Fillout — Funding & Company Data
Financial overview and investor data for Fillout.
Founded
2022
Stage
Seed
Total Raised
—
HQ
Chicago, IL
Team
11-50
Model
freemium
Analyst Take
Fillout's funding strategy is unconventional and signals a high degree of capital efficiency. By raising a single seed round from a roster of highly respected founders and operators like Nat Friedman (former GitHub CEO), Dylan Field (Figma founder), and Elad Gil, the company has prioritized strategic capital over large, traditional venture rounds. This approach, combined with their claim of profitability and "negative lifetime burn," is a strong indicator of product-market fit and a sustainable business model.
The company is not chasing growth at all costs. Instead, it appears focused on building a durable business that can operate for many years without needing to "chase additional capital." This financial discipline is rare in the high-growth SaaS world and suggests a mature, product-led growth engine. The quality of their angel investors provides significant social proof and access to a powerful network, which can be more valuable than capital alone in the early stages. For a user, this financial posture reduces the risk of the service becoming defunct or making drastic pricing changes to satisfy venture-scale growth expectations.
Stability
Fillout appears highly stable. The combination of a seed round from prominent investors, stated profitability, and negative lifetime burn suggests the company has a very long runway and is not dependent on future financing.
Growth
The company is in a strong growth phase, serving over 100,000 organizations and processing a form completion every second. Its focus on capital efficiency alongside this growth indicates a sustainable and deliberate expansion strategy.
For Buyers
For a potential buyer, Fillout's financial stability and profitability significantly de-risk the decision to adopt the tool. The company is well-capitalized to support long-term product development and is unlikely to disappear, making it a safe choice for critical business workflows.
Funding Timeline
Investors: Elad Gil, Nat Friedman, Cristina Cordova, BoxGroup, Gordon Ritter, David Apple, Lachy Groom, Liu Jiang, Dylan Field