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SaaS & Startupintermediate

Series C

Definition

A later-stage funding round for established companies that want to scale aggressively, acquire other businesses, or prepare for an exit.

Why it matters

By Series C, a business is usually expected to be a market leader, so the focus shifts to large-scale growth and future liquidity.

Example

A profitable wellness platform raises a £40m Series C to acquire a smaller competitor.

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