Not running out of money

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Bootstrapped

MorFi Technologies is bootstrapped by our founder, Matthew.

Utilizing Matthew’s engineering skills and personal funds, as well as our early business partners’ foundational engineering skills, we are able to continue staying alive and serving our customers.

Our priority is: just don’t die.

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Fundraising principles

Rule #1: Avoid fundraising unless all of the following are true:

• It will speed us up.
• We can use the money effectively.
• The partner would improve our board.
• The increased chance of success offsets dilution.
• It reduces stress.

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How do we spend money

Nearly all of the money we spend is on the development of our products.

That’s it. Build products that people want. Use all of the money to do that.