đ Last Updated: February 20, 2026 | New startups added weekly
Looking for recently funded Series B startups? This startup database tracks 7,100+ verified Series B companies with decision-maker contacts, funding amounts, and investor detailsâupdated weekly. Companies at this funding stage represent some of the highest-intent B2B prospects available: they’ve proven product-market fit, raised $20Mâ$60M+, and are actively building out their teams and tech stack.
Our Series B lead database includes verified founder emails, C-suite contacts, funding round details, and company intelligenceâeverything your sales team needs to reach the right people at the right companies, the moment they have budget to spend.
Below, you’ll find 100 recently funded companies with actionable data you can use today.
đ Jump to the List of 100 Funded Series B Startups
Quick Stats: Series B Funding in 2026
- đ Major hubs: United States, United Kingdom, India, China, Germany, Australia
- đ° Total Series B funding in 2025: $54.2 billion across 7,100+ deals
- đ˘ Series B startups tracked: 7,162 companies in our database
- đ Verified contacts: 10,688 decision-maker email addresses
- đŻ Top sectors: AI/B2B Software, Biotech/Healthcare, FinTech, Climate Tech
Table of Contents
What is Series B Funding?
Series B is typically the third major funding round for startups, following Pre-Seed, Seed, and Series A stages. At this point, companies have validated product-market fit and are focused on scaling operations, expanding geographically, and building the infrastructure needed for sustainable growth. For detailed comparisons of funding amounts, investor expectations, and timelines across all stages, see our comprehensive guide to startup funding stages.
According to Carta benchmarks, median pre-money Series B valuations sit around $102.8M for primary rounds and $80.8M for bridge rounds. Series B rounds typically range from $20 million to $60 million, though amounts vary significantly based on industry, geography, and company momentum.
Key Differences: Series A vs Series B
| Aspect | Series A | Series B |
|---|---|---|
| Primary Goal | Prove product-market fit | Scale operations & capture market share |
| Typical Raise | $2M – $15M | $15M – $60M+ |
| Revenue Requirement | $1M – $2M ARR | $5M – $10M ARR |
| Investor Focus | Potential & vision | Proven metrics & efficiency |
| Team Size | Small, scrappy team | Specialized roles, middle management |
What Investors Look for at Series B
Investors at this stage evaluate companies differently than those writing earlier checks. Key factors include:
Financial Performance: Companies typically need $5-10 million in annual recurring revenue with consistent monthly growth of 15-20%. Investors closely examine burn multiples and expect a clear path to profitability within 12 months.
Unit Economics: Positive contribution margins, improving customer acquisition costs relative to lifetime value, and strong metrics around average revenue per user (ARPU) and customer satisfaction scores.
Scalable Operations: Proven customer acquisition channels with repeatable processes, professional organizational structure, and infrastructure that can support rapid expansion without breaking.
Market Position: Clear competitive advantages, documented product-market fit across customer segments, and realistic plans for geographic or vertical expansion.
For more comprehensive information on Series B valuations and investor expectations, review authoritative industry resources.
The Series B Fundraising Process
Raising at this level is a significantly more rigorous process than earlier funding stages. Investors at this level are institutional VC firmsâoften the same ones that led the previous round, plus new growth-stage investors who come in at later rounds. The process typically unfolds in three phases.
Preparation (3â6 months before fundraising): Founders should begin preparing well before they need the capital. This means building relationships with target investors, sharing quarterly updates, and ensuring your metrics are clean and well-documented. Investors will conduct thorough due diligence on your revenue cohorts, churn rates, and unit economicsâdisorganized data can kill a deal at this stage even if the business fundamentals are strong.
Outreach and pitching (1â3 months): Unlike seed rounds, which often happen through warm introductions in tight-knit angel networks, Series B rounds involve formal processes with structured data rooms, detailed financial models, and multiple partner meetings before a term sheet is issued. Founders typically run a competitive process with several firms simultaneously to create leverage and improve terms.
