6.3.2. Median Series A rounds The following table illustrates the median size of Series A rounds. (These are shown as three year moving averages):
Period
US Tier 1
US Tier 2
Canada TIer 1
Canada TIer 2
2011-2013
$3,895,000
$3,133,333
$4,604,570
$3,424,458
2012-2014
$4,500,000
$3,816,810
$4,666,869
$3,686,329
2013-2015
$5,033,333
$4,115,098
$5,166,869
$4,502,139
2014-2016
$5,533,333
$4,298,432
$4,978,536
$3,259,380
2015-2017
$6,050,000
$4,581,622
$5,228,333
$2,948,253
2016-2018
$6,383,333
$4,850,000
$5,861,667
$2,048,253
2017-2019
$6,748,333
$5,500,000
$6,123,333
$4,203,333
2018-2020
$7,470,592
$6,000,000
$6,623,333
$6,594,477
2019-2021
$8,937,259
$7,500,000
$6,944,329
$8,161,144
2020-2022
$9,905,592
$8,666,667
$8,220,996
$8,227,795
2021-2023
$10,333,333
$9,833,333
$8,537,662
$8,553,318
2022-2024
$10,320,000
$9,833,333
$8,179,482
$10,579,984
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