1,390+ Series D Startups 2026 | Database & Verified Contacts

📅 Last Updated: March 3, 2026 | New startups added weekly

📊 Part of our Funding Stages Series
Pre-Seed → Seed → Series A → Series B → Series C → Series D | Complete Funding Stages Guide →

Looking for recently funded Series D startups? This Series D startup database tracks 1,390+ late-stage companies with verified decision-maker contacts and funding intelligence updated monthly. Series D rounds signal companies with strong product-market fit, proven revenue, and serious scale ambitions — making them high-intent targets for B2B sales teams.

Our B2B lead database for Series D companies includes verified founder emails, funding amounts, investor details, and company intelligence — everything your sales team needs to reach the right people at the right time.

Below, you’ll find 100 recently funded Series D startups with actionable data you can use today.

👉 Jump to the Series D Startup List

Quick Stats: Series D Funding in 2025–2026

• 📍 Top markets: United States, China, India, United Kingdom, Canada
• 💰 Total Series D funding raised in 2025: $24.4 billion across 1,000+ deals
• 🏢 Series D companies tracked: 1,390 in our database
• ✉️ Verified email addresses: 2,161 decision-maker contacts
• 🎯 Top sectors: AI/ML, FinTech, Healthcare, Robotics, Aerospace

Recently Funded Series D Startups

Series D Startups at a Glance

• Number of Series D startups in our database:
• Number of verified email addresses in our database:
• Number of social profiles in our database:
• Other data points stored:
• Total Series D funding raised in 2025:
• Total Series D funding raised in 2026:

*Other funding includes private equity, debt financing, and various other types of capital.

What Is a Series D Round?

A Series D funding round is a late-stage investment that typically follows a successful Series C. Companies reaching this milestone have usually been operating for five to ten years, have substantial recurring revenue, and are either preparing for an IPO, pursuing a major acquisition, or expanding into new markets.

Rounds at this stage tend to be large — often $100 million or more — and are led by institutional investors including growth equity firms, late-stage venture funds, and occasionally sovereign wealth funds. Reaching this milestone is itself a strong signal: the company has survived early-stage risk, navigated product-market fit, and demonstrated the ability to scale.

According to Crunchbase, late-stage funding rounds (Series D and beyond) accounted for a significant share of total global venture capital deployed in 2025, even as overall deal count declined from peak levels. That concentration of capital into proven companies reflects investor preference for lower-risk, higher-conviction bets in a more selective funding environment.

For context on how this stage fits into the full funding lifecycle — from pre-seed through IPO — see our comprehensive guide to startup funding stages.

How Does Series D Differ from Series C?

The distinction between Series C and Series D is primarily about trajectory and purpose. Series C companies are scaling aggressively into their core market. Companies raising a fourth round are typically solving one of three problems: accelerating toward an IPO, acquiring competitors to consolidate their position, or entering a new geography or vertical where they need significant capital to establish a foothold.

Investors at this stage are taking a different kind of bet than early-stage VCs. The risk profile is lower, but the check sizes are much larger and the expectations for returns are correspondingly high. Companies that take on this capital are expected to have a clear, near-term path to liquidity — whether through a public offering, a strategic acquisition, or a secondary sale.

PitchBook’s venture market research consistently shows that median time from founding to Series D is seven to nine years, underscoring just how rare and selective this milestone is relative to the broader startup universe.

Who Invests in Series D Companies?

Investors at this stage tend to be growth equity specialists and large venture funds with dedicated late-stage vehicles. The investor profile differs meaningfully from earlier rounds, where generalist VCs with broad mandates dominate.

Common investor types include growth equity firms like General Atlantic, Insight Partners, and Tiger Global; late-stage vehicles from major VC firms like Andreessen Horowitz, Sequoia Capital, and Accel; crossover funds that hold positions in both private and public companies; and corporate venture arms, particularly in strategic sectors like healthcare, defense, and energy.

Sovereign wealth funds have also become increasingly active in late-stage rounds, particularly in AI, aerospace, and clean energy — sectors where long-term capital commitments align well with government strategic interests. The Abu Dhabi Investment Authority and GIC are among the sovereign investors that have backed several high-profile late-stage rounds in recent years.

