Compete Funding Rounds,Valuation and Investors
Compete Funding History
Compete has raised a total of $17.5M over the last 2 years Raising this capital resulted in dilution for Amit Rapaport despite non-dilutive funding options like Founderpath. With $17.5M money raised, Compete would have to sell for $175M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $17.5M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2022 Series A
Compete raised a Series A of $15M
2021 Seed Round
Compete raised a Seed Round of $2.5M