Diligence and closing (1â3 months): Once a lead investor is identified and a term sheet signed, legal and financial due diligence begins in earnest. Reference checks on the founding team, customer interviews, and technical audits of the product are all common at this stage. Most raises take 3â6 months in total from first meeting to wire transfer.
Series B Valuation and Dilution
Valuation at this stage is driven primarily by revenue multiples rather than the potential-based valuations common at earlier stages. In 2024 and 2025, B2B SaaS companies at this funding level have typically been valued at 8â15x ARR, though this varies significantly by growth rate, net revenue retention, and market size. Companies growing at 100%+ year-over-year command premium multiples; those growing at 50% or below face more compressed valuations.
Founders typically give up 15â25% equity at this stage. Combined with dilution from seed, Series A, and option pool expansions, many founding teams hold 30â50% of the company by closing. Understanding the dilution math is critical before entering the processâmany founders use a capitalization table model to project ownership stakes before and after the round.
Why Series B Companies Are Prime B2B Sales Targets
From a B2B sales perspective, the moment a company closes a major funding round is one of the highest-intent buying signals available. Here’s why companies at this stage convert at dramatically higher rates than cold outreach to arbitrary prospects:
They have budget: A $20â60M raise means finance teams have approved vendor budgets that didn’t exist six months ago. Decisions that were previously “we’ll revisit next quarter” become immediate priorities.
They’re building out teams: Series B companies are hiring aggressivelyâoften doubling or tripling headcount within 12 months of closing. HR software, recruiting platforms, payroll tools, and onboarding solutions all see strong demand immediately post-raise.
They’re expanding their tech stack: Scale introduces complexity. CRMs, data warehouses, security tools, engineering platforms, and analytics solutions are all commonly purchased in the 6â12 months following a raise. Sales teams targeting recently funded companies reach buyers exactly when they’re evaluating new vendors.
Decision-making is faster: Unlike enterprises with lengthy procurement cycles, companies at this stage still move quickly. A champion who wants your product can often get approval within days rather than quarters.
The timing advantage is significant: research consistently shows that outreach within 30 days of a funding announcement produces response rates 3â5x higher than equivalent outreach to companies that haven’t recently raised. Selling to funded startups is one of the most efficient B2B sales motions availableâif you can identify the right companies quickly enough.
What to Say When You Reach Out
Timing your outreach to a funding announcement is only half the equation. The message itself needs to reflect where the company is in its growth journeyâotherwise a well-timed email reads like a generic blast.
Founders and executives at newly funded companies are fielding a lot of outreach. What cuts through is specificity: reference the round, acknowledge what they’re likely building toward, and connect your product directly to a challenge that’s common at this growth stage. Headcount scaling, infrastructure costs, compliance requirements, and sales tooling are all pain points that become urgent after a significant raise.
A few principles that improve reply rates at this stage:
- Lead with the trigger: Mention the funding round in your openerâit signals you’ve done your research and creates immediate relevance.
- Focus on one pain point: Newly funded teams are stretched thin. A single, specific value proposition outperforms a feature list every time.
- Keep it short: Three to four sentences maximum. Executives making rapid hiring and vendor decisions don’t have time for lengthy pitchesâthey need to understand the value in 30 seconds.
- Follow up once: A single follow-up five to seven days later doubles reply rates without burning the relationship.
For more on building effective outreach sequences for funded companies, see our guide to selling to funded startups and our B2B lead generation tools comparison.
