Fragmob Funding Rounds,Valuation and Investors
Fragmob Funding History
Fragmob has raised a total of $7M over the last 15 years Raising this capital resulted in dilution for Jade Charles despite non-dilutive funding options like Founderpath. With $7M money raised, Fragmob would have to sell for $70M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $7M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2015 Convertible Note
Fragmob raised a Convertible Note of $4M at a $12.5M valuation in September 2015
2014 Seed Round
Fragmob raised a Seed Round of $1M
2012 Seed Round
Fragmob raised a Seed Round of $500K
2011 Seed Round
Fragmob raised a Seed Round of $1.4M
2010 Seed Round
Fragmob raised a Seed Round of $100K