Ahalogy‘s first close reached $2.27 million. The company’s $2.5 million non-brokered equity issue was 91% sold to twelve investors. The first commitments were received a week ago. Until this disclosure Ahalogy had raised an estimated $3.2 million in unregistered securities via one previous financing round.
Michael Wohlschlaeger (CEO) leads the Cincinnati OH based company which was registered in 2013. Ahalogy elected to keep its revenues undisclosed.
The executive team includes Robert Gilbreath.
The board of directors includes Brent Hill and Tim Kopp.
The company has raised an estimated total of $5.47 million via private unregistered security offerings.
Ahalogy is registered under the name MLW Squared
Status: First close
Industry: Other Technology
Amount offered: $2.5 million
Amount placed: $2.27 million
First sale: 10-07-2014
Data as of: 10-14-2014