Startup funding in January 2025 reached $10.1B, with mixed signals showing a 12.5% decline month-over-month but an 8.3% increase year-over-year.
Today, I will look at the state of venture capital and seed funding nationally for January. Analyzing some publicly available data from CrunchBase, we break down the aggregate statistics for all funding deals by stage of funding (Early Stage [Angel, Pre-Seed, Seed], Series A, Series B, and Late Stage [Series C+]). The month was notably marked by Infinite Reality’s massive $3B venture round, followed by other significant deals including Helion Energy’s $425M Series F and Truveta’s $320M Series C round. Web3, media & entertainment, and AI sectors showed strong activity, collectively accounting for a substantial portion of the month’s funding.
US Startup Funding Overview – January 2025
Top Industries by Investment
| Industry | Total Funding | Deal Count | Avg. Deal Size |
|---|---|---|---|
| Web3/Media & Entertainment | $4.03B | 11 | $366.4M |
| Artificial Intelligence (AI) | $510.1M | 91 | $5.6M |
| Health Care | $504.7M | 40 | $12.6M |
| Energy | $425M | 5 | $85M |
| Software | $349.8M | 93 | $3.8M |
Funding Stage Analysis
Early-Stage
Average Round:
$4.4M
$4.4M
Median Round:
$3.0M
$3.0M
Number of Deals:
142
142
Total Funding:
$622.2M
$622.2M
Series A
Average Round:
$16.6M
$16.6M
Median Round:
$12.0M
$12.0M
Number of Deals:
69
69
Total Funding:
$1.14B
$1.14B
Series B
Average Round:
$37.3M
$37.3M
Median Round:
$25.0M
$25.0M
Number of Deals:
42
42
Total Funding:
$1.57B
$1.57B
Late-Stage
Average Round:
$182.3M
$182.3M
Median Round:
$60.0M
$60.0M
Number of Deals:
37
37
Total Funding:
$6.74B
$6.74B
Notes:
- Data excludes biotech, real estate, lending platforms, and debt financing.
- Unknown rounds are classified based on amount ranges.
- Companies may be counted in multiple industry categories.
