AI startup funding and exits in the United States
As of Nov 2, 2026, Aperture Tracker has tracked 4,170 early-stage AI funding rounds at startups headquartered in the United States, announced since Jan 2, 2023, with $116.55B in disclosed capital raised (3,825 rounds with a disclosed amount).
It has also counted 318 exits of startups headquartered in the United States announced since Jan 1, 2024, 197 of them with a disclosed exit value, totalling $2.27T in associated exit value. The largest single exit accounts for 77.0% of that value; without it, associated exit value is $522.9B across 196 exits.
Funding
Counted by country of headquarters. The dashboard's North America region also includes Canada and Mexico.
- Rounds tracked
- 4,170
- Share of all tracked rounds
- 45.6% (4,170 of 9,138)
- Disclosed capital raised
- $116.55B across 3,825 rounds with a disclosed amount
- Share of all disclosed capital
- 66.0% ($116.55B of $176.58B)
- Median disclosed round
- $10.2M
- Largest company's share of disclosed capital
- 10.3%
- Top three companies' share of disclosed capital
- 17.2%
- AI classification
- 2,880 AI-native, 1,290 AI-enabled
- Announced
- Jan 2, 2023 to Nov 1, 2026
- Last refresh
- Nov 2, 2026
By stage| Stage | Rounds | With amount | Disclosed capital raised |
|---|
| Pre-Seed | 241 | 216 | $755.9M |
| Seed | 1,973 | 1,762 | $19.28B |
| Pre-A | 17 | 15 | $173.3M |
| Series A | 1,291 | 1,213 | $37.57B |
| Series B | 648 | 619 | $58.77B |
By sector| Sector | Rounds | With amount | Disclosed capital raised |
|---|
| Enterprise & Vertical AI | 1,067 | 976 | $18.04B |
| Healthcare & Life Sciences | 545 | 492 | $11.79B |
| Fintech AI | 385 | 351 | $5.42B |
| Defense & Security AI | 336 | 314 | $7.98B |
| AI Infrastructure | 334 | 314 | $10.97B |
| AI Developer Tools | 313 | 288 | $5.28B |
| AI Agents | 287 | 269 | $5.11B |
| Consumer & Media AI | 281 | 258 | $4.19B |
| Industry AI | 260 | 241 | $4.78B |
| Robotics & Physical AI | 193 | 165 | $10.00B |
| AI Models & Research | 99 | 95 | $28.91B |
| AI Hardware & Chips | 67 | 60 | $4.04B |
By announcement quarter| Quarter | Rounds | With amount | Disclosed capital raised |
|---|
| 2023 Q1 (from Jan 2, 2023) | 80 | 74 | $1.73B |
| 2023 Q2 | 124 | 110 | $2.33B |
| 2023 Q3 | 158 | 153 | $3.11B |
| 2023 Q4 | 197 | 180 | $2.96B |
| 2024 Q1 | 188 | 178 | $3.87B |
| 2024 Q2 | 267 | 247 | $10.46B |
| 2024 Q3 | 223 | 214 | $4.14B |
| 2024 Q4 | 272 | 259 | $4.41B |
| 2025 Q1 | 293 | 275 | $5.49B |
| 2025 Q2 | 428 | 388 | $8.40B |
| 2025 Q3 | 499 | 429 | $8.26B |
| 2025 Q4 | 583 | 494 | $12.71B |
| 2026 Q1 | 326 | 310 | $14.63B |
| 2026 Q2 | 181 | 179 | $19.56B |
| 2026 Q3 | 222 | 213 | $8.84B |
| 2026 Q4 (to Nov 1, 2026) | 129 | 122 | $5.65B |
By headquarters city (top 10)| City | Rounds | With amount | Disclosed capital raised |
|---|
| San Francisco | 1,174 | 1,080 | $41.54B |
| New York | 748 | 703 | $13.99B |
| Palo Alto | 166 | 151 | $14.67B |
| Boston | 118 | 110 | $1.86B |
| Seattle | 109 | 101 | $1.62B |
| Austin | 95 | 85 | $2.44B |
| Los Angeles | 86 | 78 | $1.03B |
| Miami | 59 | 52 | $687.6M |
| Chicago | 50 | 45 | $795.8M |
| San Jose | 48 | 45 | $1.59B |
266 rounds have no city recorded and are not shown in this table. Brooklyn and Manhattan are counted under New York.
