Procellera successfully completed a $5 million non-brokered equity financing round. A total of eight investors started to subscribe to the round one month ago. Two previous unregistered financing rounds raised an estimated $10 million.
The company, headquartered in Tempe AZ, is led by Michael Nagel (CEO). Revenues on or below $1 million were reported by Procellera.
The executive team includes Jeff Stevens, Jeffry Skiba, Mary Maijer, Michel Tanguay, Paul Foster, Sandra Mendez and Scott Weaver.
The board of directors includes Eugene Schneller.
The company has raised an estimated total of $15 million via private unregistered security offerings.
Procellera is registered under the name Vomaris Innovations
Industry: Other Health Care
Amount offered: $5 million
Amount placed: $5 million
First sale: 09-12-2014
Data as of: 10-20-2014