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Founded 2015

ZynBit Funding Rounds,Valuation and Investors

ZynBit Funding History

ZynBit has raised a total of $1.5M over the last 7 years Raising this capital resulted in dilution for Phil Dixon despite non-dilutive funding options like Founderpath. With $1.5M money raised, ZynBit would have to sell for $15M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $1.5M assuming no crazy liquidation preferences.

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

FUNDING DATEROUNDAMOUNTTOTALVALUATION
05/27/2020 Venture Round $250K
02/19/2020 Seed Round $750K
06/27/2016 Seed Round $500K