A Series A funding round is typically the first major round of investment a startup receives from venture capitalists after it has developed a solid business plan, proven its concept, and demonstrated some traction in the market. This funding is used to scale the business, which might involve expanding the team, increasing marketing efforts, or further developing the product or service. Series A funding rounds usually involve larger sums of money than earlier seed funding rounds and often come with higher expectations for growth and future profitability.