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Founded 2018

Functionally Funding Rounds,Valuation and Investors

Functionally Funding History

Functionally has raised a total of $1.7M over the last 4 years Raising this capital resulted in dilution for Tim Brewer despite non-dilutive funding options like Founderpath. With $1.7M money raised, Functionally would have to sell for $16.8M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $1.7M assuming no crazy liquidation preferences.

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

  • 2020 Pre Seed Round

    Functionally raised a Pre Seed Round of $1M

  • 2018 Pre Seed Round

    Functionally raised a Pre Seed Round of $680K

FUNDING DATEROUNDAMOUNTVALUATION
12/22/2020 Pre Seed Round $1M
08/24/2018 Pre Seed Round $680K