Codewars Funding Rounds,Valuation and Investors
Codewars Funding History
Codewars has raised a total of $1.2M over the last 10 years Raising this capital resulted in dilution for Nathan Doctor despite non-dilutive funding options like Founderpath. With $1.2M money raised, Codewars would have to sell for $11.9M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $1.2M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2014 Seed Round
Codewars raised a Seed Round of $1.1M
2013 Angel Round
Codewars raised a Angel Round of $91K