Recently Funded Series B Startups
| Name | Website | Industry | Country | Funding Amount (USD) | Funding Type | Last Funding Date |
|---|---|---|---|---|---|---|
| PaleBlueDot AI | palebluedot.ai | Cloud Computing, Artificial Intelligence, B2B Software, Marketplace | United States | $150,000,000 | Series B | February 2026 |
| Applied EV | appliedev.com | EV, Automotive, Artificial Intelligence, B2B Software, Cloud Computing, Hardware, Logistics, Robotics, Transportation | Australia | $40,000,000 | Series B | February 2026 |
| Nomagic | nomagic.ai | Robotics, B2B Software, Hardware, Logistics | Poland | $10,000,000 | Series B | February 2026 |
| CraniUS | craniustherapeutics.com | Healthcare, Hardware, Manufacturing | United States | $20,000,000 | Series B | February 2026 |
| 4baseCare | 4basecare.com | Healthcare, Artificial Intelligence, B2B Software, Biotechnology, Data | India | $9,803,025 | Series B | February 2026 |
| AutoGrab | autograb.com.au | Automotive, Analytics, B2B Software, Data, Finance, Insurance | Australia | $55,287,603 | Series B | February 2026 |
| Enechain | enechain.co.jp | Energy, Finance, Analytics, B2B Software, Data, FinTech, Marketplace | Japan | $32,626,585 | Series B | February 2026 |
| Indigo | getindigo.com | Insurance, Healthcare | United States | $50,000,000 | Series B | February 2026 |
| Compa | compa.ai | Human Resources, Analytics, Artificial Intelligence, B2B Software, Data | United States | $35,000,000 | Series B | February 2026 |
| Tandem | withtandem.com | Healthcare, Artificial Intelligence, B2B Software | United States | Series B | February 2026 | |
| Zhongzhida Technology | cybstar.com | Artificial Intelligence, B2B Software, Data, Manufacturing | China | Series B | February 2026 | |
| DataIndex.com | 360shuyin.com | B2B Software, Analytics, Data, Logistics, Marketplace | China | Series B | February 2026 | |
| Cipher Gateway | ciphergateway.com | Cyber Security, B2B Software, Data | China | Series B | February 2026 | |
| Talos | talos.com | Blockchain, Finance, B2B Software, FinTech, Investing | United States | $45,000,000 | Series B | February 2026 |
| Sixfold AI | sixfold.ai | Insurance, Artificial Intelligence, B2B Software | United States | $30,000,000 | Series B | February 2026 |
| StepFun | stepfun.com | Artificial Intelligence, B2B Software, Data | China | $718,050,350 | Series B | February 2026 |
| Visitt.io | visitt.io | Property Management, B2B Software, Real Estate | United States | $22,000,000 | Series B | February 2026 |
| Upwind Security | upwind.io | Cyber Security, B2B Software, Cloud Computing | United States | $250,000,000 | Series B | February 2026 |
| Primmune Therapeutics | primmunerx.com | Biotechnology, Pharmaceuticals | United States | $8,600,000 | Series B | February 2026 |
| Orbital Witness | orbital.tech | Legal, B2B Software, Real Estate | United Kingdom | $60,000,000 | Series B | February 2026 |
| Runxin Micro Technology | rivotek.com | Automotive, B2B Software, Electronics, Hardware | China | $57,574,667 | Series B | February 2026 |
| SpotDraft | spotdraft.com | B2B Software, Legal | India | $8,000,000 | Series B | February 2026 |
| Outtake | outtake.ai | Cyber Security, Artificial Intelligence, B2B Software | United States | $40,000,000 | Series B | February 2026 |
| Northwood Space | northwoodspace.io | Aerospace, B2B Software, Data, Hardware, Telecommunications | United States | $100,000,000 | Series B | February 2026 |
| tem. | tem.energy | Energy, B2B Software, Environment, Marketplace | United Kingdom | $55,200,000 | Series B | February 2026 |
| Origin | theoriginway.com | Healthcare, Family | United States | Series B | February 2026 | |
| Shandong Future Robot | vvlai.com | Robotics, Artificial Intelligence, Hardware, Manufacturing, Marine, Mechanical Engineering | China | $14,361,007 | Series B | February 2026 |