Understanding who funds these companies matters for sales teams. Growth equity investors like Insight Partners and General Atlantic are known for providing significant operational support to portfolio companies — including help building out vendor relationships and technology infrastructure. When a company closes a growth round led by one of these firms, expect accelerated hiring, new tooling decisions, and expanded vendor spend to follow within 60–90 days.

Top Industries for Series D Funding in 2026

Late-stage funding activity in 2025 and 2026 has concentrated in a handful of high-growth verticals. According to data from CB Insights, AI/ML, healthcare, and clean energy have attracted a disproportionate share of late-stage capital globally.

Artificial Intelligence & ML has attracted the largest share of capital, with enterprise AI companies commanding especially high valuations given strong enterprise demand for workflow automation and intelligence. Companies like Anysphere (the maker of Cursor), ElevenLabs, and Decagon all completed major rounds in late 2025 and early 2026. The Stanford AI Index notes that private AI investment has continued to outpace other technology sectors, with large late-stage rounds becoming increasingly common as enterprise adoption scales.

Healthcare & Biotech remains the second-largest category, encompassing digital health platforms like Talkiatry and Midi Health, cell therapy manufacturers like Cellares, and pharmaceutical companies pursuing late-stage clinical programs. These companies often require large rounds specifically to fund regulatory pathways and manufacturing scale-up — costs that don’t compress with better software. The FDA’s Center for Drug Evaluation and Research has accelerated its approval processes for several drug categories, making the path from late-stage funding to commercial launch shorter for some biotech companies.

FinTech continues to produce significant rounds globally, with companies like WeLab, Alpaca, and Stream completing large raises across Asia, Europe, and North America. The sector benefits from regulatory tailwinds in several markets and increasing enterprise appetite for embedded financial products.

Aerospace & Defense has emerged as a notable growth area, driven by both commercial space ambitions and government procurement programs. Companies like Stoke Space, Hadrian, and Chaos secured significant rounds as demand for defense technology and launch capacity accelerates. The Defense Advanced Research Projects Agency (DARPA) and various allied government bodies have increased their engagement with venture-backed defense companies, providing a mix of contracts and strategic validation that supports late-stage fundraising.

Robotics & Manufacturing rounds out the top five, with automation companies attracting capital from both venture investors and strategic corporates looking to modernize production. Companies like Mujin, Vention, and Carbon Robotics are representative of a sector that benefits from long-term secular trends toward factory automation and supply chain resilience.

Geographic Breakdown of Series D Activity

United States

The US remains the dominant market by deal count and total capital raised. Companies across AI, healthcare, FinTech, and defense are raising large rounds, with the Bay Area, New York, and Boston continuing to anchor most activity. According to NVCA data, the US accounted for over 50% of global late-stage venture capital in 2025. Our funded startups database tracks hundreds of US-based companies at this stage across these hubs.

China

China is the second most active market globally for late-stage funding, particularly in manufacturing, aerospace, pharmaceuticals, and advanced materials. Chinese companies completing major rounds in 2025–2026 include Neolix (autonomous vehicles), Galactic Energy Aerospace, and several biotech and pharmaceutical companies pursuing oncology and immunology programs. Cross-border investment activity has shifted, with domestic Chinese investors taking a larger share of late-stage rounds compared to prior years.

India

India’s late-stage startup ecosystem continues to mature, with rounds appearing in agriculture technology (Arya Collateral), transportation (IntrCity), and FinTech (Juspay). According to Bain & Company’s India Venture Capital Report, India’s startup ecosystem has produced a growing number of companies capable of reaching late-stage funding thresholds, reflecting the country’s expanding domestic consumer market and growing B2B software sector. For a deeper look at the Indian startup ecosystem, see our India startups database.

United Kingdom & Europe

European late-stage activity is concentrated in FinTech, healthcare, and B2B software. Companies like Stream (HR/FinTech, UK), Mews (hospitality software, Netherlands), and Oviva (digital health, Switzerland) demonstrate the breadth of Europe’s mature venture ecosystem. Dealroom tracks European late-stage rounds closely and has noted that European companies are increasingly raising at valuations comparable to US peers, narrowing a gap that persisted for much of the prior decade. Explore our UK startups list for more detail on British companies across all funding stages.

