Series A is the term used to describe the first round of funding for a venture firm and third stage for startup. In this stage startup are expected to have a business model that will generate long term profits.
Typically, Series A rounds raise between $2 million and $15 million, but this number keeps on varying in different circumstances. Investors invest only when they think the idea is good and in case of and in case of venture capital fund it is the first round where an established startup company scores funding from one or more venture capital firm to set up mass production and increase revenue in return for startup equity. For raising series A fund things that are to be kept in mind are;
-Be series A ready
-Start Early
-Leverage your Network
-Practice your Pitch
-Know the standard market practice
-Engage a professional
-Raise 10%-15% more than budgeted for