Zola reports $2.6 million investment round


zola Zola raised $2.6 million as part of a fully subscribed non-brokered equity offering. The subscription, which started one month ago, lured five investors. Until this disclosure Zola had raised an estimated $3.5 million in unregistered securities via one previous financing round.

Zola markets and develops a wedding registry website that offers a new way for modern couples to register for homewares, kitchen equipment, furniture, food, bicycles, experiences, honeymoon funds and cash funds. Couples can create highly customizable registry with single checkout, and unique features for guests, such as group gifting.

Shan-lyn Ma (CEO) leads the New York NY based company which was registered in 2013. Zola elected to keep its revenues undisclosed.
The executive team includes Nobu Nakaguchi.
The board of directors includes Joshua Kushner and Kevin Ryan.

The company has raised an estimated total of $6.1 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Zola
Industry: Other Technology
Amount offered: $2.6 million
Amount placed: $2.6 million
First sale: 09-18-2014
Data as of: 10-16-2014

For more information visit www.XDATA.co

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