| Summize | summize.com | Legal, Artificial Intelligence, B2B Software | United Kingdom | $54,696,741 | Series B | February 2026 |
| Unionlab | union-laboratory.com | Pharmaceuticals, Healthcare, Professional Services | China | Series B | February 2026 | |
| Neowise | neowisebio.com | Biotechnology, Pharmaceuticals | China | $28,722,014 | Series B | February 2026 |
| Zocks | zocks.io | FinTech, Finance, Artificial Intelligence, B2B Software | United States | $45,000,000 | Series B | February 2026 |
| Origin | theoriginway.com | Healthcare, Family | United States | Series B | February 2026 | |
| Willog Co., Ltd. | willog.io | Logistics, Analytics, B2B Software, Data, Hardware | South Korea | Series B | February 2026 | |
| Xinge Video | visionvideo.com.cn | Data, Analytics, B2B Software | China | Series B | February 2026 | |
| Varaha | varaha.earth | Agriculture, Environment | India | $20,000,000 | Series B | February 2026 |
| Cloud Technology | yunqi.tech | Cloud Computing, B2B Software, Data | China | Series B | February 2026 | |
| Veremark | veremark.com | Recruiting, B2B Software, Human Resources | United Kingdom | $26,011,470 | Series B | February 2026 |
| Rick Brown Medical Technology | brownmaterial.com | Healthcare, Manufacturing, Materials | China | Series B | February 2026 | |
| Tapi | tapi.la | FinTech, Finance, B2B Software | Argentina | $27,000,000 | Series B | February 2026 |
| Positron | positron.ai | Artificial Intelligence, B2B Software, Data, Hardware | United States | $230,000,000 | Series B | February 2026 |
| Stratus Medical | stratusmedical.com | Healthcare, Hardware | United States | $10,000,000 | Series B | February 2026 |
| Pay with Spire | paywithspire.com | FinTech, Finance, B2B Software, Cyber Security, E-commerce, Mobile | United States | $10,000,000 | Series B | February 2026 |
| Forerunner | withforerunner.com | Government, Artificial Intelligence, Analytics, B2B Software, Data, Environment | United States | $26,300,000 | Series B | February 2026 |
| Alaffia Health | alaffiahealth.com | Healthcare, Artificial Intelligence, B2B Software, Insurance | United States | $55,000,000 | Series B | February 2026 |
| ChiVox Co., Ltd. | chivox.com | Artificial Intelligence, Audio, B2B Software | China | Series B | February 2026 | |
| Osmo | osmo.ai | Artificial Intelligence, Healthcare, Hardware | United States | $70,000,000 | Series B | February 2026 |
| Linghou Robotics | linkhou.com | Robotics, Artificial Intelligence, B2B Software, Electronics, Hardware, Manufacturing, Mechanical Engineering | China | $14,401,751 | Series B | February 2026 |
| Zhongzhiwei Technology | openxorg.com | Cyber Security, Artificial Intelligence, B2B Software | China | Series B | February 2026 | |
| Zhuji Dynamics | limxdynamics.com | Robotics, Artificial Intelligence, Hardware, Manufacturing, Mechanical Engineering | China | $200,000,000 | Series B | February 2026 |
| Hypernano | hypernano.cn | Hardware, Artificial Intelligence, Electronics, Manufacturing, Nanotechnology | China | Series B | February 2026 | |
| GenLogs | genlogs.io | Logistics, Analytics, Artificial Intelligence, Data, Hardware | United States | $60,000,000 | Series B | February 2026 |
| RobotMeta | robotmeta.com | Robotics, Artificial Intelligence, Computer Engineering, Electronics, Hardware | China | $14,385,384 | Series B | February 2026 |
| Overland AI | overland.ai | Robotics, Artificial Intelligence, Automotive, Government, Hardware | United States | $80,000,000 | Series B | February 2026 |
| Jago Coffee | jagocoffee.com | Food and Beverage, Automotive, EV, Hospitality, Retail | Indonesia | $12,000,000 | Series B | February 2026 |
| Lawhive | lawhive.co.uk | Legal, Marketplace, Professional Services | United Kingdom | $60,000,000 | Series B | February 2026 |
| Jiaan Smart | kaanh.cn | Robotics, Hardware, Manufacturing, Mechanical Engineering | China | Series B | February 2026 | |
