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.
Case Study

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.
Case Study

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
What is a startup balance sheet: assets of $210,000 equal liabilities of $170,000 plus equity of $40,000 on one date, from the year-one SaaS example in this guide
Finance

Startup Balance Sheet Template: How to Build & Read Your First One

A startup balance sheet lists what your company owns (assets), what it owes (liabilities) and what belongs to the owners…

June 26, 2022 • 16 min read