As we touched on in Series E of funding, it’s possible for your start up to not quite see itself as prepared for an IPO or fully immersing itself into the market and subsequently choosing to engage in more rounds of funding.
In the wake of the COVID-19 pandemic, more businesses have been entering the latter stages of funding to ensure that they survive without having to suffer heavy losses due to a lack of productivity or consumer power.
Some start-ups have found great success from these late stages of funding. Notably, Couchbase managed to generate over $105 million in a bid to enter the global markets with a better state of preparation despite COVID.
While the latter series of fundraising may feel like a level of failure for your start up, it’s important to remember that every business is different and some endeavours can comfortably enter new rounds of funding for a variety of reasons that don’t signify that failure’s inevitable.
Series F, G, H and Beyond image