Series C

Intermediate 🚀 Startup / VC

Definition

The attempt to prove you weren't just lucky with Series A and that your unit economics actually work at scale.

Example Usage

Our Series C is focused on international expansion; we're raising $50M.

Origin

Logical continuation of Series naming; widespread by 1990s.

Fun Fact

Only ~20% of Series B companies raise a Series C; survival drops dramatically with each round.

Source: Startup / Venture Capital vernacular

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