Flat round
Also called: flat-round
In one line
A funding round priced at the same per-share value as the previous round — neither up nor down.
In plain English
A flat round raises money without changing the valuation. It's a neutral signal: not the growth of an up round, not the alarm of a down round.
If you were explaining it to a 5-year-old
The club raises more coins but keeps the toy price exactly the same as last time — no change in value.
Why it matters when you sell
A flat round keeps your reference price steady and avoids anti-dilution triggers, so it leaves your common value roughly intact.
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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