Dering Hall’s offering lures eighteen backers

dering hall So far eighteen investors participated to Dering Hall‘s $3 million non-brokered financing round. Financial backers bought, almost two weeks ago, 84% of the offering or $2.52 million worth of equity. Based on the offering’s structure, the company has until January 2016 to raise an extra $480,000. This is the first time Dering Hall is selling securities under a registration exemption.
Dering Hall develops and markets an online marketplace for the finest interior designers, architects, artisans, and design galleries to showcase their work and sell new, high-end home furnishings and accessories. Clients can also connect with designers for projects.
Peter Sallick (President) leads the New York NY based company which was registered in 2013. Dering Hall elected to keep its revenues undisclosed. The executive team includes Steven Gambrel. The board of directors includes Jennifer Gilbert and Ross Geisel.
Offering recap Status: First close Company: Dering Hall Industry: Other Technology Amount offered: $3 million Amount placed: $2.52 million SEC filing: Source First sale: 01-09-2015 Data as of: 01-16-2015

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