| Goodfire | goodfire.ai | Artificial Intelligence | United States | $150,000,000 | Series B | February 2026 |
| Lande Energy | landeenergy.com | Energy, Environment, Manufacturing | China | Series B | February 2026 | |
| MeetsMore | meetsmore.com | B2B Software, Marketing, Sales | Japan | Series B | February 2026 | |
| Bedrock Robotics | bedrockrobotics.com | Construction, Artificial Intelligence, B2B Software, Hardware, Robotics | United States | $270,000,000 | Series B | February 2026 |
| ecovia I bio | ecovia-bio.com | Materials, Biotechnology, Chemicals, Environment, Manufacturing | United States | Series B | February 2026 | |
| Artificial Labs | artificial.io | Insurance, Analytics, B2B Software, Data | United Kingdom | $45,177,816 | Series B | February 2026 |
| Galaxea AI | galaxea.ai | Robotics, Artificial Intelligence, Computer Engineering, Electronics, Hardware, Mechanical Engineering, Manufacturing | China | $144,657,090 | Series B | February 2026 |
| Transcend Vivoscope | en.tv-scope.com | Biotechnology, Hardware | China | $14,469,895 | Series B | February 2026 |
| Gather AI | gather.ai | Logistics, Analytics, Artificial Intelligence, B2B Software, Data | United States | $40,000,000 | Series B | February 2026 |
| GO DESi | godesi.in | Food and Beverage, Consumer Goods, E-commerce, Manufacturing, Retail | India | Series B | February 2026 | |
| BWSENSING | bwsensing.com | Electronics, Energy, Hardware, Manufacturing | China | Series B | February 2026 | |
| ManageMy | managemy.com | Insurance, B2B Software, Sales | United Kingdom | $20,000,000 | Series B | February 2026 |
| Andercore | andercore.com | Marketplace, Artificial Intelligence, B2B Software, Logistics | Germany | $40,000,000 | Series B | February 2026 |
| TRUCE Software | trucesoftware.com | B2B Software, Automotive, Mobile, Transportation | United States | Series B | February 2026 | |
| Outopia | outopia.com | Sports, Consumer Goods, Fashion, Retail | China | Series B | February 2026 | |
| Opaque Systems | opaque.co | Data, Analytics, Artificial Intelligence, B2B Software, Cloud Computing, Cyber Security | United States | $24,000,000 | Series B | February 2026 |
| QuantX Biosciences | quantxbio.com | Biotechnology, Pharmaceuticals | United States | $85,000,000 | Series B | February 2026 |
| Pandorum Technologies | pandorum.com | Biotechnology, Healthcare, Pharmaceuticals | India | $18,000,000 | Series B | February 2026 |
| Naboo | naboo.app | B2B Software, Hospitality, Marketplace | France | $70,000,000 | Series B | February 2026 |
| Baroy New Materials | baroy.com.cn | 3D, Chemicals, Electronics, Materials | China | $9,402,711 | Series B | February 2026 |
| Bretton AI | greenlite.ai | FinTech, Finance, Artificial Intelligence, Analytics, B2B Software, Data | United States | $75,000,000 | Series B | February 2026 |
| Galux | galux.co.kr | Biotechnology, Artificial Intelligence, Pharmaceuticals | South Korea | $29,000,000 | Series B | February 2026 |
| AmPro Innovations | amproinnovations.com | 3D, Hardware, Manufacturing | Australia | Series B | February 2026 | |
| Kainova Therapeutics | domaintherapeutics.com | Biotechnology, Pharmaceuticals | France | $23,459,654 | Series B | February 2026 |
| Anxia Technology | anshare.com.cn | B2B Software, Cloud Computing, Information Technology | China | Series B | February 2026 | |
| Lingxin Qiaoshou | linkerbot.cn | Robotics, Artificial Intelligence, Electronics, Hardware, Manufacturing | China | $217,347,205 | Series B | February 2026 |
| Sider Medical | sidece.com | Healthcare, Analytics, Artificial Intelligence, B2B Software, Data | China | Series B | February 2026 | |
| UPTIQ | uptiq.ai | FinTech, Finance, Artificial Intelligence, B2B Software | United States | $25,000,000 | Series B | February 2026 |
