Series B Financing
Categories: Investing
See: A Round Financing. See: Angel Investing.
In most early stage companies, there's an angel round that gets two kids out of their parents' garage and into an office, where they finish their product and get version 1.0 out the door. Then, after a million or three of revenues, they'll do an A Round.
Very early. Very many failures. Very risky. A typical A Round might value a company at $8 million pre-money when they take in $3 million from investors and create an option pool for key employee grants. The B Round follows when the company has, say, $8 million in revenues and might be worth, pre-money, some $30 million, as they then raise $10 million and start to "scale."
Vastly different from a Bee Round, which involves a Waggle Dance.