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

October 12, 2025 • 3 min read
On This Page
Cybersmart Founderpath Case Study
Nathan Latka
Nathan Latka

When most companies were slowing down, Jamie Akhtar, CEO of CyberSmart, was scaling up. Through a pandemic, a war that directly affected his team, and an impending recession, he led his cybersecurity platform from uncertainty to $3 million in ARR — all while keeping control of his company and avoiding dilution.

One of his biggest advantages? The $1.4m Revenue Financing he raised from Founderpath.

“Founderpath gave us a load of cash — and they’re going to give us loads more. You literally go into the dashboard, slide it, click ‘give me cash,’ and it drops straight into your bank account. It’s the coolest thing ever.”
Jamie Akhtar, CEO, CyberSmart


The Challenge

CyberSmart’s early years were marked by trial and error. Jamie and his team spent years testing products, rebuilding teams, and searching for product-market fit.

By 2020, they were gaining traction — until the pandemic hit. Their London office shut down, deal cycles slowed, and communication broke down across a newly remote team.

Then, in 2022, Russia’s invasion of Ukraine disrupted operations again, directly impacting five team members.

In the midst of it all, CyberSmart needed capital to maintain momentum — but without the time, dilution, or distraction of another fundraising process.

“We already had angels and VCs on our cap table,” Jamie said. “They’re helpful, but they come with expectations and delays. We needed capital on our terms — fast.”


The Solution: Founderpath Revenue Financing

That’s when CyberSmart partnered with Founderpath, securing $1.4 million in non-dilutive Revenue Financing to fuel growth.

Instead of selling equity, Jamie turned predictable recurring revenue into upfront cash — funding that was instant, transparent, and flexible.

“Founderpath was super helpful in giving us cash and continues to provide us cash on great terms — and super quick. The experience in the UK blew us away.”

With Founderpath’s platform, CyberSmart could:

  • Log in, slide the funding bar, and see cash land in the bank within hours.
  • Instantly track key metrics in founderpath’s unit economics dashboard.
  • Continue scaling without board approvals, long diligence, or dilution.

“My favorite part of founderpath is the scoring dashboard. It shows all our key metrics and unit economics in one place. We use a lot of tools, but this one is the most practical.”


The Results

With $1.4 million in Founderpath Revenue Financing, CyberSmart was able to:

  • Invest confidently in product and hiring during volatile markets.
  • Bridge funding gaps between rounds without slowing growth.
  • Preserve 100 percent ownership and maintain full control.
  • Accelerate growth through one of the toughest periods in tech.

By the end of 2023, CyberSmart had scaled to $3 million ARR — and was on track for $6 million ARR the following year.

“We’re past $3 million ARR and expect to hit $6 million by end of year. founderpath’s capital helped us move fast when opportunity struck — without wasting months raising equity.”


Why Founders Choose Founderpath

CyberSmart’s story shows what’s possible when founders take control of their capital stack.

With Founderpath Revenue Financing, SaaS founders can:

  • Access up to 12 months of upfront capital based on recurring revenue.
  • Receive funds in hours, not months.
  • Keep 100 percent equity.
  • Track unit economics and key metrics in real time.

“You just slide the bar, click, and the money lands in your account. It’s that easy.”


The Bottom Line

Through a pandemic, a war, and a recession, CyberSmart didn’t just survive — it thrived.

With $1.4 million in Founderpath Revenue Financing, CEO Jamie Akhtar kept his company independent, motivated his team, and scaled to $3 million ARR without giving up equity.

Learn more about how Founderpath’s Revenue Financing helps SaaS founders grow on their terms.

Recent Articles

Placeholder

How to Use Affiliates to Grow Your Software Company

Learn how to use Affiliates to grow your software company from 25+ successful SaaS founders.

October 14, 2025 11 min read
Placeholder

How to Use Virality to Grow Your Software Company

Learn how to use Virality to grow your software company from 25+ successful SaaS founders.

October 13, 2025 14 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