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Venture capitalists generally provide funding and expertise to companies at which stages of their development? I. Seed stage II . Early stage III. Formative stage

Venture capitalists generally provide funding and expertise to companies at which stages of their development?
I. Seed stage
II. Early stage
III. Formative stage
IV. Late stage
A) I, II, and III
B) I, II, III, and IV
C) III and IV
D) II, III, and IV
E) I and II
Answers A) & B) are incorrect. Please provide correct answer between C), D), & E)

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