Founderpath

Founderpath

Helps SaaS companies increase cash flow without diluting ownership by offering loans based on their monthly recurring revenue. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues<1m1.4m
% growth-238 %
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DateInvestorsAmountRound
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N/A

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$10.0m

Debt
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$5.0m

Seed
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$135m

Debt
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$10.0m

Late VC
Total FundingCAD20.5m

Recent News about Founderpath

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More about Founderpathinfo icon
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Founderpath is a financial services startup that operates in the Software as a Service (SaaS) market. It provides non-dilutive capital to other startups, particularly those in the SaaS sector. Non-dilutive capital means that the company provides funds without taking a stake in the client's business, thus not diluting the ownership of the existing shareholders.

The company has recently raised a $145 million fund to support its operations. It has attracted high-profile clients such as Larry Kim and Jamie Akhtar, both CEOs of successful startups, who have chosen Founderpath as their exclusive non-dilutive capital partner.

Founderpath's business model is based on providing quick and easy access to capital. Clients connect their core platforms to Founderpath, which then generates a Founderpath Score. The higher the score, the more capital the client can access and the better the terms. The company offers two types of financial agreements: a simple, quick Term Loan with a discount rate as low as 7%, and a slightly longer, more complex Factoring Agreement with an interest rate as low as 16%. The money is wired to the client in under 48 hours.

Founderpath's services are particularly recommended for bootstrapped startups, as it provides a hassle-free avenue for short-term cash needs. It has also been used as an ongoing source of non-dilutive growth capital for fast-growing B2B companies.

Keywords: Non-dilutive capital, SaaS, Startup, Financial services, Term Loan, Factoring Agreement, Founderpath Score, Quick capital access, Bootstrapped startups, B2B companies.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Founderpath

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