Founded 2018
SpaceBasic Funding Rounds,Valuation and Investors
SpaceBasic Funding History
SpaceBasic has raised a total of $250K over the last 5 years Raising this capital resulted in dilution for Madhavi Shankar despite non-dilutive funding options like Founderpath. With $250K money raised, SpaceBasic would have to sell for $2.5M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $250K assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Pre Seed
SpaceBasic raised a Pre Seed of $250K at a $5M valuation in November 2021
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 11/05/2021 | Pre Seed | $250K | $5M |