---
title: "Glossary | Datahyena"
url: https://datahyena.com/glossary/
description: "Plain-English definitions of funding, M&A, and executive-move terms, and how each appears as a Datahyena signal."
---

# Signals glossary.

Plain-English definitions of the funding, M&A, and leadership terms behind the signals,
 and how each one shows up in the API.

## Funding

 [### Seed round

 A seed round is a startup's first significant round of outside equity funding, used to build an initial product, hire a small team, and find product-market fit before raising a larger Series A.

Read

→](https://datahyena.com/glossary/seed-round)[### Series A

 A Series A is a company's first major priced venture round after the seed stage, raised once it has early traction, to scale the product, team, and go-to-market.

Read

→](https://datahyena.com/glossary/series-a)[### Series B

 A Series B is a later venture round raised by a company that has proven its business model and is scaling rapidly, used to expand the team, enter new markets, and grow revenue.

Read

→](https://datahyena.com/glossary/series-b)[### Series C

 A Series C is a late-stage venture round raised by an established, scaling company, often to fund expansion, acquisitions, or preparation for an IPO or exit.

Read

→](https://datahyena.com/glossary/series-c)[### Bridge round

 A bridge round is a smaller, interim financing raised to extend a company's runway until its next major round or milestone, often structured as convertible notes or SAFEs.

Read

→](https://datahyena.com/glossary/bridge-round)[### Down round

 A down round is a funding round raised at a lower valuation than the company's previous round, meaning the company is worth less per share than it was before.

Read

→](https://datahyena.com/glossary/down-round)[### Term sheet

 A term sheet is a mostly non-binding document that outlines the key terms of a proposed investment, such as valuation, amount, and investor rights, before the final legal agreements are drawn up.

Read

→](https://datahyena.com/glossary/term-sheet)

## Mergers & acquisitions

 [### Acqui-hire

 An acqui-hire is an acquisition made primarily to bring on the target company's team, rather than to acquire its product, revenue, or customers.

Read

→](https://datahyena.com/glossary/acqui-hire)

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