Series B Funding
What is Series B Funding?
Series B funding is a venture capital financing round that occurs after Series A, aimed at scaling the business further. At this stage, startups have usually established a product-market fit and seek funding to expand their market reach, scale operations, or develop new products. Series B rounds typically involve larger investments than Series A, as companies seek to gain a significant market share.
Uses of Series B Funding
- Market Expansion: Entering new geographic markets or industry verticals.
- Product Diversification: Developing new products or services to broaden the company’s offerings.
- Infrastructure Upgrades: Improving internal systems, technology, or operational processes to support growth.
Related Terms and Concepts
Series A funding, venture capital, scaling, Series C funding