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Also known as: Series B round, Series B funding

Series B

ConceptualFundraising

Definition

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 $60M and fund team expansion, market expansion, and infrastructure. Series B investors expect strong unit economics and a clear path to profitability.

Example Usage

β€œOur $35M Series B allowed us to expand into Europe and triple our engineering team.”

Common Misconceptions

Series B is just a bigger Series A. Expectations and metrics scrutiny increase dramatically.
Profitability isn't expected at Series B. Investors increasingly want a clear path to profits.
Series B always comes 18-24 months after Series A. Timing varies greatly by company.

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