$10 million was raised by LockerDome following the successful placement and issuance of its unregistered equity securities. A total of forty-four investors participated to the non-brokered placement which started one month ago. The company closed four previous unregistered private placements which raised an estimated $8.51 million.
LockerDome develops and markets what was originally a sports-centric social media platform. The platform has been redesigned around discovery to enables users to engage with any content they like. Investors include Cultivation Capital, St. Louis Arch Angels, and Capital Innovators.
The company is headquartered in St. Louis MO. LockerDome elected to keep its revenues undisclosed.
The executive team includes Gabriel Lozano and Mark Lewis.
The board of directors includes Brian Matthews, Clifford Holekamp and James McKelvey.
The company has raised an estimated total of $18.51 million via private unregistered security offerings.