Lombardi Software Funding Rounds,Valuation and Investors
Lombardi Software Funding History
Lombardi Software has raised a total of $63.5M over the last 24 years Raising this capital resulted in dilution for Brian Cooper despite non-dilutive funding options like Founderpath. With $63.5M money raised, Lombardi Software would have to sell for $635M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $63.5M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2007 Series D
Lombardi Software raised a Series D of $8M
2006 Series C
Lombardi Software raised a Series C of $12M
2004 Venture Round
Lombardi Software raised a Venture Round of $10M
2003 Series C
Lombardi Software raised a Series C of $13M
2000 Series B
Lombardi Software raised a Series B of $20.5M at a $30.5M valuation in June 2000