Why do some startups receive investments until Series C, while some receive investments up to Series E+?

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Why do some startups receive investments until Series C, while some receive investments up to Series E+?

In: Economics

The startup either doesn’t need more money from investors because the company is making money. Or the company has went public and they stop using the Series A, B, C, etc naming. Or the company has been bought by another company. Or the company needs money but investors don’t want to put more in.