SaaS & Startupbeginner
Series B
Definition
A funding round that follows Series A, raised once a company has proven it can grow and now needs more capital to expand into new markets or products.
Why it matters
A Series B usually means scaling what already works, so investors expect strong metrics and a clear path to bigger revenue.
Example
A subscription app with steady growth raises a £15m Series B to launch in three new countries.
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