Bridge Round

Определение

A bridge round is interim financing, usually on SAFEs or convertible notes, that extends runway between major rounds, often from existing investors.

Как это возникает в процессе рейза

Founders raise bridges to reach the milestones a strong next round requires, for example pushing ARR to the Series A bar.

Часто задаваемые вопросы

Is a bridge round a bad signal?

Not inherently: bridges to a specific milestone read fine. Repeated bridges without milestone progress read as a company that cannot raise its next round.

Who invests in bridge rounds?

Most often existing investors protecting their position, sometimes joined by new angels at a modest cap step-up.

Примени этот термин

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