Common terms you may also hear our series A, series B, and series C.
Series A is the first round of stock offered to investors during the early days of business.
Series B is the second stage of financing. It happens after a startup has met certain goals and shown that it is viable. Sometimes, it is known as a venture round.
Series C is an additional round of funding. Basically, any future rounds of funding generally go alphabetically down the line.
You could look for an accredited angel investor. The SEC defines an accredited angel investor as someone with a net worth of at least $1 million and with an annual income of at least $200,000 if they are single and $300,000 if they are married. Angel investors use their own money. That’s really important to remember when you’re pitching to them.