Choice Pet is in the market with a $3.5 million financing round


XDATA – June 21st 2017
Choice Pet is expecting to raise $3.5 million as part of a non-brokered equity issuance. The company structured the offering to remain open until June 2018 if not fully subscribed. No securities have been subscribed by investors yet. Until this disclosure Choice Pet had raised an estimated $1.5 million in unregistered securities via one previous financing round.
Choice Pet develops a chain of pet stores as well as a website specializing in natural, organic and holistic foods for dogs, cats, companion birds, small animals, fish and reptiles.
The company is headquartered in Stamford CT. No revenues were reported by the company.
The executive team includes E Bulkeley Griswold, Jeffrey I Brodlieb, Stephen T Rossetter, Steven G Chrust and Stewart Shanley.The company reported in the past issuing an estimated $3.08 million worth of securities in conjunction with an M&A transaction.

Choice Pet is registered under the name Choice Pet Venture.
Offering recap
Status: Launched
Company: Choice Pet
Industry: Other
Amount offered: $3.5 million
SEC filing: Source
Data as of: 06-21-2017
Similar transactions
2017-02 $2 million financing completed by RiceBran Technologies (NASDAQ:RBIT)
2015-10 Primo Sales placed its mezzanine financing in full
2015-09 Late filer Protein for Pets files for first close after selling 82%
2015-04 Hannah’s files for first close after selling 69%
2015-02 Mud Bay files details on its $81,000 financing

$10.1 million financing final close reported by late filer LoadSmart


XDATA – June 21st 2017
Late filer LoadSmart reported the successful completion of its $10.1 million unregistered debt financing. All the securities were subscribed by three investors. First commitments were received a year ago. The offering’s structure suggests the placement was scheduled to close before June 2017. A prior unregistered securities offering which raised an estimated $3 million was completed by the company.
LoadSmart markets and develops a trucking logistics and freight brokerage platform.
The company, headquartered in New York NY, is led by Ricardo Salgado (CEO). LoadSmart kept its revenues undisclosed.

The company has raised an estimated total of $13.1 million via private unregistered security offerings.
Offering recap
Status: Completed
Company: LoadSmart
Industry: Other Technology
Amount offered: $10.1 million
Amount placed: $10.1 million
SEC filing: Source
First sale: 06-21-2016
Data as of: 06-21-2017
Similar transactions
2017-06 Vantage Freight placed its mezzanine financing in full
2017-02 Shiplify reports the successful completion of its equity issuance
2016-07 AuptiX files for first close after raising 91%
2016-05 BridgeHaul files offering’s details after placing 60% with investors
2016-02 Sontra launched a $2.3 million offering and placed 49%

Ingo Money files for first close after raising $7.03 million


XDATA – June 15th 2017
Ingo Money‘s first close reached $7.03 million. The company’s $12 million non-brokered equity issue was 59% sold to fourteen investors. The first commitments were received a little over a week ago. $4.97 million in additional funding can be raised before June 2018 based on the placement’s structure. The company closed three previous unregistered private placements which raised an estimated $19.26 million.
Ingo Money markets and develops two business lines. Ingo Network Solutions, operated in conjunction with First Century Bank, is a consumer-direct network accessible via mobile and retail channels. Ingo Enterprise Solutions is an omni-channel commercial platform that enables independently licensed financial services firms to deliver immediate, non-provisional funding and payment services to their customers. Investors include Camden Partners, MissionOG, Spring Capital and CNF Investments. Matrix Partners and Ribbit Capital are also investors following the acquisition of Fuze Network.
The company is headquartered in Roswell GA. Ingo Money elected to keep its revenues undisclosed.
The executive team includes Drew Edwards and Rusty Pickering.
The board of directors includes Bailey Robinson, Dickson Chu, Gene Lockhart, Jennifer Hsin, John Collins and Vince Talbert.

