XDATA – September 24th 2014
Ghostruck‘s first close reached $1.2 million. The company’s $1.8 million non-brokered equity issue was 67% sold to twelve investors. The first commitments were received last Friday. $602,000 in additional funding can be raised before September 2015 based on the placement’s structure. The equity offering’s estimated net proceeds will amount to $1.78 million which excludes $20,000 to be paid toward officers’ salaries. Until this disclosure Ghostruck had raised an estimated $35,000 in unregistered securities via one previous financing round.
Ghostruck markets and develops a marketplace where people who need to move their furniture get matched with a moving company that has an empty truck going their way. Users take a snapshot of their belongings via the mobile app and get a quote from a screened, licensed and insured professional mover.
Paul Nathanael Nienaber (CEO) leads the Seattle WA based company which was registered in 2012. Revenues on or below $1 million were reported by Ghostruck.
The executive team includes Andrew Serplus and Damon Strom.
The board of directors includes Aniruddha Gadre and Matthew Hocking.
The company has raised an estimated total of $1.23 million via private unregistered security offerings.
Status: First close
Industry: Other Technology
Amount offered: $1.8 million
Amount placed: $1.2 million
First sale: 09-19-2014
Data as of: 09-24-2014