Funding and ownership
Series A
Usually the first round led by a venture capital firm, raised once there's evidence of product-market fit: revenue that's growing in a repeatable way, and a believable plan to scale it. The lead investor normally takes a seat on the board.
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You'll hear it as
To raise a Series A we need about a million in ARR, growing fast.
Why it matters to you.
The goal changes from "find it" to "scale it". Hiring speeds up, managers and processes arrive, and the board starts watching the numbers every month.
Related terms.
Videos.
Mentioned in 1 video, plus more on Business & startups.