Founderpath helps SaaS founders get capital without having to raise equity.
Founderpath helps founders get capital without having to raise equity. Founders connect their bank accounts, customer information, and other data to get a credit score. Based on this credit score, Founderpath lends the company money. Better credit scores get better rates, cheaper capital. Founderpath has a debt fund so it invests directly in companies.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Aug 9, 2022 | Series A | $10M | 1 | Singh Capital Partners | — | Detail |
Aug 9, 2022 | Debt Financing | $135M | 2 | Forbright Bank | — | Detail |
Oct 1, 2021 | Seed | $5M | 1 | Active Capital | — | Detail |
Feb 16, 2021 | Debt Financing | $10M | 4 | — | — | Detail |
Mar 1, 2020 | Pre-seed | $1M | 1 | Active Capital | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Dec 14, 2022
Hospitable.com
|
Debt Financing | $750K | Hospitality | Yes |
Feb 2, 2022
Dingus and Zazzy
|
Debt Financing | $1.10M | Advertising | Yes |
Apr 7, 2021
Hospitable.com
|
Debt Financing | $70.45K | Hospitality | Yes |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Singh Capital Partners | Yes | Series A |
Forbright Bank | Yes | Debt Financing |
Active Capital | Yes | Seed |
Coromandel Capital | — | Debt Financing |
Bill Boebel | — | Debt Financing |
Dan Martell | — | Debt Financing |
David Hauser | — | Debt Financing |
Pat Condon | — | Debt Financing |