Pipemonk Funding Rounds,Valuation and Investors
Pipemonk Funding History
Pipemonk has raised a total of $2.1M over the last 9 years Raising this capital resulted in dilution for Satya Padmanabham despite non-dilutive funding options like Founderpath. With $2.1M money raised, Pipemonk would have to sell for $21M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $2.1M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2015 Series A
Pipemonk raised a Series A of $2M
2014 Seed Round
Pipemonk raised a Seed Round of $100K