SCR Technologies raised $607,000 as part of a fully subscribed non-brokered equity offering. The subscription, which started on May 26th, lured five investors. No offering was previously initiated by the company under a registration exemption with the SEC.
SCR Technologies develops two software-as-a-service (SaaS) platforms designed to connect companies with consumers. The goal is to allow consumers to know precisely what products are made of and how they are made. Consumers can then use a mobile application (app) to make educated choices related to their purchases or where to buy a product encapsulating specific criteria.
The company is headquartered in Ridgway CO. SCR Technologies elected to keep its revenues undisclosed.
The executive team includes Randal Fischer.
Company: SCR Technologies
Amount offered: $607,000
Amount placed: $607,000
First sale: 05-26-2014
Data as of: 06-06-2014