Change: offered +50% / raised +62% / placed 100%
FINsix markets and develops an AC/DC power platform designed to be scalable for applications from 20W to 1kW. The company’s goal is to embed its converters across a range of applications to enable a new class of smaller, lighter, and higher performance power electronics. For now the company is marketing DART, a small, stylish, lightweight laptop adapter that comes in multiple colors.
The company, headquartered in Menlo Park CA, is led by Vanessa Green (CEO). FINsix elected to keep its revenues undisclosed.
The executive team includes Anthony Sagneri.
The board of directors includes Arunas Chesonis, Larry Walker and Matthew Nordan.
The company has raised an estimated total of $10.98 million via private unregistered security offerings.
Industry: Other Energy
Amount offered: $5.23 million
Amount placed: $5.23 million
First sale: 03-31-2014
Data as of: 10-30-2014