Series B, C, D (and beyond)

Intermediate 🚀 Startup / VC

Definition

Subsequent funding rounds after Series A, each larger and more investor-filled than the last, until your startup becomes a 'scale-up' drowning in bureaucracy and VCs who don't use your product.

Example Usage

We're in conversations with growth equity firms for our Series D, which would push our valuation to $2 billion.

Origin

Standardized venture capital funding nomenclature

Fun Fact

Series C and beyond often involve 'down-market' VCs and growth equity firms, which are basically different animals with different return expectations

Source: Venture Capital Standards, startup funding terminology

Related Terms

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