Sense reached the $981,000 mark raised via its mezzanine financing

Change: offered +0% / raised +63% / placed 89%

sense incSense disclosed having increased subscription by 63% on its $1.1 million mezzanine financing. An additional $381,000 worth of securities was placed by the company with four investors since the company last released data on April 3rd. This brings to $981,000 the amount raised from the twelve backers who subscribed to the offering. The subscription is structured to close once the 11% left is fully subscribed or in about a year at the latest. This is the first time securities are issued by Sense under a registration exemption.

The company is developing a collaborative cloud-based platform for data science and big data analytics. The platform is currently in beta and free to use. Planned pricing will go from $19 per month for a simple individual plan to $2499 per month for enterprise grade accounts.

Tristan Zajonc (President) leads the San Francisco CA based company which was registered in 2012. Sense kept its revenues undisclosed.

Offering recap
Status: Intermediary close
Company: Sense
Industry: Other Technology
Amount offered: $1.1 million
Amount placed: $981,000
First sale: 03-19-2014
Data as of: 04-21-2014


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s