The company has raised an estimated total of $26.29 million via private unregistered security offerings.
In addition, the company reported in the past issuing an estimated $7.05 million worth of securities as part of M&A transactions.
Offering recap
Status: First close
Company: Ingo Money
Industry: Other Technology
Amount offered: $12 million
Amount placed: $7.03 million
SEC filing: Source
First sale: 06-05-2017
Data as of: 06-15-2017
Similar transactions
2017-04 Digiliti Money Group (OTCQB:CAFN) reported closing its private placement after a decrease in size and commitments
Change: offered -5% / raised -5% / placed 100%
2017-04 Ezuza sells $700,000 worth of securities
2017-03 Allied Payment Network filed a first close at $13,000
2017-02 Tickmark reports successful placement of its mezzanine securities
2017-01 PayNearMe files for first close after raising 68%

POSaBIT disclosed its equity placement was 90% completed


Change: offered +0% / raised +38% / placed 90%
XDATA – June 13th 2017
According to the information disclosed by POSaBIT, subscription to its $1.5 million equity issuance increased by 38%. An additional $375,000 worth of securities was placed by the company with two investors since the company last released data almost six months ago. This brings to $1.35 million the amount raised from the fourteen backers who subscribed to the offering. The subscription is structured to close once the 10% left is fully subscribed or in six months at the latest. This is the first offering initiated by the company under regulation D of the Securities Act of 1933.
POSaBIT markets and develops a point-of-sale software solution that makes it simple for consumers to acquire cryptocurrency (bitcoin) at the point of sale and then use this currency to make purchases at the store or any place that accepts bitcoin.
The company, headquartered in Seattle WA, was registered in 2015. POSaBIT elected to keep its revenues undisclosed.
The executive team includes G Scott Greenburg, Jon Baugher and Ryan Hamlin.
The board of directors includes Jeff Dossett and Mike Markette.
Offering recap
Status: Intermediary close
Company: POSaBIT
Industry: Other Technology
Amount offered: $1.5 million
Amount placed: $1.35 million
SEC filing: Source
First sale: 12-21-2016
Data as of: 06-13-2017
Similar transactions
2017-02 BitPagos filed for first close after raising 84% of its financing round
2016-11 SNAPCARD unveils details on its $5.86 million unregistered offering
2016-06 iPayYou files offering’s details after placing 10%
2016-02 NetCents Systems files details on its $30,000 financing
2015-11 Late filer Bitcash sold $15,000 worth of securities

$2 million equity private placement is initiated by DreamFunded Real Estate


XDATA – June 12th 2017
A $2 million non-brokered equity financing round is being launched by DreamFunded Real Estate. The placement is structured to close in June 2018 should the fundraising target not be reached. The company didn’t report selling securities thus far. This is the first time the company is filling a security offering under a registration exemption with the SEC.
DreamFunded Real Estate markets a funding portal for accredited and non-accredited investors to invest in real estate properties. The company is related to DreamFunded which raised a few funds DreamFunded Diversity Fund 1, DreamFunded TaskRabbit and DreamFunded.com Fund 1.
DreamFunded Real Estate, registered in 2017, is headquartered in San Francisco CA. It is led by Manny Fernandez (CEO). The company reported having no revenues.
Offering recap
Status: Launched
Company: DreamFunded Real Estate
Industry: Other Technology
Amount offered: $2 million
SEC filing: Source
Data as of: 06-12-2017
Similar transactions
2017-04 $1 million unregistered debt financing and first close reported by GROUNDFLOOR
2017-02 First close initiated by FundPaaS after raising 10% of its $500,000 target
2017-01 Bazean files offering’s details after placing 35% with investors
2016-11 New $10 million debt offering launched by SureFunding
2016-10 An additional $1.88 million subscribed for Farmfolio’s equity issuance
Change: offered +0% / raised +500% / placed 87%

Utility files details on its $6.6 million financing


XDATA – June 12th 2017
Not to be confused with Utility.com as on Crunchbase.

Utility raised $6.6 million from three financial backers on May 22nd according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.
Utility markets and develops an intuitive platform for effectively capturing, managing and releasing video evidence. The company’s BodyWorn camera and Rocket IoT in-car video system incorporates real-time communications and policy-based automatic recording functionality for the best situational awareness possible during critical times, while it’s AVaiL Web cloud-based digital evidence management solution securely stores captured evidence and offers Smart Redaction – an automatic video redaction software.
The company is headquartered in Atlanta GA. Utility elected to keep its revenues undisclosed.
The executive team includes Robert S McKeeman and Ted M Davis.

