2022 was a big year for Founderpath – we deployed $95m+ to Bootstrapped and capital efficient SaaS founders to help them grow without taking equity.
Thrilled to be named Tekpon’s best FinTech Software for 2022! Tekpon is a software marketplace designed to end software waste by helping companies choose the best tools for their needs.
Our mission is to help Bootstrapped SaaS founders grow without having to choose between capital and keeping control. This year we raised $10m in equity from top SaaS CEO’s and another $140m in capital to lend out (the fund).
For every SaaS founder who raises, there are 1,000 quietly bootstrapping, creating jobs, building a life and team they love. With the new fund, we’ve taken a major step to creating an “alternative path” for those SaaS founders who don’t want to go the VC route.
And we’re just getting started.
Read more about Tekpon’s top Software companies in 2022 here.
Recent Articles
CARR vs ARR: What Contracted ARR Is and How It Differs
CARR is your ARR plus signed contracts that aren't live yet, minus churn notices. How to calculate CARR, how it differs from ARR, bookings and RPO, and how to report it honestly.
What Is a UCC Filing? What It Means When a Lender Files One
A UCC filing is a public notice that a lender has a lien on some or all of your business assets. What a UCC-1 contains, how long it lasts, how it affects new financing and how to remove one.
What Are Debt Warrants? How Venture Debt Warrants Work
Debt warrants give a lender the right to buy shares at a fixed price alongside a loan. How warrant coverage works, what it costs in dilution, and which lenders take warrants.