|For more information about this financing and other visit www.XDATA.co|
|XDATA – January 7th 2016|
|SmartPlate‘s first close reached $250,000. The company’s $3.01 million non-brokered equity issue was 8% sold to thirteen investors. The first commitments were received on December 22nd. An additional $2.76 million in funding is to be raised until the offering draws to a close in December 2016. It appears to be the first time the company is filling a security offering under a registration exemption.|
|SmartPlate markets an intelligent plate that instantly analyzes everything a user eats. It is equipped with advanced object recognition and weight sensors which enable it to automatically identify, weigh and analyze the food intake. The device is paired with a mobile application that enables users to track their eating habits over time. The company is backed by University City Science Center and is a DreamIt Health alumnus.|
|The company, headquartered in Philadelphia PA, is led by Caonabo A Ortiz (CEO). SmartPlate elected to keep its revenues undisclosed.
The executive team includes Caonabo Anthony Ortiz.
SmartPlate is registered under the name Fitly.
Status: First close
Industry: Other Technology
Amount offered: $3.01 million
Amount placed: $250,000
SEC filing: Source
First sale: 12-22-2015
Data as of: 01-07-2016