Founded 2009

Loopback Funding Rounds,Valuation and Investors

Loopback Funding History

Loopback has raised a total of $600K over the last 13 years Raising this capital resulted in dilution for Neil Smiley despite non-dilutive funding options like Founderpath. With $600K money raised, Loopback would have to sell for $6M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $600K assuming no crazy liquidation preferences.

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2013

    Loopback raised a of $600K

06/11/2013 $600K