How do I know which stage my startup is at?

Below gives a quick summary using the various stages of the startup that align with they sit in the funding process to help you understand where your startup is in its journey

‍Stages: 

1. Ideation & Prototype - Friends and Family (You have an idea that you think you have an unfair advantage to pull off)
2. Confirmation - Angel (Maybe a few sales)
3. Creation - Seed (Minimum Viable Product)
4. Validation - Series A (Your MVP is generating sales)
5. Repeatability - Series B (Proof there is a large market for your product/service)
6. Scalability - C (Prove the business logistics can scale to serve this large market)
7. Profitability - Mezzanine (Its time to search for new product development or new product to drive next growth) 
8. Predictability - IPO (Prove it works every time so everyone will want to invest)

You should start to ask yourselves the following questions:

• Do you talk about your idea & writing a business plan? You probably won’t get funding for your startup at this stage. 
• Do you talk about building a prototype? - You’re pre-funding but can maybe get seed/angel funding. 
• Do you have the funding necessary to launch? Great! Do it :P Most investors will pass when you’re right about to launch.  
• Do you have the funding necessary for traction? If you already have some traction but need more, then you should be able to get Angel/Seed funding.