# wired $10m+ last month Canonical: https://brew.new/templates/founderpath/wired-10m-last-month Brand: founderpath.com Category: promotional ![Preview of wired $10m+ last month](https://cdn.brew.new/email-preview-78d89f217f1c4216-tracking_r57wyk1876a6ha8vv7jhrz26t18g42wa-1791811274587.png) ## Email content It's Nathan. I'm looking to invest in 5 SaaS companies doing at least $1m in revenue. In September alone, Founderpath committed $10m+ in new capital to founders who needed money without giving up ownership. Many SaaS founders default to two doors: a) VC b) Banks The VC market is booming, but for a very specific SaaS profile. Carta's State of Private Markets report for Q1 2026 shows where the money went: Startups on Carta raised $30.4b in Q1 2026, already ahead of last year's pace Over 60 cents of every venture dollar went to AI companies, the highest share Carta has recorded. Inside SaaS, 83% of the capital went to AI startups An AI foundational-model company at Series A raises at around a $300m median. A non-AI startup at the same stage sits at $55m If you're running a B2B SaaS company at $1m to $10m in revenue, the pie got bigger, but your slice didn't. VCs want your equity, the most expensive way to fund your SaaS: Sell 20% for $1m, then exit at $50m. You left $10m on the table. Banks don't take your equity, but they price it differently. They ask for a personal guarantee They underwrite profit, which means a growing SaaS company that reinvests everything looks like a bad loan. In summary: If you run a B2B SaaS company at $1m to $10m in revenue and you're not an AI company, you're raising from the 17% of SaaS capital that didn't go to AI. Bank money comes with a personal guarantee. I'm offering you another option: Non-dilutive capital. 0 equity taken, no warrants, no board seats, no full personal guarantee Funds in your account fast after you connect your data We take a lien on business assets, and you can repay early without penalty A few companies we've backed (out of 750): Customers.ai, Larry Kim took $400k five business days after connecting his data, when revenue had flatlined at $1m. He rebuilt the product and says he raised his Series A at 10x the valuation. BoomNow, Shahar Goldboim used our capital to strengthen his balance sheet before his raise, then closed $12.7m. He credits it for a higher valuation. BetterComp took $1.75m and kept 100% of the company through that growth phase. In 2025 they closed a $33m Series A led by Ten Coves Capital. ContactMonkey, Scott Pielsticker took $1m non-dilutive and got to $1m in revenue before raising any equity. Monjur, Rob Scott took $750k with 0 equity taken. He spun it out of his law firm in 2022 and it now protects 1,000+ managed service providers. Learning Explorer, Mark Rankovic took $2.5m with 0 equity taken. He owns exactly as much of the company today as he did before the deal. The process is simple: Apply for capital here. Connect your billing, bank, and accounting data. See your terms in under 5 minutes. We work with 3 main funding options: Revenue Financing: $1m to $3m revenue. Discount rates from 7%. Funded in 24 hours. Term Loans: $3m+ revenue. Interest from 15%. Up to 4 years. No warrants. Merchant Cash Advance: Seasonal cash flow. Repay from 5% of monthly sales. Would you consider a deal like this? Reply if you have any questions. I'll get back to the first 10 founders who reply after my run. Nathan Latka CEO, Founderpath PS: We've invested $273m across 750 founders. See 8 deals in detail here. Founderpath, 815A Brazos Street, , Austin,TX,78701,USA,(210) 718-8920 If you do not want to receive CEO training invites, SaaS templates, or tactics from other CEO's, you can unsubscribe or manage preferences. No new SaaS tactics will be sent to you. [Open and remix this design](https://brew.new/templates/founderpath/wired-10m-last-month) [Browse email designs](https://brew.new/browse/templates)