A Series B funds a company that has proven its model and now needs to scale it: expanding into new markets, growing the team, and building out operations. Investors look for strong, efficient growth and clear unit economics.
Where in the journey
Proven model, scaling aggressively.
What the money is for
Expand market share, geographies, and the organization.
Common investors
Larger VC funds, often the Series A lead plus new investors.
Watch out for
Growth must stay efficient; valuations rise, so expectations rise with them.