Get Started

With SalesHive

For other inquires, please email carly@saleshive.com
We've Set 91,543 B2B Sales Meetings.
close (x)

What is a Series B?

A Series B is a round of financing for a startup that typically comes after the Series A round. This funding is used to expand the business, bring on additional team members, and invest in marketing and list building efforts. The valuation of the company at this stage is usually higher than it was during the Series A, as the business has likely gained traction and achieved certain milestones. Investors involved in a Series B may include venture capital firms and private equity firms.

List Building
What are the benefits of raising a Series B?

There are plenty of benefits to taking your company public, but if you're not quite ready for that level of scrutiny, a Series B round of funding can be a great option. It can give you the infusion of cash you need to continue growing without all the associated hassles. Here are some of the key benefits:

1. You can continue to control the company.

2. It's a great way to raise larger sums of money.

3. Series B funding can help you build momentum and attract top talent.

4. It can give you a chance to prove yourself before going public.

5. You can use the money to fuel growth and expand into new markets.

6. It can help you build a war chest to prepare for a future IPO.

7. Series B funding can give you the financial flexibility to weather downturns.

8. It can help you position yourself for a successful exit strategy.

9. You can use the money to pay off debt and improve your balance sheet.

10. It can help you create a more solid foundation for future growth.

What are the different types of Series B rounds?

There are four different types of Series B rounds: equity, convertible debt, bridge financing, and mezzanine financing.

Equity: In an equity round, investors purchase shares of the company for cash. This is the most common type of Series B round.

Convertible Debt: In a convertible debt round, investors loan the company money that can be converted into equity at a later date. This type of funding is often used when a company is not yet ready to issue equity.

Bridge Financing: A bridge loan is a short-term loan that is used to “bridge” the gap between two rounds of funding. Bridge loans are typically used when a company is raising venture capital.

Mezzanine Financing: Mezzanine financing is a type of debt that is subordinated to other debts. This means that in the event of a bankruptcy, mezzanine lenders would be paid after senior lenders. Mezzanine financing is often used by companies that are not yet ready for an IPO.

SalesHive's Mission Is To Make Scaling B2B Lead Generation Easy & Affordable

Founded in 2016, SalesHive has grown from a team of two to now employing hundreds of US-Based sales development reps, while simultaneously building one of the most innovative approaches to modern sales development, all without raising any funding. By combining our highly experienced team and groundbreaking proprietary technology, we’ve booked tens of thousands of meetings for over 200 B2B clients across every major industry.

We built SalesHive on the premise that modern sales development was flawed, and the companies building outsourced programs were only contributing to that. Our unique approach empowers clients to build industry leading Sales Development programs that deliver real results with the assurance of total transparency, flexible month-to-month contracts, and flat-rate pricing.

Explore More  Terms

 Blog Posts

Loading...

Scaling Lead Generation For 250+ B2B Companies

We are the fastest growing lead generation services company, now that's saying something.
Trusted By
Companies Like You...
B2B Lead Generation

We’ve Set 85,000+ B2B Sales Meetings.

Speak With Our Team To Learn How!

sales development outsourcing and lead generation
Real-Time Alerts

New Meeting Booked

Prospect Company
 
Prospect Title
 
Meeting Source
 

AI Email Customization

Use our eMod customization engine to make emails more engaging and highly customized. Use public information about the prospect and company to send hyper-customized emails.
magic-wandenvelopepicturephonewheelchairlinkchevron-down