Zwift Funding Rounds,Valuation and Investors
Zwift Funding History
Zwift has raised a total of $619.5M over the last 9 years Raising this capital resulted in dilution for Eric Min despite non-dilutive funding options like Founderpath. With $619.5M money raised, Zwift would have to sell for $6.2B, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $619.5M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2020 Series C
Zwift raised a Series C of $450M at a $1B valuation in September 2020
2018 Series B
Zwift raised a Series B of $125M
2016 Series A
Zwift raised a Series A of $27.2M
2015 Angel Round
Zwift raised a Angel Round of $10M
2014 Angel Round
Zwift raised a Angel Round of $7M
2014 Seed Round
Zwift raised a Seed Round of $350K