What is a P round?

Answer 1

A P round, or Pre-Series A round, is a type of funding round that occurs after seed funding but before a startup raises its Series A round. It typically involves raising smaller amounts of capital from angel investors or early-stage venture capital firms to help the company achieve specific milestones, such as product development or market validation. This round helps startups bridge the gap between initial funding and more significant investment, allowing them to build traction and demonstrate potential for growth.