Spiceworks Funding Rounds,Valuation and Investors
Spiceworks Funding History
Spiceworks has raised a total of $111M over the last 16 years Raising this capital resulted in dilution for Jay Hallberg despite non-dilutive funding options like Founderpath. With $111M money raised, Spiceworks would have to sell for $1.1B, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $111M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2014 Series E
Spiceworks raised a Series E of $57M
2011 Series D
Spiceworks raised a Series D of $25M
2010 Series C
Spiceworks raised a Series C of $16M
2007 Series B
Spiceworks raised a Series B of $8M
2006 Series A
Spiceworks raised a Series A of $5M