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🌍 US & Europe · Cap table & fundingBridge round
Also called: bridge financing, bridge
In one line
A smaller, interim raise — often via SAFEs or notes — to fund a company until its next priced round.
In plain English
A bridge 'bridges' the gap to the next big round, giving the company runway. It's usually quick and convertible, and can signal either prudence or difficulty raising a full round.
If you were explaining it to a 5-year-old
The club is low on coins, so it borrows a little to tide it over until the next proper fundraising.
Why it matters when you sell
Bridges add convertibles that dilute later and can hint at the company's health — useful context when deciding whether to sell.
Related terms
Put it to use
When you're ready to go deeper, there's an optional Equity Toolkit and Report.
Sources
A general market-practice term. See how we define and source the glossary in our methodology. General information, not advice.
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