Founders of Series A startups have achieved this equity-based funding milestone because of progress in developing their business model while showing potential to rapidly accelerate revenue growth through data-backed financial projections.
Series A funding usually follows seed financing and expands the pool of available capital from low seven-figures to low- to mid-eight figures. (Seed capital comes in the form of relatively small investments from founders, friends, family, and angel investors -- sometimes even through crowdfunding.)
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With pressure to rapidly grow Series A startups at a rate that provides triple-digit returns to venture capital partners, founders of Series A companies face pressure to produce impressive revenue growth gains each quarter.
Tracking towards such aggressive growth goals requires a differentiated product that consistently delivers value, solid go-to-market strategy, and nearly flawless execution.
But the startups in a VC’s portfolio also generally get some degree of advisory support from the VC’s internal and external experts.
From a tactical perspective, venture capital firms often have formal and informal programs for their portfolio companies -- including those at the Series A stage -- that help with defining buyer personas, jobs to be done, sales process, demand generation, content strategy, key performance indicators (KPIs), and customer success.
However, creating an effective go-to-market strategy can be extraordinarily time-consuming and expensive.
And that’s the reason why we created Go-to-Market Strategy Blueprints so that you can get instant access to affordable Go-to-Market Strategy Blueprints for specific industries and business models.
