U.S. seed deal counts fall as round medians rise

Raiseward Ventures reports U.S. pre-seed and seed deal count declined 13.7% in 2025 while median size rose 20.8%; AI’s 65.4% share of venture deal value spans all stages. A neocloud tracker finds early rounds make up 55% of financings with named stages but only 10% of disclosed capital, reinforcing that headline funding totals can obscure early-stage access.