Tuber initiated a first close of $50,000 via a fundraising effort which started this month. 5% of the $1 million non-brokered equity offering was placed with a single investor. The company has a year to raise an additional $950,000 in funding. This is the first time Tuber is raising money on the private placement market.
The company is likely developing a product related to media, marketing and sales.
Tuber, headquartered in Atlanta GA, was registered in 2012. Tuber elected not to disclose its revenues. The board of directors includes Drew Reifenberger and Jon Bradway.
Status: First close
Industry: Other Technology
Amount offered: $1,000,000
Amount placed: $50,000