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 DATE | ROUND | AMOUNT | TOTAL | VALUATION |
|---|---|---|---|---|
| 05/27/2020 | Venture Round | $250K | ||
| 02/19/2020 | Seed Round | $750K | ||
| 06/27/2016 | Seed Round | $500K |