Discover the funding phases that every startup needs to know, without feeling overwhelmed.
Unveiling the 7 Stages of Funding:
Pre-seed
Seed
Series A
Series B
Series C
Series D & E
Initial Public Offering (IPO)
Don't worry about tackling the later phases just yet. Focus on what's important right now.
Let's Begin with Pre-seed Funding 💰
What is it?
Turn your idea into reality with your first funding opportunity.
Where does it come from?
Family, friends, and internal sources invest in your business.
How much can I raise?
Pre-seed investments typically range up to £150k.
Look for these signs of a Pre-seed business:
You're perfecting your blueprint but haven't created a tangible product yet.
You've identified a market gap and have a plan to fill it.
You're considering adding a small team to help with production.
Technological expenses are piling up as you experiment with services.
Seed Funding 💰
What is it?
External funds are introduced to grow your existing operation.
Where does it come from?
Angel investors and high net-worth individuals are the typical sources but also look out for early-stage VC and EIS funds.
How much can I raise?
Seed investments can provide anything from £150k to £2m.
To stand out during Seed funding:
Demonstrate at least some revenue and financial metrics.
Showcase a cohesive and passionate team to gain investor confidence.
Series A Funding 💰
What is it?
Take your startup to the next level: optimise your product, expand your user base, and potentially scale into new markets.
Where does it come from?
VC firms with diverse investment portfolios.
How much can I raise?
Series A funding can go up to £15m.
To succeed in Series A:
Create a comprehensive business plan for the future 12-18 months.
Craft an impressive pitch deck highlighting your product's importance.
For SaaS companies, reach at least £1 million in annual recurring revenue (ARR) to be ready for Series A.
Find the perfect VC firm that aligns with your business model and sector.
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