Definition
Sequential institutional funding rounds designated by letters, theoretically indicating maturity but practically just measuring how much money you've convinced people to give you. The alphabet of ambition.
Example Usage
They raised a $15M Series B led by Sequoia, finally graduating from the scrappy startup phase to the well-funded company that still isn't profitable phase.
Origin
Emerged from preferred stock classifications in venture capital during the 1970s-80s, became standardized nomenclature
Fun Fact
Some companies have raised Series E, F, or even G rounds, suggesting either impressive growth or a concerning inability to reach profitability.
Source: Venture capital financing terminology
Related Terms
Translate This Term
See “Series A, B, C” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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