Crunchbase data show the median US late-stage venture round hit $100M in 2026, up from roughly $50M in 2020, with 250 rounds of $100M or more closed so far this year and 18 rounds exceeding $1B. Capital raised in jumbo rounds is at record levels, concentrated heavily in AI names such as OpenAI and Anthropic, though deal count remains below the 2021 peak. For financial institutions, this signals that the valuation baseline for late-stage AI-adjacent private companies has structurally reset upward, with two confidential IPO filings (Anthropic, OpenAI) reportedly targeting valuations near $1 trillion, creating a high-stakes benchmark for public-market price discovery.
227 other tracked developments touching the same claims.