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Fundraising & Rounds
Up round
A raise at a higher valuation than the last one — the normal, healthy direction.
Why it matters
Signals progress and rewards earlier investors; the size of the step-up is a rough read on momentum.
Hear it from people who've done it
Get the real-world version of "Up round" drawn from hundreds of conversations with founders and investors.
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Episodes on Fundraising
Perspective X with Pauline Fetaui · 19 June 2026
She Lost the Company She Built — Not Herself: Yas Grigaliunas (Part 2)
Investment Thesis with Kali Norman · 12 June 2026
Taryn Pieterse of Rampersand — How a VC backs early-stage founders
Investment Thesis with Kali Norman · 29 May 2026
Episode Five: Dan Coughlan's Investment Thesis
Related terms
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