Proteus Funding Rounds,Valuation and Investors
Proteus Funding History
Proteus has raised a total of $8.7M over the last 4 years Raising this capital resulted in dilution despite non-dilutive funding options like Founderpath. With $8.7M money raised, Proteus would have to sell for $87M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $8.7M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Series A
Proteus raised a Series A of $5.9M at a $20.6M valuation in October 2021
Proteus raised a Grant of $584.8K
2020 Seed Round
Proteus raised a Seed Round of $2.2M