What is series-c funding?

Companies that make it to the Series C round of fundraising are doing well. These businesses seek more capital to help them create new goods, grow into new markets, or even buy other businesses. Investors put money into the meat of successful firms in Series C rounds in the hopes of getting more than double their money back. Series C finance is aimed at scaling the business and ensuring that it grows as swiftly and profitably as feasible. Acquiring another firm might be one approach to expand a business. Businesses that proceed with Series D investment do so either for a final push before an IPO or because they have yet to reach the targets they set out to achieve with Series C fundraising.

This round is basically so large they can be considered miniature IPOs. They typically range in the $10+ million area and allow a high growth, pre-profit company to restructure debt financing and to take the necessary steps to becoming a traded company.

At this stage there will be institutional investors who see this company going IPO in the coming years.