Priced round
Also called: priced equity round
ELI5
Investors buy shares at an agreed company valuation.
Used in conversation
“The company is moving from SAFEs to a priced round.”
Definition
An equity financing in which the price per share and company valuation are set at closing.
Here “Priced round” means: An equity financing in which the price per share and company valuation are set at closing.
Pitch context
You will see “Priced 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.
- U.S. Securities and Exchange Commission — Regulation CrowdfundingDirect source · primary · checked 2026-08-16
- U.S. Securities and Exchange Commission — Regulation ADirect source · primary · checked 2026-08-16
- U.S. Securities and Exchange Commission — Regulation D and exempt offering pathwaysDirect source · primary · checked 2026-08-16
- U.S. Securities and Exchange Commission — Small Business Capital Formation GlossaryDirect source · primary · checked 2026-08-16
- U.S. Securities and Exchange Commission — Exempt OfferingsSupporting source family · primary · checked 2026-08-16
- National Venture Capital Association — Model Legal DocumentsSupporting source family · institutional · checked 2026-08-16
- Y Combinator — Safe financing documentsSupporting source family · practitioner · checked 2026-08-16
- Y Combinator — Series A Term Sheet TemplateSupporting source family · practitioner · checked 2026-08-16