Grain Funding Rounds,Valuation and Investors
Grain Funding History
Grain has raised a total of $20M over the last 4 years Raising this capital resulted in dilution for Mike Adams despite non-dilutive funding options like Founderpath. With $20M money raised, Grain would have to sell for $200M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $20M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2022 Series A
Grain raised a Series A of $16M
2020 Seed Round
Grain raised a Seed Round of $4M