Founded 2011

PlanGrid Funding Rounds,Valuation and Investors

PlanGrid Funding History

PlanGrid has raised a total of $104M over the last 11 years Raising this capital resulted in dilution for Tracy Young despite non-dilutive funding options like Founderpath. With $104M money raised, PlanGrid would have to sell for $1B, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $104M assuming no crazy liquidation preferences.

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

  • 2015 Series B

    PlanGrid raised a Series B of $50M at a $369M valuation in November 2015

  • 2014 Series A

    PlanGrid raised a Series A of $18M at a $92M valuation in July 2014

  • 2012 Seed Round

    PlanGrid raised a Seed Round of $1.1M

  • 2012 Convertible Note

    PlanGrid raised a Convertible Note of $34.9M

11/18/2015 Series B $50M $369M
07/11/2014 Series A $18M $92M
05/29/2012 Seed Round $1.1M
03/30/2012 Convertible Note $34.9M