Founded 2014

SPENDIT Funding Rounds,Valuation and Investors

SPENDIT Funding History

SPENDIT has raised a total of $3.7M over the last 8 years Raising this capital resulted in dilution for Ralph Meyer despite non-dilutive funding options like Founderpath. With $3.7M money raised, SPENDIT would have to sell for $36.6M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $3.7M assuming no crazy liquidation preferences.

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

  • 2018

    SPENDIT raised a of $3.7M

03/27/2018 $3.7M