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DOWNINWESTYCJE
InvestmentsFunds, valuations and what the contract says

DOWN ROUND

A funding round at a valuation lower than the previous one.

Why it matters

Enables raising capital when results or market conditions fail to meet expectations — sometimes the only alternative to shutting down the company.

What's missing without it

Without agreeing to a lower valuation, there may not be enough cash to cover the next month.

When it is used

When the market turns or growth proves slower than projected.

How we use it

Series B at a valuation lower than Series A.

Fun fact

A down round typically triggers investor protection mechanisms that dilute founders much more severely than the valuation difference alone would suggest.

Numbers worth knowing

Investments in data

1.7%

Prognozowany średnioroczny wzrost (CAGR) europejskiego rynku aftermarket do 2035 roku.

BCG2024Europe

116 000 000 000 EUR

Prognozowana wartość europejskiego rynku aftermarket w 2035 roku, w porównaniu z 99 mld EUR w 2025 r. (na poziomie hurtowym, bez robocizny).

BCG2035Europe

75%

Odsetek konsumentów gotowych korzystać z agentów AI jako osobistych asystentów zakupowych.

Accenture06/2025global

Figures from the same field — collected in our market data base.

Related terms