Specright Funding Rounds,Valuation and Investors
Specright Funding History
Specright has raised a total of $12M over the last 8 years Raising this capital resulted in dilution for Matthew Wright despite non-dilutive funding options like Founderpath. With $12M money raised, Specright would have to sell for $120M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $12M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019 Series A
Specright raised a Series A of $8.8M
2018 Venture Round
Specright raised a Venture Round of $3.2M