Bridge Round
Bridge Round is interim financing intended to carry a startup from one major funding round to the next, often used to cover short-term financial needs.
Benefits
Bridge rounds offer quick financial support. They help startups survive and grow until they`re ready for bigger investments.
Frequently Asked Questions
What is a bridge round of financing?
A bridge round of financing is temporary funding. It helps startups stay afloat until they get to a major funding event.
Key Takeaway
Bridge rounds are a lifeline for startups. They provide the necessary funds to bridge the gap between major funding rounds.