Early stage funding given to a startup that will be utilized to conduct market surveys, create the viable product and initial establishment of the company. Investments are usually around $500k - $2 Million and investors include Angels and early stage VCs.
The groups have been classified and defined as following based on the funding requirements:
Funds the product development process and optimizing the customer acquisition process. Companies begin a steady source of income. Typical funding round sees an investment of $3- $15 Million.
Investments typically are in the range of $15-$60 Million. Normally funding would be utilized for expansion in terms of expansive hires, expansion into different market segments or experimentation with different revenue streams.
Funding to the tune of hundreds of millions of dollars. It is all utilized for growth and pre- IPO dress up of the company or for acquisitions. VCs and PEs are the usual investors at this stage.