Found is an online banking platform that incorporates business banking, expense management and tax services for small businesses and self-employed individuals.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/10/2024 | Series C | $50.25MM | $xx.xx | $411.17MM | Sequoia, Founders Fund, Lightspeed Venture Partners, Khosla Ventures | |
Price per Share
$xx.xx
Shares Outstanding
26,336,476
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia, Founders Fund, Lightspeed Venture Partners, Khosla Ventures
|
||||||
02/23/2022 | Series B | $60MM | $xx.xx | $344.51MM | Sequoia, Founders Fund | |
Price per Share
$xx.xx
Shares Outstanding
32,345,011
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia, Founders Fund
|
||||||
05/20/2021 | Series A | $12.75MM | $xx.xx | $63.81MM | Sequoia | |
Price per Share
$xx.xx
Shares Outstanding
28,542,645
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia
|
||||||
10/15/2020 | Series A-3 | $1.15MM | $xx.xx | $20.36MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,040,522
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
10/15/2020 | Series A-2 | $800,026 | $xx.xx | $20.36MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,513,513
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|
||||||
10/15/2020 | Series A-1 | $499,999 | $xx.xx | $20.36MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
6,756,756
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|