Founded 2007

SpotX Funding Rounds,Valuation and Investors

SpotX Funding History

SpotX has raised a total of $12M over the last 15 years Raising this capital resulted in dilution for Mike Shehan despite non-dilutive funding options like Founderpath. With $12M money raised, SpotX 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?

  • 2010

    SpotX raised a of $12M

12/15/2010 $12M