Founded 2014

Source Defense Funding Rounds,Valuation and Investors

Source Defense Funding History

Source Defense has raised a total of $20.5M over the last 8 years Raising this capital resulted in dilution for Dan Dinnar despite non-dilutive funding options like Founderpath. With $20.5M money raised, Source Defense would have to sell for $205M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $20.5M assuming no crazy liquidation preferences.

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

  • 2020

    Source Defense raised a of $10.5M

  • 2018

    Source Defense raised a of $10M

05/19/2020 $10.5M
09/26/2018 $10M