Case Study

How Exercise.com was funded to its exit: a first Founderpath draw of $15,470 in September 2020, about $3.5M over 19 draws with no equity, then a 2025 sale to Daxko

Founder Bootstrapped Using $3.5m From Founderpath, Exited for Massive Amount Last Week

Joel Ohman, founder and CEO of the fitness software company Exercise.com, funded its growth with about $3.5 million of Founderpath…

October 28, 2025 • 12 min read
Boomnow Founderpath 12.7m Series A

Founderpath Helped Increase our Valuation, We Just Closed $12.7m

When BoomNow raised $12.7m dollars to power the next generation of AI-driven property management, they revealed something interesting about leverage:…

October 28, 2025 • 3 min read
Modigie Founderpath Case Study

How Modigie Used $400k from Founderpath to Bootstrap to $1.7m Revenue

When Ken Hoppe, CEO of Modigi, set out to build a profitable SaaS company, he wasn’t interested in chasing venture…

October 12, 2025 • 3 min read
Customers.ai, formerly MobileMonkey, stalled at about $1M ARR, used Founderpath financing plus an equal amount of Larry Kim's own money for about a year of runway, then raised a $4.99M Series A in April 2023 and repaid the financing.

How Larry Kim Used Founderpath to Pivot Customers.ai and Hit $2M+ Revenue

Customers.ai, called MobileMonkey until March 2023, is Larry Kim’s company that identifies anonymous website visitors and automates outbound marketing for…

October 12, 2025 • 12 min read
Akhtar reported $650K drawn from Founderpath in September 2022; CyberSmart raised its Series B and the Founderpath charge was satisfied in 2023.

How CyberSmart Scaled to $3M ARR Through a Pandemic, a War, and a Recession — Powered by $1.4M in Founderpath Revenue Financing

CyberSmart is a London cyber security company co-founded by Jamie Akhtar that sells Cyber Essentials certification and security software to…

October 12, 2025 • 11 min read
How ContactMonkey was funded: an $800K seed round in 2012, $1M of Founderpath revenue financing with no equity (date not public), and a $55M Series A led by Updata in December 2023

How ContactMonkey Bootstrapped to $11M ARR and Secured a $50M Growth Round with Founderpath

ContactMonkey is a Toronto company that makes internal email software for employee communications, founded by Scott Pielsticker in 2010. Founderpath…

October 12, 2025 • 10 min read
Badger Maps drew $2.8M at the start of a $4.2M Founderpath term loan facility, with more draws available over two years as it shows growth.

How Badger Maps Grew with Founderpath: From Revenue Financing to a $4.2M Term Loan (with Lower All-In Cost)

Badger Maps is route planning and mapping software for field sales teams, founded by Steve Benson in 2012. In 2024…

October 12, 2025 • 10 min read
BetterComp was funded by its founders and convertible notes, took $1.75M of non-dilutive funding from Founderpath, then announced a $33M Series A led by Ten Coves Capital in July 2025.

How BetterComp Used Founderpath’s Non-Dilutive Capital to Power Its $33M Series A

BetterComp makes market pricing software for compensation teams. BetterComp states on its blog, as checked in October 2026, that it…

October 12, 2025 • 10 min read