IFO4
Loading...Equity financing for companies past initial product market fit but not yet at scale, typically corresponding to Series B through Series D rounds. Growth-stage funding sits between venture capital and late-stage private equity in the capital markets continuum. The federation defines growth-stage rounds as those where the lead investor commits more than twenty million dollars and the post-money valuation exceeds one hundred million dollars. These rounds are disclosed with the same diligence depth as venture rounds plus a unit-economic appendix under MEV-Annex:4.1.
A modern coinage of the 2010s as growth investing emerged as a distinct asset class; the labels were settled by the major industry surveys.
Federation members at growth stage publish a unit-economic appendix with each round close. The appendix reconciles the projected efficiency to historical actuals and is reviewed by the steward tier before accreditation renewal.
@misc{ifo4_glossary_growth_stage_funding,
title = {{Growth-Stage Funding}},
author = {{IFO4 Federation Editorial Board}},
howpublished = {{IFO4 Federation Glossary, slug \texttt{growth-stage-funding}}},
year = {2026},
url = {https://ifo4.org/glossary/growth-stage-funding},
note = {Category: Capital; key: GrowthStageFunding}
}Federation members and accredited practitioners may challenge any entry under TGS-002:1.7. Filed challenges are routed to the editorial board, triaged into the revision register, and resolved in writing on the public docket. The slug remains stable through any revision.