<aside> 💡 If you’re raising VC money or plan to get investors on board of your startup, this page gives you an outline of what a board composition can look like at different stages. Use the table to customise and update your own board.

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<aside> 👇 Founders can be members of the C-Suite of your startup (CEO, CFO, COO, etc.)

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SEED

1-3 founders

Seed investor

SERIES A/B

1-3 founders

2 investors, incl. 1 seed investor

Independent member

SERIES C/D

1-3 founders

2-4 investors

1-2 independent members

Chairperson

PRE-IPO

1-3 founders

2-4 investors

1-2 independent members

Chairperson

Board (Series A)