Business Pitch Dictionary by pitch.dog
Funding rounds & stages · Working

Extension round

Also called: round extension

ELI5

More money added to a recent funding round.

Used in conversation

“The extension round includes two strategic investors.”

Definition

Additional capital raised on or near the terms of a recent round.

Here “Extension round” means: Additional capital raised on or near the terms of a recent round.

Pitch context

You will see “Extension 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.