PE digital media company closed on a $350,000 equity private placement with four investors

Privcap successfully completed its $350,000 equity offering which started last month. The non-brokered private placement was subscribed by four investors. The company raised an estimated $515,000 via one offering until now. Privcap is backed by Noson Lawen Partners a growth capital investor specialized in information and media companies.

Privcap is a digital media company focused on video content vital for private capital market participants. The company produces and distributes exclusive video interviews and panel discussions across a range of topics relevant for the global private capital market community. A single user subscription costs $895 per year while a company-wide subscription goes for $5,495.

The company, headquartered in New York NY, is led by David B. Snow (Co-founder and CEO). The executive team includes Gill Torren (Co-founder and President) and Matthew Malone (Editorial Director). Privcap elected not to disclose its revenues.

Offering recap:
Status: Completed/Final close
Company: Privcap
Industry: Other
Amount offered: $350,000
Amount placed: $350,000


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