Founded 2017
SpotDraft Funding Rounds,Valuation and Investors
SpotDraft Funding History
SpotDraft has raised a total of $2M over the last 6 years Raising this capital resulted in dilution for Shashank Bijapur despite non-dilutive funding options like Founderpath. With $2M money raised, SpotDraft would have to sell for $20.5M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $2M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019
SpotDraft raised a of $1.5M
2017
SpotDraft raised a of $550K
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 02/22/2019 | $1.5M | ||
| 10/25/2017 | $550K |