Bridge Round
Content
Definition
Bridge Round is interim financing intended to carry a startup from one major funding round to the next, often used to cover short-term financial needs.
Usage and Context
Startups use bridge rounds when they need money to keep going but are not ready for a big funding event. This keeps the company moving forward.
Frequently asked questions
- What is a bridge round of financing? A bridge round of financing is temporary funding. It helps startups stay afloat until they get to a major funding event.
Benefits
Bridge rounds offer quick financial support. They help startups survive and grow until they`re ready for bigger investments.
Conclusion
Bridge rounds are a lifeline for startups. They provide the necessary funds to bridge the gap between major funding rounds.