| Kaiyun | kiyun.com | B2B Software, Aerospace, Automotive, Education, Electronics, Government, Hardware, Marine, Manufacturing | China | Series B | February 2026 | |
| eCactus | weiheng-tech.com | Energy, Electronics, Hardware | Australia | $14,440,642 | Series B | February 2026 |
| Kunpeng Gene (Beijing) Scientific Instruments Co. | rocgene.com | Biotechnology, Hardware, Healthcare, Manufacturing | China | Series B | February 2026 | |
| Reco | reco.ai | Cyber Security, Artificial Intelligence, B2B Software, Cloud Computing | United States | $30,000,000 | Series B | February 2026 |
| Yuntong Data Technology | ytsd.cc | Transportation, Analytics, B2B Software, Cloud Computing, Data, Logistics | China | $5,787,958 | Series B | February 2026 |
| Traditional Chinese Medicine Online | tcmmooc.com | Education, Healthcare | China | Series B | February 2026 | |
| Dorken New Materials | ecotokan.com | Manufacturing, Materials | China | Series B | January 2026 | |
| Biobeat | bio-beat.com | Healthcare, Analytics, B2B Software, Cloud Computing, Data, Hardware, Wearables | United States | $50,000,000 | Series B | January 2026 |
| Degron Therapeutics | degrontx.com | Biotechnology, Pharmaceuticals | China | Series B | January 2026 | |
| Weifengqi | wfq2020.com | B2B Software, Information Technology | Series B | January 2026 | ||
| Infrawaves | infrawaves.net | Telecommunications, Cloud Computing, Hardware, Information Technology | China | Series B | January 2026 | |
| Rewaa | rewaatech.com | B2B Software, Artificial Intelligence, E-commerce, Retail | Saudi Arabia | $45,000,000 | Series B | January 2026 |
| Zhongqiang Pharmaceutical | jsforefrontpharma.com | Biotechnology, Pharmaceuticals | China | $14,281,634 | Series B | January 2026 |
| ZhongAn Xingyun | bjzaxy.com | Cyber Security, B2B Software, Cloud Computing, Data, Information Technology | China | Series B | January 2026 | |
| Neemans | neemans.com | Fashion, Consumer Goods, E-commerce, Manufacturing, Retail | India | $3,948,812 | Series B | January 2026 |
| Tailan New Energy | ctlne.com | Energy, Electronics, Hardware, Manufacturing, Materials | China | $57,234,432 | Series B | January 2026 |
Want To Contact These Startups?
We send recently funded startups with double-verified email addresses, CEO details, and much more directly to your inbox. Sign up and get 100 leads free.
Series B Startups at a Glance
- Number of Series B startups in our database: 7,162
- Number of verified email addresses in our database: 10,688
- Number of social profiles in our database: 19,336
- Other data points stored: 98,892
- Total Series B funding raised in 2025: $54,217,916,018
- Total Series B funding raised in 2026: $1,831,617,450
*Other funding includes private equity, debt financing, and various other types of capital.
Series B Startups by Location
Series B funding is global, but a few ecosystems consistently produce the highest volumes of fundable companies. Understanding where rounds are concentrated helps sales teams prioritize their outreach geographicallyâand time their campaigns to align with regional funding cycles.
United States
The US continues to dominate global Series B activity, accounting for approximately 40% of all rounds worldwide. San Francisco and the broader Bay Area lead in AI, developer tools, and deep tech. New York is the strongest market for fintech, media, and enterprise SaaS. Boston punches above its size in biotech and healthcare, driven by its proximity to MIT, Harvard, and a dense concentration of life sciences investors.
For sales teams targeting US-based companies, the window between announcement and first contact matters most. Many Bay Area and NYC-based Series B companies receive outreach from dozens of vendors within days of a funding announcement going publicâdifferentiation comes from personalization, timing, and relevance to their specific growth stage.
