Data Report

State of Startup Funding 2026

A snapshot of cumulative company funding by sector, stage, and geography. Sourced from Indexed's live database of 101,532 company profiles and 22,529 investors.

Snapshot read November 2026 · Figures in USD

Use company data through the API.
Example request
curl "https://indexed.vc/api/v1/companies?sort=total_funding_raised&order=desc&limit=100" -H "X-API-Key: YOUR_API_KEY"

The API returns companies, not funding rounds or totals, so this is the closest request: the most-funded companies.

101,532

Companies Tracked

22,529

Investors Tracked

$4.4T

Total Funding Documented

725

Funded in Last 90 Days

Funding by Sector

Cumulative funding for companies in each sector. Percentages use total documented company funding; bar lengths compare the sectors shown.

Share of all documented company funding. Sectors overlap — an AI fintech company counts in both, so percentages need not sum to 100%.

Funding Trend

Total documented capital raised per quarter. The current quarter is still filling in.

Year-only estimates are excluded from quarterly totals. Headline totals may include them.

$136.4B
$87.3B
$142.5B
$126.4B
$335.4B
$221.0B
$113.8B
$19.9B
'25 Q1
'25 Q2
'25 Q3
'25 Q4
'26 Q1
'26 Q2
'26 Q3
'26 Q4
QTD

Peak quarter '26 Q1 at $335.4B. Latest complete quarter (2026Q3): ▼ 49% QoQ · ▼ 20% YoY. Current quarter (QTD) is still filling in.

Top Countries

Where tracked companies with a known country are headquartered.

1United States
49,347
2United Kingdom
5,349
3India
3,750
4Canada
3,284
5France
2,655
6Germany
2,166
7Japan
1,884
8South Korea
1,669

Stage Distribution

Last known funding stage for tracked companies.

1Seed
13,820
2Series A
8,317
3Venture Round
5,685
4Series B
5,021
5Grant
4,329
6Pre-Seed
2,804
7Series C
2,657
8Growth Equity
1,735

Frequently Asked Questions

How much cumulative company funding is documented as of 2026?

Indexed tracks $4.4T in cumulative funding documented across 101,532 company profiles as of November 2026. These are lifetime company totals, not funding raised only during the current year.

Which of the sectors shown has the most documented funding?

AI & Machine Learning leads the sectors shown with $1.1T in documented funding as of November 2026.

How many companies announced funding in the last 90 days?

725 companies in the Indexed database announced funding in the past 90 days.

Which country has the most tracked companies?

United States leads with 49,347 tracked companies, followed by United Kingdom and India.

Explore the Data

Methodology

Figures are aggregated from Indexed's live database of 101,532 company profiles and 22,529 investors. Company totals include publicly listed and inactive businesses. Company funding totals and individual event tables have different coverage; each report states its population and period. Amounts are shown in USD where available, and undisclosed amounts are excluded from dollar totals. Source coverage varies by record; follow company and event links to inspect supporting evidence. Report generated November 2026. Free to cite with attribution to Indexed.

Totals include recorded grants and other qualifying funding, not just equity. Debt financing, IPO proceeds and exit consideration are excluded from these funding totals. Valuations are company values, not capital raised. How funding is counted.