Lead investor

Also called: lead, lead VC, leading the round, led the round, co-lead

The investor who negotiates the terms of a round with the founders and usually puts in the largest share of the money. Other investors in the round accept those terms.

For example: A fund offers a term sheet and pledges 2 million dollars of a 3 million dollar round. Three smaller investors add the rest on the same terms. The fund is the lead investor.

Connects to 8

Term sheet Concept
Priced round Concept
Venture capital Concept
Due diligence Concept
Data room Concept
Board of directors Concept
Cortado Ventures Investor
Victorum Capital Investor

This glossary is plain-language orientation, not legal or financial advice. Before you decide on a company structure, a contract, taxes or a fundraising deal, talk with a lawyer or an accountant.