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Can I raise Venture Capital after receiving a Paintbrush Loan?
Can I raise Venture Capital after receiving a Paintbrush Loan?
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Written by Kaela Worthen
Updated over a week ago

Yes! Venture capital is a great model for the right kind of startup (FWIW we are a venture backed company ourselves). In fact, our success team is happy to help Paintbrush companies to get in touch with venture funds, just ask your account manager!

Since the Paintbrush Loan is limited to $50k per startup, we expect nearly all of our startups will need future financing from debt or equity partners. As a founder, it'll be up to you to decide what's best.

Also, a quick reminder that the Paintbrush Loan does not accelerate after a venture financing. The loan doesn't change pricing or repayment pacing at all after a venture round. You can choose to use your venture financing to repay the loan all at once if you want to, or just stick with your original schedule.

Most importantly, the Paintbrush Loan does not transform into equity like a convertible note or SAFE Note or contain warrants or options of any kind.

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