Customer Impact

Growth & Strategie

Where should the marketing money go after a Series A?

Copy for AI

After a funding round, you put the marketing money into measurement first: what does a won customer cost per channel? Then you build a pipeline you own, with content and SEO on your buyers’ questions. Extra advertising only comes after that. Ads buy time, owned channels build value that stays when the budget stops.

The round closed this week, the press releases are out and the board expects a growth plan. You get the question every founder or first marketer gets at that moment: where does the marketing money go? This is the playbook for those first months, from a growth marketing approach that steers on pipeline, not reach.

Where should the marketing money go first after a Series A?

Don’t immediately put more budget on the channel that works today. First find out why it works. This is how we split the first six months:

MonthWhat you doWhy
1Deals by source in your CRM, cost per won customer per channelWithout this baseline you can’t prove anything later
1 to 2Positioning and the 30 to 50 questions your buyers askThose questions become your pages, your ads and your sales conversation
2 to 6Content and SEO on buying questions with an expensive cost per clickA page keeps delivering clicks without you paying per click
2 to 6Ads only on keywords with buying intentThey bring pipeline while your own pages are still building up
6First review with investorsNow you have numbers per channel, not loose impressions

If your brand is really holding back your growth, first read when a rebrand after funding makes sense. How to then turn several channels into one growth engine is covered in scale-up marketing.

How much of a funding round usually goes to marketing?

There is no fixed percentage of the round itself. Benchmarks calculate as a percentage of your recurring revenue (ARR). According to SaaS Capital (2026 survey), across more than 1,000 SaaS companies the median spends 8% of ARR on marketing and 15% on sales. Investor-backed companies spend twice as much on marketing as those without investors.

So work backward from your goal, not from the round. How many deals do you need to close within 18 months, and how many opportunities and leads does that take? That calculation is in how many leads you need for your revenue target. A rougher split across channels is in setting your marketing budget.

For reference, our own prices. Content costs 950 euros per month for 5 articles, 2,450 for 15 or 4,500 for 30 in three languages. Lead generation starts at 3,750 euros per month. All with a three-month minimum and no setup fee.

After a seed round: ads first, content first or an SDR first?

That depends on how fast you need pipeline and what a click costs in your category. Across 106 Benelux software search terms, a median click costs about 22 dollars (Google Ads data, September 2026). For “HR software” in the Netherlands it’s 58 dollars, for “helpdesk software” 146 dollars.

AdsContent and SEOSDR (outbound)
First resultDaysFirst impressions after a few weeks, judge after eight weeksWeeks
Stops when the budget stopsYesNo, pages keep workingYes
FitsProven buying intent, short cycleExpensive clicks, many buying questions, multiple languagesSmall list of known accounts
Teaches youWhich message gets clicksWhich questions your buyers askWhich objections you hear

Our experience in B2B software with a long sales cycle: content as the foundation and ads, kept narrow, as a bridge. An SDR only comes in once you know which accounts you want. Read more about that trade-off in inbound vs outbound lead generation. Calculate per keyword: in the click-or-article calculator, set your cost per click against the price of an article.

We saw the difference at Kaizo. In September 2025, organic traffic converted 38 times better to key events than paid: 4.6% versus 0.12%. Key events are intent signals, not demo bookings.

How do you quickly build a predictable pipeline after a funding round?

Fast and predictable go together if you build in volume and judge at the right moment:

  1. Write on your buyers’ questions, not on broad terms. New pages get more impressions from long questions of 7 words or more. At Hedgehog that’s 19%, versus 10% for older pages.
  2. Build in volume. Hedgehog Company started with 18 test articles in English and Dutch: 2,314 impressions and 24 clicks in 19 days. A month later, 77 articles were online, with 6,701 impressions and 42 clicks.
  3. Be visible in AI answers. Of 41 new Hedgehog articles, Google showed an AI Overview 31 times on the article’s own question. Hedgehog was cited as a source 23 times.
  4. Steer the website on pipeline. At Suivo, pipeline through the website grew by 142%, and 85% of the pipeline came through the web.

According to our Search Console data from six sites, new pages peak in week 1, drop in weeks 2 to 8 and then break through. On customerimpact.be, the level from week 9 onward was about three times higher than in weeks 2 to 8. One of the six sites stayed flat. So judge new content after eight weeks, not after two.

This is the core of the guide to reducing your dependence on Google Ads. If you can’t build that pipeline alongside founder-led sales, read how to move from founder-led sales to marketing.

Which marketing numbers do investors want to see after six months?

Numbers that show growth is repeatable and affordable, so no followers or reach.

NumberWhat it shows
Pipeline per channel (number of opportunities and value)Where your growth comes from
Cost per won customer per channelWhich channel pays off, paid and organic side by side
CAC paybackHow fast you earn back a customer
Share of pipeline from owned channelsWhether your dependence on advertising is falling
Organic impressions on buying questionsWhether your own asset is growing, even before it delivers clicks

Calculate CAC payback with our explanation of the CAC payback period or directly with the CAC calculator. With long cycles, click and deal are months apart: then read how to measure attribution in long B2B sales cycles.

When we’re not the right choice

If you need to show new pipeline within six weeks, content is not the first answer: start with sharp ads on buying intent. If you don’t have product-market fit yet, put the money into customer conversations, not into scale. And if you’re mainly looking for someone to lead your marketing team, read when to hire a fractional growth lead.

Frequently asked questions

We just raised a Series A. Where should the marketing money go first?

Into measurement and a pipeline you own. First make sure your CRM shows which channel brings in customers. Then build content on the buying questions with the most expensive clicks, and keep ads narrowly focused on buying intent.

How much of a funding round usually goes to marketing?

Benchmarks don’t calculate as a percentage of the round, but of your ARR. The median spends 8% of ARR on marketing and 15% on sales, more at investor-backed companies. You’re better off working backward from the number of deals you need to close.

After a seed round: ads first, content first or an SDR first?

With a long B2B sales cycle and expensive clicks: content as the foundation, ads as a narrow bridge. An SDR pays off once you have a short list of known accounts and know which message works.

How quickly do you see results from content after a funding round?

New pages peak in week 1 and then drop until about week 8. Only after that do you see the real trend. So start early, so you have numbers at the six-month review.

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