A first close of $380,000 was initiated by Curiosityville on its fundraising effort started this month. 76% of the $500,000 non-brokered debt offering was placed with sixteen investors. The offering will remain open for a year during which the company may raise an additional $120,000. The company placed $415,000 with seven investors in December 2011.
Curiosityville developed an on and offline personalized play and learning platform for kids 3-8 and their parents. The platform incorporates learning activities and technology designed to enable parents to track their child’s progress in real-time and help them and caregivers to become a child’s first teacher and kids to become great learners.
Curiosityville, founded in 2011, is headquartered in Cockeysville MD. It is led by Susan Magsamen (President and Chief Executive Officer). Revenues were not available for the latest reporting period. The executive team includes Henry Harbin. The board of directors includes Frank Bonsal.
Status: First close
Industry: Other Technology
Amount offered: $500,000
Amount placed: $380,000