Securing Series A investment is a big moment for startups. This funding round is typically the start of huge expansion and growth, and can sometimes help inject millions of dollars into the company.
But how do you go about raising Series A investment? And what does it mean?
Here, we break it down for you.
Understanding Series A Funding
Series A funding is typically launched by startups that have developed their product and user base, but need an injection of capital to expand. Unlike seed funding, which usually comes from the founders, people they know or angel investors, Series A rounds usually involve Venture Capital firms.
In general, Series A investments look to generate around £10-15 million of capital, though this can vary slightly by industry.
However, despite some fluctuation in the amount of capital needed, it’s widely known that a successful Series A investment could be the start of huge growth for a business.
Successful Series A Investments
The UK’s tech sector attracted £12 billion in venture capital in 2023 alone, showing how interested…