Ben Fischman’s M. Gemi reported raising $18 million

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XDATA – November 3rd 2015
M. Gemi successfully completed a $18 million non-brokered equity financing round. A total of eight investors started to subscribe to the round on October 19th. Two previous unregistered financing rounds raised an estimated $13.2 million.
M. Gemi markets and develops a direct to consumer platform that offers a line of handcrafted women’s footwear in weekly limited editions. Investors include General Catalyst, Forerunner Ventures and Breakaway Ventures.
The company was registered in 2014 and has its headquarters located in Boston MA. M. Gemi elected to keep its revenues undisclosed.
The executive team includes Benjamin D Fischman, Cheryl Kaplan and Edward M McNamara.
The board of directors includes Harry Nelis, Joel Cutler and Kirsten Green.The company has raised an estimated total of $31.2 million via private unregistered security offerings.M. Gemi is registered under the name RCW.
Offering recap
Status: Completed
Company: M. Gemi
Industry: Retailing
Amount offered: $18 million
Amount placed: $18 million
SEC filing: Source
First sale: 10-19-2015
Data as of: 11-03-2015

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