Utility is registered under the name Utility Associates.
Offering recap
Status: Completed
Company: Utility
Industry: Other Technology
Amount offered: $6.6 million
Amount placed: $6.6 million
SEC filing: Source
First sale: 05-22-2017
Data as of: 06-12-2017

$17.5 million equity placement completed by Intralytix


XDATA – June 12th 2017
Intralytix disclosed raising $17.5 million as part of a non-brokered equity private placement. One investor acquired the securities almost two weeks ago. The equity offering’s estimated net proceeds amount to $15.62 million excluding $1.88 million earmarked for the payment of officers’ salaries. No offering was previously initiated by the company under a registration exemption with the SEC.
The company is a biotechnology specialized in bacteriophage-based products used to control bacterial pathogens in environmental, food processing, and medical settings.
The company is headquartered in Baltimore MD. Intralytix elected to keep its revenues undisclosed.
The executive team includes Alexander Sulakvelidze, John J Woloszyn and Mel Ruzicka.
The board of directors includes Gary Pasterneck and Patrick Hervy.
Offering recap
Status: Completed
Company: Intralytix
Industry: Other
Amount offered: $17.5 million
Amount placed: $17.5 million
SEC filing: Source
First sale: 05-31-2017
Data as of: 06-12-2017

Weekly report – VC and operating companies captured 3.2% of the overall pool of money raised via Regulation D


XDATA_2014_LOGO_2__VECTORFree VC Weekly Report

During the seven day period, the Regulation D market contracted at a slightly faster pace both in terms of funds raised by issuers and number of transactions. The amount of money raised was propped by a small number of companies that raised unusually big financing rounds. Additionally, the activity of the VC & SMB market contracted with a fundraising and activity growth rates that underperformed the overall Regulation D market.

VC and operating companies captured 3.2% of the overall pool of money raised via Regulation D, however they accounted for 35% of Form D filers during the past seven days. Issuers collected 68 cents for each dollar offered, representing a decline of 14% for the period. Following a more stable trend, compliance scores on average reached 94.

45 issuers, or 31%, checked ” Other “ as industry when filing with the SEC. XDATA through its curating process narrowed it down to 26 or 6.9%.

On-demand fashion brand AYR unveils details on its $6.23 million unregistered offering


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XDATA – June 24th 2016
After twenty financial backers subscribed to 88% of its equity financing round, AYR disclosed initiating a first close after raising $5.5 million. The subscription to the $6.23 million non-brokered private placement started a week ago according to information filed with the SEC. Based on the offering’s structure, the company has until June 2017 to raise an extra $735,000. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.
The company is an on-demand women’s apparel brand that makes high-quality pieces designed for everyday life. The company spun-out of Bonobos. Investors include Leandra Medine, Scott Morrison, Hayley Barna (First Round Capital), and Andy Dunn (Bonobos).
AYR, registered in 2016, is headquartered in New York NY. It is led by Margaret Winter (CEO). Revenues were not disclosed.
The executive team includes Alexander Reich, Jacqueline Cameron and Max Bonbrest.
The board of directors includes Andrew Dunn, Jack Schwefel and Sanderson Cass.
Offering recap
Status: First close
Company: AYR
Industry: Retailing
Amount offered: $6.23 million
Amount placed: $5.5 million
SEC filing: Source
First sale: 06-17-2016
Data as of: 06-24-2016

Weekly report – subscriptions in VC & SMBs increased to $1.89 billion


XDATA_2014_LOGO_2__VECTOR

Download Full Report Here

During the past seven days, the Regulation D market expanded at a faster pace in terms of transactions while the pool of money raised grew at milder rate. Furthermore, the activity of the VC & SMB market expanded at a slower pace than the overall Regulation D market, though fundraising growth outpaced it.

Last week, the number of fundraising transactions increased by 15% to 223. Reg D issuers were significantly more bullish than before and offered the market $2.34 billion worth of securities, an improvement of 91%. Charting a similar path, investors purchased much more, subscriptions rocketed 122% to $1.89 billion.