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539+ Series D Startups (2026)

Updated August 2026

539 companies in the VCBacked database raised Series D as their most recent round. 31 of them closed that round in the last 90 days — that recent cohort is the one worth treating as a trigger event, and it is what the list below leads with. Each company shows round size, stage, city and the investors behind it. Data through July 24, 2026.

Total Companies
539
Total Funding
$18.9B
Avg Funding
$188.8M
Raised in 90 days
31

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Recently Funded Companies

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CompanyFunding
$25.0M
$41.7M
$120.0M
$44.0M
$60.0M
$650.0M
$315.0M
$1.5B
$100.0M
$65.0M
$55.7M
$67.4M
$65.0M
$1.2B
$85.0M
$75.0M
$113.4M
$113.4M
$34.0M
$113.4M
$113.4M
$380.0M
$250.0M
$311.6M
$175.0M
$400.0M
$150.0M
$39.0M
$500.0M
$1.0B
$52.0M
$150.0M
$200.0M
$41.0M
$20.7M
$20.0M
$7.9M
$140.0M
Undisclosed
$2.4M
$6.6M
$160.0M
$10.0M
$600.0M
Undisclosed
Undisclosed
$160.0M
$42.2M
$10.0M
$50.0M
$80.0M
$1.8B
$40.0M
Undisclosed
$100.0M
Undisclosed
$19.8M
$90.0M
$200.0M
$550.0M
$50.0M
$102.6M
$19.6M
$150.0M
$1.2B
$106.0M
$100.0M
$300.0M
$210.0M
$115.0M
$63.3M
$130.0M
$102.0M
$100.0M
$50.2M
$220.0M
$257.0M
$90.0M
$21.9M
$233.7M
$300.0M
$250.0M
$36.5M
$150.0M
$90.0M
$400.0M
$13.4M
$220.0M
$120.0M
$13.0M
$100.0M
$150.0M
$86.0M
$30.0M
$25.0M
$61.0M
$140.0M
$80.0M
$20.1M
$300.0M

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Understanding Series D Startups

Series D is late-stage capital raised by companies that are already substantial businesses. By this point a company usually has significant revenue, an established leadership team and a defined path toward an exit, whether that is an IPO, an acquisition or continued private growth. Rounds are led by growth equity firms, crossover investors and sovereign or corporate funds as often as by traditional venture firms.

Series D is the smallest of the stage cohorts covered here, and that is the point: it is a short, high-value list rather than a volume play. These companies have the largest budgets of any private startup segment and formal buying committees to match. Deals take longer, involve security review, legal negotiation and multiple stakeholders, and are correspondingly larger. A single Series D account can be worth more than an entire quarter of Seed-stage business.

The trigger-event logic still applies, but on a longer clock. A Series D is often raised ahead of a specific expansion — a new geography, a new product line, or the infrastructure and compliance work required to go public. Those initiatives create procurement activity for quarters rather than weeks, so the useful window after a Series D announcement is wider than it is at earlier stages.

Frequently Asked Questions

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