Series A
The first major institutional VC round, focused on scaling a proven business model.
A Series A typically raises £2m–£10m+ in the UK once a startup has product-market fit and repeatable revenue. Led by a VC, it funds scaling go-to-market, hiring and expansion. Investors expect strong metrics (growth, retention, unit economics) and a clear path to a large outcome.
Examples
A SaaS company raises a £5m Series A on £1m ARR growing 3x year on year. — A marketplace raises Series A to expand into new cities.
How it relates to The Startup Foundry
The Foundry gets you investment-ready at pre-seed so that the foundations — metrics, narrative, team — are strong by the time you approach Series A investors.