$175m invested in 415 Software Founders. Non dilutive capital. Founder, CEO at Founderpath.
Founderpath is acquiring Boopos to help fund AI Software Acquisitions. How much are we paying? The deal Deal value is in the 8 figures. Here’s why Juan and I did the deal: I've long respected Juan and his team: → They've deployed $80m → They've financed 200 founders → They've raised $94m in debt and equity to grow their platform AI and LLM's are changing everything: → In 2025, anyone can be a software founder with tools like Cursor, Lovable, Replit, Bolt, v0 → Thousands of founders reading this will hit $1-$5m of revenue in the next 12-24 months → At some point, they’ll want liquidity → Today, there is not a lot of liquidity at this stage and deals take 3+ months Founderpath acquired Boopos to: → Decrease time to close to under 1 month (buyers get capital faster) → Support founders and buyers with fast/clear terms → So far, we’ve deployed $200m to 550 software companies Example SaaS M&A Deal funded by Founderpath: → Founder has $3m ARR. → Selling for $7m where $3m is cash upfront. → Usually, the buyer puts up the full $3m. → Founderpath will put up ~50% ($1.5m) of ARR enabling buyers to preserve their cash and founders to make more at close SaaS Search funds, Micro PE shops: → You can buy more companies using leverage from Founderpath → We fund in under 48 hours → Some of my favorite buyers are saas.group, itrinity, Capacity, Camber Partners, Banyan Software, Constellation Software Inc., Tobyn Sowden at Redbrick What this means for founders exiting: → Get more cash up front → Encourage your buyer to get funding from Founderpath → Get a better deal done (cash up front for you) If you’re a founder thinking about exiting… Or a buyer acquiring SaaS companies… I’ll linkedin DM you our sample term sheet immediately: Click like on this post. Comment “Show me the deal” or “transparency wins!” Below. Send me connection request - Nathan PS: If you’re a fintech helping software founders like Boopos... and considering an exit ...we’d love the opportunity to make you an offer. Shoot me a Linkedin DM. Thank you to Riley Kaminer for capturing the story in Refresh Miami this morning.
Exciting - will you keep doing similar deals as Boopos did in the past vs. traditional Funderpath founding?
Holy shit, this is good. Met them at SaaStock last year. Great to see this. Congrats, Nathan Latka !
This is a big deal. I've been following them for a while and have spoken with them numerous times. Good peoples.
Come on Nathan Latka! Congratulations but if you were interviewing a founder who said they'd done 'an 8 figure deal', you'd be ripping into them. Spill the beans like you want them to be spilled. :-)
Wow! Congrats! Always moving forward.
Exciting new stage for all of us! I could not think of a better home for Boopos. A strong balance sheet, a strong track record, a solid reputation and the best underwriting technology are key to scale a lending business, and Founderpath has built it all. I am also sure there will be synergies with our new M&A advisory business, L40, as Founderpath deploys capital in roll-up companies and acquirers. Thanks to Nathan Latka, Jared Neal and the whole Founderpath team. Keep rockin'!
congrats dude this is awesome - one day Cometly will probably be on there as a successful founderpath customer 😎
Congrats! I've worked with the Boopos team a few times over the years and they've always been the upmost professionals to work with!
Show me the deal
$175m invested in 415 Software Founders. Non dilutive capital. Founder, CEO at Founderpath.
13hFull story here: http://refreshmiami.com/news/boopos-acquired-by-founderpath-in-an-eight-figure-deal-paving-the-way-for-more-saas-ma-financing/