Exits
Scope: AI startups plus venture-backed tech companies exiting at $500M or more (and all listings), counted by announcement date from Jan 1, 2024. Exit value is the deal price for acquisitions and talent deals, and the market capitalisation at the IPO price for listings; exits without a disclosed value are counted but not valued, and the capital figures are associated exit value, not an amount any one party paid. The exits window is longer than the funding window because exits are not swept weekly. A further 54 counted exits have no headquarters recorded and appear on no country or region page.
- Exits counted
- 318
- Share of all counted exits
- 44.8% (318 of 710)
- With a disclosed exit value
- 197 of 318
- Associated exit value
- $2.27T across 197 exits with a disclosed value
- Share of all associated exit value
- 79.1% ($2.27T of $2.87T)
- Median valued exit
- $728M
- Largest exit's share of associated exit value
- 77.0%
- Associated exit value without the largest exit
- $522.9B across 196 exits
- Top three exits' share of associated exit value
- 82.1%
- AI classification
- 135 AI-native, 135 AI-enabled, 48 Not AI
- Announced
- Jan 1, 2024 to Nov 1, 2026
By kind of exit| Kind | Exits | With exit value | Associated exit value |
|---|
| Listings | 59 | 38 | $1.98T |
| Acquisitions | 232 | 151 | $247.5B |
| License & hire | 23 | 8 | $46.8B |
| Acqui-hires | 4 | 0 | None disclosed |
By sector| Sector | Exits | With exit value | Associated exit value |
|---|
| Enterprise & Vertical Software | 47 | 25 | $31.1B |
| Infrastructure & Cloud | 37 | 19 | $1.82T |
| Defense & Security | 36 | 30 | $75.7B |
| Consumer & Media | 34 | 21 | $37.1B |
| Fintech | 31 | 24 | $53.3B |
| Developer Tools | 28 | 14 | $89.3B |
| AI Agents | 28 | 14 | $10.2B |
| Healthcare & Life Sciences | 22 | 17 | $22.6B |
| Chips & Hardware | 20 | 15 | $93.2B |
| Robotics & Physical Systems | 13 | 4 | $8.51B |
| AI Models & Research | 12 | 5 | $14.9B |
| Industry | 10 | 9 | $15.2B |
By announcement quarter| Quarter | Exits | With exit value | Associated exit value |
|---|
| 2024 Q1 | 9 | 8 | $17.2B |
| 2024 Q2 | 11 | 7 | $19.3B |
| 2024 Q3 | 11 | 7 | $7.12B |
| 2024 Q4 | 13 | 9 | $9.16B |
| 2025 Q1 | 24 | 15 | $65.4B |
| 2025 Q2 | 27 | 20 | $58.1B |
| 2025 Q3 | 42 | 27 | $64.2B |
| 2025 Q4 | 33 | 21 | $59.5B |
| 2026 Q1 | 44 | 19 | $20.1B |
| 2026 Q2 | 47 | 29 | $1.89T |
| 2026 Q3 | 44 | 30 | $54.8B |
| 2026 Q4 (to Nov 1, 2026) | 13 | 5 | $4.63B |
By acquirer type| Acquirer type | Exits |
|---|
| Strategic | 121 |
| Big Tech | 80 |
| Startup | 29 |
| AI lab | 21 |
| Private equity | 7 |
| Other | 1 |
Acquisitions and talent deals with a recorded acquirer type.
Explore the interactive views on the dashboard (funding) and the Exits tab; definitions are in the methodology.