AthletePath, Inc. closed on its $500,000 mezzanine financing which was subscribed by 10 investors. The company raised an estimated $1.1 million since its inception via non-brokered private placements. The company includes as investor the Willamette University Angel Fund.
The company is the social way for athletes to promote and celebrate their races. The platform enables race directors to promote their events well in advance and racers to easily register and access and share personalized stats with their friends and family during and after the race.
AthletePath, headquartered in Portland OR, was founded by David Embree (CEO) and Bob Mahoney in October 2006.