Startup & Tech Glossary

Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.

SaaS

Technology

SaaS is software you access and pay for over the internet, usually as a monthly subscription, instead of buying and installing it yourself.

Seed Round

Funding Investment

A seed round is usually a startup's first real outside funding round, meant to help it build a product and find its first customers.

Series A

Funding Investment

A Series A is typically a startup's first big round led by professional VC firms, raised once there's real evidence the product works.

Series B

Funding Investment

A Series B is a later funding round for a startup that's already growing fast and needs bigger money to scale operations.

Series C

Funding Investment

A Series C is a later-stage round for a startup that's already proven its model and is raising to grow even bigger, often before an exit.

Smart Contract

Crypto Web3

A smart contract is a program on a blockchain that automatically carries out an agreement's terms once its conditions are met, with no middleman.

Stablecoin

Crypto Web3

A stablecoin is a cryptocurrency designed to hold a steady value, usually by being pegged one-to-one to a currency like the US dollar.