Funding rounds & stages · Core

Bridge round

Also called: bridge financing

ELI5

Short-term funding to reach the next major event.

Used in conversation

“The bridge round buys nine months to complete the trial.”

Definition

Interim financing intended to extend runway to a larger round, milestone, sale or profitability.

Here “Bridge round” means: Interim financing intended to extend runway to a larger round, milestone, sale or profitability.

Pitch context

You will see “Bridge round” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches funding rounds & stages.

Why it matters: In funding rounds & stages, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 8

Direct term-level sources and supporting source families.