What You Need for a Series a Today

A lot of founders think they’re ready for Series A, but they’re not even close because expectations nowadays are significantly more than recent years.

1. $2M ARR

If you’re building a scalable app, $2M Annualized should be your baseline goal, usually consistently growing an average of 15%/month or more for 6 months.

2. $1.5M ARR

You can get away with slightly lower numbers, like $1.5M annualized. If you have a genuine and measurable tech advantage over the competition.

3. Outliers

There are always outliers in these situations, so if you have someone or something that is truly world beating, you can still raise whatever you want. Starcloud put the first Data Center in space, needless to say their Series A had high demand.

Best of luck out there.

Find Us on Substack
Ash Rust

Ash Rust

Managing Partner, Sterling Road
Newsletter

Sign-up for news and updates

We’ll send you the occasional email with our latest blogs, vidoes, and news.