Signal key
last_funding_round_changeCategory
Funding
Source
Funding records (last round stage).
When it fires
Trigger condition
last_funding_round advances (Seed → Series A → Series B → and so on).Magnitude
High, each stage advance means more capital.For the full bucket definitions used across percentage-based signals, see Magnitude buckets.
Why it matters
Each step up means a bigger war chest and bigger ambitions. Advancing from Seed to Series A, or Series A to B, marks a maturity leap, larger budgets, more formal procurement, and a buying committee that’s growing more sophisticated.How to read it
Maturity leap
Each stage means more capital and more structure.
Bigger budgets
Later stages buy enterprise-grade tooling.
Procurement formalizes
Buying gets more process-driven at each stage.
Outreach playbook
Related signals
Funding Round Announced
A new funding round was announced.
Total Funding Increase
The company’s total funding raised increased.
Executive Team Buildout
A company rapidly built out its leadership team.
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