Portfolium files for first close after raising 82%

portfoliumPortfolium‘s first close reached $615,000. The company’s $750,000 non-brokered equity issue was 82% sold to eleven investors. The first commitments were received a few days ago. Based on the offering’s structure, the company has until June 2015 to raise an extra $135,000. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.

Portfolium develops and markets an interactive portfolio network and showcase platform. The platform targets students, recent graduates, young and experienced professionals who want to visually showcase their projects, skills and experiences beyond the limits of a traditional resume.

Portfolium, registered in 2014, is headquartered in San Diego CA. It is led by Adam Markowitz (CEO). Revenues were not disclosed.
The board of directors includes Allison Long and Neal Bloom.

Offering recap
Status: First close
Company: Portfolium
Industry: Other Technology
Amount offered: $750,000
Amount placed: $615,000
First sale: 06-09-2014
Data as of: 06-13-2014


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