Limtel Funding Rounds,Valuation and Investors
Limtel Funding History
Limtel has raised a total of $650K over the last 14 years Raising this capital resulted in dilution for Grzegorz Siehień despite non-dilutive funding options like Founderpath. With $650K money raised, Limtel would have to sell for $6.5M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $650K assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2014 Seed Round
Limtel raised a Seed Round of $350K
2013 Seed Round
Limtel raised a Seed Round of $300K