Definition
Later-stage funding rounds (C, D, E, F, etc.) for companies approaching profitability or dramatic growth. The venture capital equivalent of 'we've lost count.'
Example Usage
Our Series E round values the company at $500 million, though our burn rate suggests we're good for about 14 more months.
Origin
Extension of the Series A/B system as companies stay private longer
Fun Fact
Some startups have raised up to Series H or beyond; Y Combinator's Stripe completed a Series I in 2023.
Source: Contemporary venture capital funding stages
Related Terms
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See “Series C and Beyond” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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