Splyt Easy reached its $100,000 fundraising target


splyt EasyBased on information filed with the SEC, Splyt Easy reported the successful subscription and close of its non-brokered equity financing. One financial backer invested $100,000 three weeks ago. No offering was previously initiated by the company under a registration exemption with the SEC.

The company is developing a mobile application (app) to streamline the payment process for the restaurants and bars. Despite the app not being released yet, it seems the company will be offering establishments features like custom user interface, advertising and reward programs, and an analytical platform for businesses to know their customers.

There are other companies offering similar services such as CheckMate by Parametric Dinning and Zuldi which specifically features a tab splitting option. Both companies raised funds in 2013.

The company was registered in 2013 and has its headquarters located in Scottsdale AZ. Revenues on or below $1 million were reported by Splyt Easy.
The executive team includes Michael D Sutton.

Offering recap
Status: Completed
Company: Splyt Easy
Industry: Other Technology
Amount offered: $100,000
Amount placed: $100,000
First sale: 03-17-2014
Data as of: 04-10-2014

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