Criteria disclosed reaching its $8.25 million fundraising target

XDATA – October 16th 2015
According to information filed with the SEC, two investors participated on October 1st to Criteria‘s equity fundraising. The non-brokered private placement was fully subscribed and raised $8.25 million. Two previous unregistered financing rounds raised an estimated $865,000.
The company is a provider of professionally developed pre-employment tests, including aptitude, personality, and skills tests.
The company, headquartered in West Hollywood CA, is led by Josh Millet (President). Criteria elected to keep its revenues undisclosed.
The executive team includes David Sherman.
The board of directors includes Eric Loken and Sarah Sommer.

The company has raised an estimated total of $9.12 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Criteria
Industry: Other Technology
Amount offered: $8.25 million
Amount placed: $8.25 million
SEC filing: Source
First sale: 10-01-2015
Data as of: 10-16-2015

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