Founded 1949

ADP Funding Rounds,Valuation and Investors

ADP Funding History

ADP has raised a total of $53.3M over the last 73 years Raising this capital resulted in dilution for Phil Fauver despite non-dilutive funding options like Founderpath. With $53.3M money raised, ADP would have to sell for $533M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $53.3M assuming no crazy liquidation preferences.

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2002 Series E

    ADP raised a Series E of $13.3M

  • 2001 Series C

    ADP raised a Series C of $10M

  • 2000 Venture Round

    ADP raised a Venture Round of $20M

  • 1999 Venture Round

    ADP raised a Venture Round of $10M

03/05/2002 Series E $13.3M
10/26/2001 Series C $10M
05/11/2000 Venture Round $20M
02/22/1999 Venture Round $10M