Rho Radar

Early-stage venture data, simplified. Brought to you by @rhobusiness

[Rho Radar @rhoradar]

@MetalRaise Data: @MetalRaise, US pre-seed to Series A, Q4 2025 to Q3 2026.

[Rho Radar @rhoradar]

$6.9M. $9M.

That's Palo Alto's median seed round, nearly 3x the US median, and LA's median Series A, half of it.

Where you raise changes the math. Here's how four hubs differ on timing and check size:

[Rho Radar @rhoradar]

@zhashx @MetalRaise https://t.co/9uOmvY0SyV

[Rho Radar @rhoradar]

Boston startups: same money, fewer rounds.

@zhashx breaks down where the $8.3B went, who’s writing the checks, and why Series A got harder to reach.

Full Q4 report with @MetalRaise data 👇

[Rho Radar @rhoradar]

@MetalRaise Data: @MetalRaise, US pre-seed to Series A, Q4 2025 to Q3 2026

[Rho Radar @rhoradar]

2,538 rounds. $29.4B. That's the Bay Area's last 12 months of pre-seed to Series A, and 42% of every early-stage dollar in the US. Here's who's carrying it, and the four cities playing a different game:

[Rho @rhobusiness]

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[Rho @rhobusiness]

On the future of SaaS in the era of $200M seed rounds.