First close of $250,000 on its $1.24 million equity offering for social media platform

A first close of $250,000 was initiated by TapThere on its fundraising effort started last month. 20% of the $1.237 million non-brokered equity offering was placed with two investors. The private placement will remain open for a year while an additional $987,000 is raised by the company. This is the first time TapThere is raising money on the private placement market.

TapThere develops a social media platform. The stealthy platform allows users to define, view, and interact with live experiences and people anywhere in the world.

Curtis Hutten (President) leads the Newport Beach CA based company which was registered in 2012. TapThere elected not to disclose its revenues.

Offering recap:
Status: First close
Company: Tapthere
Industry: Other Technology
Amount offered: $1.237 million
Amount placed: $250,000


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