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As far as I know, Wufoo didn't raise VC. They only raised a small angel round.
by spencerfry 15y ago
As far as I know, Wufoo didn't raise VC. They only raised a small angel round.
- dr_ 15y agoThe total amount raised, according to Crunchbase, was $118,000 (18000 YC + 100000 Angel). This was in 2006, so assuming there has been no other investments made, looks like their revenues must have been pretty decent to be able to support their operations.
- paraschopra 15y agoIf you consider a 10x multiple, revenues would have been in $3-4 MM range. Wufoo sets a great example for exits where VCs are not involved but are awesome for founders + employees.
- marcamillion 15y agoYC should be doubly happy. Not only does YC get a nice exit, so does two of it's partners - PG & PB (both of which were the two angels I believe). Talk about a major win.