ZynBit Funding Rounds,Valuation and Investors
ZynBit Funding History
ZynBit has raised a total of $1.5M over the last 8 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?
2020 Venture Round
ZynBit raised a Venture Round of $250K
2020 Seed Round
ZynBit raised a Seed Round of $750K
2016 Seed Round
ZynBit raised a Seed Round of $500K