Founders are always looking for ways to increase the value of their businesses, and raising a Series A, B, or C is an excellent way to do that. In this article, Drone Series 142MSawersVentureBeat talk about some of the key reasons why startups are looking to raise a Series A, B, or C, as well as a few ideas for how to raise the money they need.
Raising $50M in Series E
Among the startups that are raising money is DroneDeploy, a software company that develops and powers drones. The company’s platform offers Drone Series 142MSawersVentureBeat control software solutions and also real-time mapping. The platform is used by companies in a variety of industries, including mining and agriculture. The company recently raised $50 million in Series E funding.
Launch New Projects
DroneDeploy plans to use the funds to expand its business in Europe. The company will also explore potential M&A activity. The company plans to leverage the money to grow in new markets, increase its headcount, and launch new projects.
In addition to its new funding, Drone Series 142MSawersVentureBeat has announced that it is expanding into the agricultural industry. The company’s new Vertical Flight product suite allows enterprises to view potential drone flight paths in advance of takeoff. This will help them capture areas that top-down photography might not be able to.
Raise a Series A
Among the many companies in Silicon Valley toting themselves to the top of the sandboxes, a single company stood out in a crowd. The company, dubbed DroneBase, provides unmanned aerial vehicles to the masses, or at least the ones that can afford to pay top dollar. A slew of venture capital firms and angels with a sweet spot in the industry are backing the company, including Upfront Ventures, Euclidean Capital, and the newly formed Energy Transition Ventures. The company has been busy acquiring a slew of high profile execs, most notably CEO and co-founder Jason O’Reilly, and chief product officer Joe Bruzzese.
Raise a Series B
Whether you are a startup or an established company, raising a Series B can be a very important step. It adds fuel to the fire and accelerates the revenue growth of your business. But, it’s not the only funding source available to you. There are other options that you may choose, including an IPO or a bridge round with current investors. Regardless of the path you choose, you need to be able to convince potential investors that you have a product that has a real market and a proven track record of success.
Series B Fundraise
As a rule of thumb, it is best to raise a Series B fundraise when your company is in a mature stage and ready to grow. However, if you are in a hiring process, you should also think about filling key roles before you get to the Series B stage.
Raise a Series C
Getting Drone Series 142MSawersVentureBeat C funding is a great way to get your company off the ground. Often times, it will allow the company to expand into new markets and to develop new products. This type of funding is typically focused on fast-growing companies that are looking to scale up. The round is usually led by a key anchor investor, which helps attract other investors. In addition, investors expect to receive at least a double the amount of the money they invest.
Technological Breakthrough
In order to raise a Drone Series 142MSawersVentureBeat C round, the company must have a good business plan. This is particularly important for companies that are attempting to develop a product or service that is a technological breakthrough. A good example of this is the company VHive, which provides software to help drones capture and analyze data in the field. These drones can then be used in the field by customers, such as wireless telecom operators and commercial insurance companies. The company’s product suite includes the 360 Walkthrough, which provides a rounded view of a property.
Raise a Series D
Trying to raise a Series D is more complicated than it sounds. This is due to the fact that there are a plethora of factors that go into determining the valuation of the company. It’s not uncommon for companies to raise more than one round, particularly during a fundraising campaign. This can make raising a Series D challenging but rewarding.
Final Words:
The most important part of the process is getting the right investors. A company may raise a Series D to help them grow their business or to prepare for an IPO. The latter is a smart move since a successful IPO will boost the valuation of the company and increase its value in the future.