What is series-b funding?

Business & Management
#1

Series B deals are about pushing firms through the development stage and into the next phase. Investors assist startups in reaching their goals by increasing their market reach. Firms that have been via seed and Series A investment rounds have previously built significant user bases and demonstrated to investors that they are ready for larger-scale success. The firm will need Series B capital to expand in order to satisfy these levels of demand. In terms of methods and important actors, Series B looks to be comparable to Series A. Many of the same people from the previous round generally lead Series B, including a major anchor investor who helps to attract other investors. The distinction between Series A and Series B is the addition of a fresh generation of later-stage venture capital companies.

#2

This comes after the start-up has proven itself and the company needs some serious funds to keep up with growth. Of course, traditional companies would already be profitable at this point, but most user oriented tech companies are still pre-revenue up to several years in. Usually in the $5 to $10 million range.