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Series B funding: What it is and how you raise it in 2023

HomeMarketing NewsSeries B funding: What it is and how you raise it in 2023
09 Jul

By trumpweiss

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In Marketing News

Series B funding: What it is and how you raise it in 2023

B2B Demand Generation: Complete Guide 2026

Content

  • Category-defining content (not SEO content)
  • Hiring More People
  • Common Pitfalls That Stall Growth
  • Startup Life newsletter

demand generation for series b startups

The dark funnel describes the buyer research and evaluation that happens before any identifiable contact with your brand. Stage-appropriate investment outperforms budget size in almost every case. Series B budgets vary by market size and competitive intensity. Demand capture converts buyers who are already evaluating solutions, using paid search, retargeting, and review site presence.

Next, Allyson advises founders to focus on building out what she calls a ‘content capsule’ that addresses customer questions at various stages of the buyer journey. “Getting clear on your message and content in the mid-funnel can really help fuel lead generation because it gives you a lot of useful material as you're reaching out to prospects,” she says. While early stage founders are often fixated on generating new leads, Allyson finds that it's a lack of mid-funnel follow through that stymies their eventual growth. “Founders often say to me, ‘We want more press to get more leads,’ or ‘I need to post more on LinkedIn to generate pipeline,’” says Allyson.

Demand gen agencies position your brand exactly where your ideal customers hang out, with messaging that feels relevant and timely. Marketing says sales don't follow up on leads, while sales says marketing gives them junk. Your pipeline isn't just full; it's filled with leads that actually close, fueling faster, healthier growth. They craft highly targeted campaigns that attract real, sales-ready prospects instead of unqualified freebie hunters. They've supported global brands like Vodafone and Maersk, streamlining lead generation workflows and boosting sales team productivity. InBeat takes a totally different swing at demand generation, focusing on micro-influencer marketing and UGC (user-generated content) to fuel growth, even for B2B.

Category-defining content (not SEO content)

demand generation for series b startups

Watch this video series highlighting how marketing leaders are approaching generative AI. New research from the EY-Adobe Alliance uncovers the resolutions CMOs face in adopting AI. What can CMOs learn from first movers who are using GenAI to revolutionize personalized customer experiences?

Hiring More People

demand generation for series b startups

Broad targeting wastes budget on people who aren't in a buying cycle. Original research earns backlinks, gets cited by industry peers, and positions your brand as a primary source rather than a curator of other people's findings. The second is building brand awareness, which involves getting your product in front of the right people through content, social media, paid ads, and partnerships.

demand generation for series b startups

Common Pitfalls That Stall Growth

demand generation for series b startups

Semiconductor startup Positron has secured $230 million in Series B funding, TechCrunch has exclusively learned. During the pitch, investors will have questions, so it’s important to prepare for those, too. When incorporating storytelling into a pitch, don’t let fluff bog down the presentation.

  • More advanced programs benefit from intent data (6sense, Bombora, G2), website visitor identification, technographic data showing what tools prospects currently use, and behavioral tracking across your website and content.
  • You’ll learn how to get ready for it, what metrics matter, how to build your pitch, and what mistakes to avoid.
  • Building a Series B lead list requires tracking funding announcements, verifying company details, and sourcing decision-maker contacts—manually, this takes 15–20 hours per 100 leads.
  • It’s about creating awareness, building relationships and nurturing prospects from initial problem recognition through to purchase and beyond.
  • According to Forrester’s B2B buyer research, B2B buyers complete 57-90% of their purchase journey before they contact a vendor.
  • Content that provides ongoing value, such as how-to guides, product updates and exclusive webinars, helps ensure that customers continue to see value in their purchase and are more likely to stay engaged with the brand.

Startup Life newsletter

This rough framework leads to imprecise results and demonstrates a lack of rational alignment in goal setting, causing inefficiencies and misaligned priorities within the team. Using tools like our virtual demand generation for series b startups data room, FirmRoom can help you keep everything in order—managing documents, collaborating with investors, or ensuring due diligence goes smoothly. Our tools are designed to make raising funds more accessible and more efficient. To get this level of funding, a company should be able to show investors it’s ready to scale, enter new markets or regions, or prepare for an IPO.

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