United Kingdom
The UK is Europe’s most active Series B market by deal volume, with London accounting for the vast majority of activity. UK fintech has produced some of the world’s most valuable Series B graduatesâRevolut, Monzo, and Checkout.com all passed through this stage before becoming global leaders. In 2024 and 2025, legaltech, climate tech, and AI have emerged as the fastest-growing categories for UK Series B investment.
London-based companies are particularly receptive to outreach from vendors with European operations or GDPR-compliant productsâa relevant angle for many B2B sales teams. Our UK startups database tracks funded companies across London, Manchester, Edinburgh, and Bristol, giving sales teams a complete view of the British ecosystem beyond just the capital.
India
India’s Series B market has matured significantly over the past three years, with Bangalore, Mumbai, and Delhi-NCR emerging as legitimate global startup hubs rather than purely domestic markets. B2B SaaS is the dominant categoryâIndia has produced hundreds of Series B-stage enterprise software companies selling globally, many targeting the US and European markets from an India-first development model.
Healthtech, edtech, and fintech round out the top sectors for Indian Series B investment. Browse our India startup database for verified contacts at recently funded companies across the subcontinent.
Germany and the DACH Region
Germany represents Europe’s second-largest Series B market, with Berlin and Munich as the twin hubs. Berlin leans toward consumer tech, marketplace businesses, and fintech. Munich is stronger in deeptech, mobility, and industrial softwareâreflecting its proximity to Germany’s automotive and manufacturing base. The DACH region as a whole (Germany, Austria, Switzerland) has seen strong deal flow in climate tech and enterprise software in recent years.
German B2B buyers tend to have longer sales cycles than their US counterparts, but conversion rates are high once trust is established. For sales teams, German-speaking decision makers respond well to localised outreach that acknowledges the regulatory environment (particularly around data and compliance).
Australia and New Zealand
Australia has established itself as a meaningful Series B market, particularly in fintech, agritech, and climate tech. Sydney and Melbourne account for the majority of Australian Series B activity, though Brisbane and Perth are growing as secondary hubs. Our Australia startups list tracks funded companies across all major cities, updated weekly as new rounds are announced.
Australian companies at this funding stage often have US expansion on their roadmapâmeaning they’re in active vendor evaluation mode for US-based tools and services in the 6â12 months following their raise. This makes them a strong target market for international B2B sales teams.
For sales teams targeting specific geographies, filtering a B2B lead database by country and funding stage is the fastest way to build a high-intent prospect list. Rather than prospecting broadly, geographic filtering lets you tailor messaging to regional priorities, regulatory contexts, and expansion timelinesâdramatically improving response rates.
Using Series B Startup Databases for B2B Outreach
Finding recently funded companies manuallyâthrough press releases, TechCrunch alerts, and Crunchbase searchesâis time-consuming and often incomplete. A comprehensive startup database purpose-built for B2B sales teams provides verified contacts, funding details, and decision-maker information, updated as new rounds close.
These funded companies are particularly valuable sales targets because they’ve just raised significant capital and have a mandate to deploy it. They’re actively hiring, expanding their tech stack, and signing new vendor contracts. Reaching them within weeks of a funding announcementâwhile budget is fresh and buying decisions are being madeâdramatically improves conversion rates.
When evaluating a funded startup lead database, prioritize:
- Data freshness â Weekly updates vs quarterly
- Contact verification â Direct founder/C-suite emails vs generic info@ addresses
- Funding intelligence â Round size, lead investors, exact close date
- Decision-maker access â CEO, CTO, VP Sales contacts, not just company profiles
Growth List maintains the most current B2B startup database for sales teams targeting funded companies, with 100s of new funded companies added every week across all stages.
Frequently Asked Questions About Series B Funding
What is Series B funding?
This funding stage is typically the third institutional investment round startups raise after proving product-market fit. Companies at this point have validated their business model and are focused on scaling operations, expanding market reach, and building the infrastructure needed for sustainable growth. Rounds at this stage typically range from $20 million to $60 million and come from institutional venture capital firms.
