Series A
Definition
Series A: Series A is typically the first significant venture capital funding round after seed, usually ranging from $5M to $20M. At this stage, startups are expected to have product-market fit, meaningful traction, and a clear path to scaling. Series A investors look for strong unit economics and a repeatable go-to-market strategy.
Example Usage
“After hitting $1M ARR with strong retention, we raised a $12M Series A to expand our sales team.”
Common Misconceptions
Related Terms
Seed Round
A seed round is typically the first official equity funding stage for a startup, used to develop the product, hire initial team members, and validate...
Series B
Series B funding is raised by startups that have proven product-market fit and are ready to scale significantly. Rounds typically range from $20M to $...
Term Sheet
A term sheet is a non-binding document outlining the key terms of a proposed investment, including valuation, investment amount, board composition, li...
Dilution
Dilution occurs when a company issues new shares, reducing existing shareholders' ownership percentage. In each funding round, founders and early inve...
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