Founded 2005

Mainline Funding Rounds,Valuation and Investors

Mainline Funding History

Mainline has raised a total of $1M over the last 17 years Raising this capital resulted in dilution for Rick Kearney despite non-dilutive funding options like Founderpath. With $1M money raised, Mainline would have to sell for $10M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $1M assuming no crazy liquidation preferences.

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

  • 2018 Series A

    Mainline raised a Series A of $1M at a $3M valuation in October 2018

10/01/2018 Series A $1M $3M