Oct. 30 at 9:17 PM
$MRM Insider 59m series A investment.
If you dont know what series A funding is:
<<Series A funding is the first major round of venture capital financing for a startup that has already achieved initial milestones, like a working product and a customer base. This funding is used to scale the business by expanding the team, developing the product further, and growing the customer base. It follows the initial "seed" funding stage and involves investing capital in exchange for preferred stock shares in the company.
Key characteristics of Series A funding
Purpose: To scale the business and move towards profitability, helping the company grow from a startup into a sustainable business. >>
