Series B

Series B is a funding round in a startup's development, typically occurring after initial seed and Series A investments. It involves raising capital from investors to expand the company's operations, develop products, or enter new markets. At this stage, the business is more established, with proven traction, and seeks larger investments to accelerate growth. Investment in Series B usually comes from venture capital firms and is based on the company's valuation, which reflects its potential and progress. Essentially, Series B helps a startup scale up its success and prepare for further expansion or eventual exit strategies like an acquisition or IPO.