1,207,236
$1,216,667
$916,667
$818,822
2018-2020
$1,266,667
$1,383,333
$933,333
$758,798
2019-2021
$1,383,333
$1,437,500
$1,066,667
$824,123
2020-2022
$1,636,667
$1,470,833
$1,193,755
$965,358
2021-2023
$1,936,667
$1,564,167
$1,268,755
$1,377,768
2022-2024
$2,236,667
$1,760,000
$1,368,755
$1,652,509
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