Venture Financing
Series A / B / C
The named, progressively larger priced rounds as a startup scales
What it is
These are the named, sequential priced rounds a growing startup raises, each typically bigger and at a higher valuation than the last. Series A usually funds finding a repeatable business model, Series B funds scaling it, and Series C and beyond fund expansion, new markets, or pre-IPO growth. The letters are conventions, not legal categories.