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Founded 2015

Lot Spot Funding Rounds,Valuation and Investors

Lot Spot Funding History

Lot Spot has raised a total of $665K over the last 7 years Raising this capital resulted in dilution for Preston Hare despite non-dilutive funding options like Founderpath. With $665K money raised, Lot Spot would have to sell for $6.7M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $665K assuming no crazy liquidation preferences.

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

  • 2018 Convertible Note

    Lot Spot raised a Convertible Note of $450K

  • 2017 Angel Round

    Lot Spot raised a Angel Round of $215K at a $2.9M valuation in September 2017

FUNDING DATEROUNDAMOUNTVALUATION
10/01/2018 Convertible Note $450K
09/22/2017 Angel Round $215K $2.9M