Canada

Canadian companies like Neo Financial and Vention are reaching late-stage milestones with strong cross-border revenue models, reflecting Canada’s increasingly mature tech ecosystem. Our Canada startups database covers funded companies at all stages.

Why Sales Teams Target Series D Companies

Recently funded startups at the late stage represent some of the most attractive B2B sales targets available. Here’s why.

Capital to Spend: Companies at this stage have just closed rounds of $50 million or more. They have budget allocated for tooling, infrastructure, and services — and they’re under pressure from investors to deploy it effectively and show progress against the milestones they pitched.

Organizational Growth: Late-stage companies are typically building out new departments, hiring aggressively across functions, and implementing systems that can scale with them. This creates demand across a wide range of categories: HR tech, sales enablement tools, marketing platforms, data infrastructure, cybersecurity, legal services, and more.

Decision-Maker Access: Unlike early-stage companies where the founder makes every call, companies at this funding stage have a defined C-suite and department heads with real purchasing authority. Targeting the right decision-maker — the VP of Sales, Head of Engineering, or Chief People Officer — rather than the CEO is often the more effective approach, and a verified startup contact database makes that kind of role-level targeting possible at scale.

High Buying Intent: A newly funded company is actively building. The window immediately following a round close — typically 30 to 90 days — is when major vendor relationships are established and buying decisions are made. Sales teams that reach these companies early in that window have a measurable conversion advantage over those arriving months later.

Compared to Series A startups or Series B startups, late-stage companies have larger budgets and more organizational structure, but they also have more established vendor relationships and more complex procurement processes. The competition is stiffer, which makes timing and relevance even more important.

How to Approach Outreach to Late-Stage Funded Companies

Winning business from a company that just closed a major round requires a different playbook than cold outreach to early-stage startups. These companies receive a flood of sales attention after a funding announcement — which means generic outreach is noise.

Lead with the funding event, not your product. A message that acknowledges the round and connects your offering to the specific growth phase they’re entering will outperform a standard pitch. Reference the round amount, the investor, or the stated growth objectives from the press release. Show that you understand what they’re trying to accomplish.

Reach the right person, not just the most senior one. At this stage, budget holders exist below the C-suite. A VP of Engineering making infrastructure decisions, a Head of Revenue Operations evaluating sales tools, or a Director of People scaling their hiring — these are often better first contacts than the CEO, who is increasingly insulated from inbound sales.

Time it right. According to research cited by HubSpot, the optimal window for outreach following a funding event is within the first 30 days. After 90 days, many of the immediate vendor decisions have been made and budget has been allocated. The first month after a round closes is when your message has the most leverage.

Personalize at the company level, not just the name. Reference their specific industry, the investor backing the round, or a recent product announcement. Late-stage companies can spot templated outreach immediately. A brief, specific, and relevant message will always outperform a long, generic one.

For a deeper guide on cold email strategy for reaching funded companies, see our B2B lead generation tools guide and guide to selling to funded startups.

Using a Startup Database to Find Series D Leads

Finding late-stage funded companies manually — by monitoring TechCrunch, Crunchbase, and press release feeds — is time-consuming and inconsistent. A single funding announcement often doesn’t include the verified contact details, LinkedIn profiles, and role-specific emails your sales team actually needs to act on the lead.

A comprehensive startup database solves this by aggregating funding data, verifying contacts, and delivering new leads on a regular cadence. When evaluating B2B lead databases for late-stage prospecting, prioritize the following:

Data freshness — Monthly or weekly updates vs. quarterly snapshots that miss the critical post-round buying window

Contact verification — Direct decision-maker emails vs. generic info@ addresses that bounce or go unread

Funding intelligence — Round size, lead investor, and close date, so you can prioritize outreach based on recency and deal size

Role-level access — Founder, CEO, VP of Sales, VP of Engineering contacts, not just company-level data that forces you to do additional research

Growth List maintains a continuously updated database for B2B sales teams targeting funded startups at every stage, with new late-stage companies added as rounds are announced and verified.

💰 Understanding All Startup Funding Stages

Each funding stage signals a different buying window for B2B sales teams. Companies that just raised are actively building their stack—making them prime outreach targets.

💡 Pro tip: Target companies within 0–90 days of their funding announcement for maximum response rates. Learn the full strategy →

Complete Funding Stages Guide →

Frequently Asked Questions

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