Series C

Series C refers to a company's third major round of funding from investors, aimed at expanding growth, entering new markets, or developing new products. At this stage, the company is typically more established, with proven business models and significant revenue. Investors in Series C, such as venture capital firms or institutional investors, provide capital in exchange for equity (ownership). This funding helps the company scale operations, improve market share, or prepare for potential acquisition or an initial public offering (IPO). Overall, Series C is a critical step in a company's growth journey, facilitating substantial expansion efforts.