CPDone Funding Rounds,Valuation and Investors
CPDone Funding History
CPDone has raised a total of $2.7M over the last 11 years Raising this capital resulted in dilution for Mark Forsyth despite non-dilutive funding options like Founderpath. With $2.7M money raised, CPDone would have to sell for $27M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $2.7M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2016 Venture Round
CPDone raised a Venture Round of $1.4M at a $5.4M valuation in June 2016
2014 Venture Round
CPDone raised a Venture Round of $1.3M at a $5.4M valuation in January 2014