Series C round
In venture capital terminology, the term Series C Round refers to the third round of financing in the Early Stage Financing cycle. The Series C Round financing stage represents an additional expansion stage for the company.
For example, the Series C Round is the financing stage where the company has proved success in the market with a potential for a larger market. It probably has an exceptional management structure and a history of growing profitability. At this point, the venture capitalist will have already passed the break even point and is now looking for an exit strategy. Series C Round and D Round financing represent the final stages in the Early Financing cycle. As such, they are the last steps in the company’s growth cycle before the Initial Public Offering or the sale of the company to another group of investors.