Zorap Funding Rounds,Valuation and Investors
Zorap Funding History
Zorap has raised a total of $2.3M over the last 15 years Raising this capital resulted in dilution for Jim Behrens despite non-dilutive funding options like Founderpath. With $2.3M money raised, Zorap would have to sell for $22.5M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $2.3M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2010 Venture Round
Zorap raised a Venture Round of $851K
2009 Angel Round
Zorap raised a Angel Round of $1.4M