Founded 2014
Functionize Funding Rounds,Valuation and Investors
Functionize Funding History
Functionize has raised a total of $18.5M over the last 9 years Raising this capital resulted in dilution for Tamas Cser despite non-dilutive funding options like Founderpath. With $18.5M money raised, Functionize would have to sell for $185M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $18.5M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019 Series A
Functionize raised a Series A of $16M
2018 Seed Round
Functionize raised a Seed Round of $2.5M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 03/05/2019 | Series A | $16M | |
| 02/01/2018 | Seed Round | $2.5M |