Raise velocity · AI vs everyone else

Do AI companies raise faster?

Form D gives three clocks: when the first dollar came in (date of first sale), when the issuer told the SEC (filing date), and how the amount sold climbs across amendments. This page compares AI and non-AI startup raises on all three.

Source SEC Form DStartup raises first filed –Medians, not means: a few raises run for years

How long after the first dollar do companies tell the SEC?

The rule is 15 days from first sale. A longer gap usually means a rolling round (often SAFEs) filed once the round was well under way.

How big is the typical raise?

Median latest amount sold per raise. The median ignores the mega-rounds that dominate dollar totals.

How full does the round get?

Median share of the stated target sold by the latest filing (capped at 100%). Raises with an "Indefinite" target are left out.

How long do amended raises stay open?

Days from first to last filing, for raises with at least one amendment. Longer means the issuer kept selling (and reporting) for longer.

Lags outside 0–730 days are left out as data-entry errors (e.g. a first-sale date years before the company existed). AI counts are small before 2023, so early-year medians are noisy.