Founded 2013
Geniebelt Funding Rounds,Valuation and Investors
Geniebelt Funding History
Geniebelt has raised a total of $3.6M over the last 10 years Raising this capital resulted in dilution for Ulrik Branner despite non-dilutive funding options like Founderpath. With $3.6M money raised, Geniebelt would have to sell for $35.7M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $3.6M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2016 Seed Round
Geniebelt raised a Seed Round of $2.4M
2015 Angel Round
Geniebelt raised a Angel Round of $700K
2013 Angel Round
Geniebelt raised a Angel Round of $500K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 09/12/2016 | Seed Round | $2.4M | |
| 02/13/2015 | Angel Round | $700K | |
| 11/25/2013 | Angel Round | $500K |