Launch Phase
~Series A (second round) financing~
This information is provided for general informational purposes only and should not be relied upon as legal interpretations by the Office, shall not supersede any part of the Florida Statutes or Florida Administrative Code, and does not constitute legal or financial advice. The Office does not endorse any third-party or guarantee the accuracy of any third-party information linked to or referenced herein.
The launch phase is the stage where businesses launch and begin operations. Businesses in this phase will have formed a team, conducted initial market research, and developed a minimum viable product to begin operations. An initial customer base will serve to validate the company’s business model, target market, and costs.
Financing in the launch phase is typically called Series A financing. Series A funds are often used for operational and development costs.
Here are some other considerations when deciding on financing in the idea phase:
- Businesses in their early stages have the highest financial risk to lenders and investors.
- Pre-revenue companies may not qualify for loans or investment funds.
- Institutional lenders and investors typically want to see financial statements that show revenue flow and the potential for future profit.
- Some professional investors may want to invest in newly operational companies; however, being able to demonstrate revenue generation will be helpful.
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