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Series D Funding
At Series D, the company is typically a household name, and the funding round is often less about necessity and more about taking advantage of favorable market conditions. For instance, Facebook’s Series D round in 2009 raised $200 million, earning it a near $10 billion valuation. By this stage, Facebook didn’t need additional funds but raised them to strengthen its market position.
How much money can the Series D funding round raise?
According to Arc, Series D funding rounds average around $50 million, though some can exceed $300 million, especially for companies preparing for an IPO or major expansion.