How much revenue do you need for Series B?
Most Series B investors expect companies to have between $5 million and $10 million in annual recurring revenue (ARR), though requirements vary by industry and growth rate. More important than absolute revenue is demonstrating consistent growth (typically 15â20% monthly), strong unit economics, and a clear path to profitability â including net revenue retention above 100% for SaaS companies.
What’s the difference between Series A and Series B?
Series A funding focuses on proving your business model works and achieving product-market fit, typically raising $2-15 million. The second round is about scaling that proven model, usually raising $15â60 million or more. Early-stage investors evaluate potential and vision, while later-stage investors want hard data on growth rates, operational efficiency, and unit economics. The team expectations also evolve from scrappy early-stage to mature organization with specialized leadership.
To learn more about the complete startup funding journey from pre-seed through IPO, see our guide to startup funding stages.
How long does it take to raise Series B?
The fundraising process typically takes 3â6 months from initial meetings to closing. Founders should prepare 9â12 months ahead by fixing inefficiencies, hiring experienced executives, and documenting repeatable processes. Most successful raises involve building relationships with potential investors 6-9 months before you need the capital, sharing quarterly updates so investors can track your progress.
What do Series B investors look for?
Investors at this level focus on proven business fundamentals including strong revenue growth, positive unit economics, customer retention metrics, and efficient capital deployment from previous rounds. They want to see that your growth isn’t dependent solely on the founding team’s hustle but is driven by repeatable, scalable processes. Key metrics include burn multiple, customer acquisition cost versus lifetime value, gross margin expansion, and evidence of a path to profitability.
When should a startup raise Series B?
Startups should consider raising at this stage when they’ve achieved significant revenue milestones ($5â10M ARR), proven they can efficiently acquire and retain customers, built a scalable go-to-market motion, and need capital to accelerate expansion into new markets or verticals. Most investors recommend raising 18 months of runway, giving you 12 months to hit growth metrics and 6 months to raise another round if needed.
What industries are attracting Series B investment in 2025?
The current Series B landscape shows strong investment in artificial intelligence and B2B software, biotechnology and healthcare innovation, fintech and financial services, and climate tech and renewable energy solutions. AI-powered enterprise tools are particularly hot, with companies like LangChain ($125M) and Modal Labs ($87M) raising substantial rounds. Healthcare and biotech continue attracting major capital, reflecting investor confidence in life sciences innovation.
What happens after Series B funding?
After closing a Series B round, startups typically focus on aggressive market expansion, building out leadership teams with experienced executives, investing heavily in sales and marketing to capture market share, and developing additional products or features to increase customer value. Successful execution of the Series B plan positions companies for Series C funding (typically 18-24 months later), which focuses on scaling internationally, achieving market leadership, or building toward profitability and potential IPO.
What is the best database for finding Series B startup leads?
The best startup database for B2B sales teams for B2B sales teams provides verified decision-maker contacts, weekly funding updates, and filtering by geography, industry, and funding stage. Growth List specializes in recently funded companies with double-verified founder and C-suite emails alongside detailed funding intelligence. Broader platforms like Crunchbase cover more companies but provide less contact detail, while PitchBook is enterprise-focused with significantly higher pricing.
Where can I find verified contacts at Series B companies?
Verified contacts at Series B companies are available through specialized B2B lead databases like Growth List, which maintains direct email addresses and LinkedIn profiles for founders and executives at funded startups. LinkedIn Sales Navigator offers contact discovery but requires manual verification. Crunchbase provides company profiles but limited contact export capabilities.
How do I build a Series B startup lead list?
Building a Series B lead list requires tracking funding announcements, verifying company details, and sourcing decision-maker contactsâmanually, this takes 15â20 hours per 100 leads. Purpose-built startup databases like Growth List deliver pre-verified weekly lists, reducing list-building time to minutes and ensuring you reach companies while their funding is still fresh.
