Founderpath

investment firm

About

Founderpath helps SaaS founders get capital without having to raise equity.

Details

Last Funding Type
Series A
Last Funding Money Raised
$10M
Industries
Finance,Financial Services,FinTech,SaaS
Founded date
Jan 1, 2020
Operating Status
Active
Legal Name
Founderpath Inc
Investor Type
PE

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$161M
Founderpath has raised a total of $161M in funding over 2 rounds. Their latest funding was raised on Aug 9, 2022 from a Series A round.
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

Investments

Number of Investments
Number of Lead Investments
3
3
Founderpath has made 3 investments. Their most recent investment was on Dec 14, 2022, when Hospitable.com raised $750K.
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

Investors

Number of Lead Investors
Number of Investors
4
8
Founderpath is funded by 8 investors. Singh Capital Partners and Forbright Bank are the most recent investors.
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

Employee Profiles

Number of Employee Profiles
1
Founderpath has 1 current employee profiles, including Executive Nathan Latka
Executive