Category: Equity

On-demand fashion brand AYR unveils details on its $6.23 million unregistered offering


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XDATA – June 24th 2016
After twenty financial backers subscribed to 88% of its equity financing round, AYR disclosed initiating a first close after raising $5.5 million. The subscription to the $6.23 million non-brokered private placement started a week ago according to information filed with the SEC. Based on the offering’s structure, the company has until June 2017 to raise an extra $735,000. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.
The company is an on-demand women’s apparel brand that makes high-quality pieces designed for everyday life. The company spun-out of Bonobos. Investors include Leandra Medine, Scott Morrison, Hayley Barna (First Round Capital), and Andy Dunn (Bonobos).
AYR, registered in 2016, is headquartered in New York NY. It is led by Margaret Winter (CEO). Revenues were not disclosed.
The executive team includes Alexander Reich, Jacqueline Cameron and Max Bonbrest.
The board of directors includes Andrew Dunn, Jack Schwefel and Sanderson Cass.
Offering recap
Status: First close
Company: AYR
Industry: Retailing
Amount offered: $6.23 million
Amount placed: $5.5 million
SEC filing: Source
First sale: 06-17-2016
Data as of: 06-24-2016

And this one, Heatworks disclosed issuing $5 million worth of equity

If you use Mattermark or CrunchBase here’s what you missed! lol

Moog issues $31.6 million worth of equity

SeedInvest launched a $7.5 million offering and placed 68%

Snapchat closed its equity security offering after increasing its fundraising cap by…$1.27Bln


Change: offered +178% / raised +236% / placed 100%
XDATA – May 25th 2016
Snapchat closed its unregistered equity offering after increasing the placement’s size by 178% to $1.81 billion. The offer closed after the company raised $1.27 billion from one hundred and twenty-two additional investors within a year. At closing, a total of one hundred and fifty-seven investors had subscribed to Snapchat‘s offering. The company closed four unregistered private placements which raised an estimated $615.21 million.
Snapchat markets and develops a photo messaging application that allows users to communicate by taking photos or recording videos, add text and drawings, and send them. Investors include Lightspeed Venture Partners, Benchmark Capital, Coatue Management, Institutional Venture Partners and General Catalyst Partners.
The company is headquartered in Venice CA. Snapchat elected to keep its revenues undisclosed.
The executive team includes Andrew Vollero, Chris Handman, Evan Spiegel, Imran Khan and Robert Murphy.
The board of directors includes Joanna Coles, Michael Lynton, Mitch Lasky and Stanley Meresman.

The company has raised an estimated total of $2.42 billion via private unregistered security offerings.

Offering recap
Status: Completed
Company: Snapchat
Industry: Other Technology
Amount offered: $1.81 billion
Amount placed: $1.81 billion
SEC filing: Source
First sale: 02-17-2015
Data as of: 05-25-2016

Aquion Energy’s offering lures eighteen backers and raised $33 million


More info, other stories and profiles available here
XDATA – April 26th 2016
So far eighteen investors participated to Aquion Energy‘s $60 million non-brokered financing round. Financial backers bought, a few months ago, 55% of the offering or $33.2 million worth of equity. $26.8 million in additional funding can be raised before January 2017 based on the placement’s structure. The company closed four previous unregistered private placements which raised an estimated $124.97 million.
Aquion Energy markets, manufactures and develops Aqueous Hybrid Ion (AHI™) battery systems that are optimized for stationary, long duration daily cycling applications. This includes off-grid and microgrids, energy management, and grid-scale energy storage applications. The company’s battery systems provide flexible, modular energy storage that optimizes existing generation assets and enables broad adoption of renewable energy technologies such as wind and solar. Batteries can be assembled into systems ranging from kilowatt-hours to megawatt-hours. Financial backers include by Advanced Technology Ventures, Bright Capital, Foundation Capital, Kleiner Perkins Caufield & Byers, and Bill Gates.
The company, headquartered in Pittsburgh PA, is led by Scott A Pearson (CEO). Aquion Energy elected to keep its revenues undisclosed.
The executive team includes Jay Whitacre and John Connolly.
The board of directors includes Bill Wiberg, Jan Van Dokkum, Ray Lane, Steve Vassallo and Thomas R McDaniel.

The company has raised an estimated total of $158.17 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Aquion Energy
Industry: Other Energy
Amount offered: $60 million
Amount placed: $33.2 million
SEC filing: Source
First sale: 01-27-2016
Data as of: 04-26-2016

Cabify raised $93.45 million in equity at first close


For the whole story go here.

That was reported by XDATA 12 hours ahead of heavy weight WSJ and specialist TechCrunch.

Of course all other Form D based news service never made the connection:

Maxi Mobility = Cabify

Cheddar reports $3 million investment round


www.XDATA.co
XDATA – February 19th 2016
Cheddar raised $3 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on February 4th, lured six investors. No offering was previously initiated by the company under a registration exemption with the SEC.
The company is a business news organization that streams live content primarily from the New York Stock Exchange trading floor. Investors include Jeremy Liew, WGI Group, Homebrew, Jerry Speyer and David Fiszel.
Cheddar, registered in 2016, is headquartered in New York NY. It is led by Jonathan Steinberg (President). Revenues were not disclosed.
The board of directors includes Jeremy Liew.
Offering recap
Status: Completed
Company: Cheddar
Industry: Other
Amount offered: $3 million
Amount placed: $3 million
SEC filing: Source
First sale: 02-04-2016
Data as of: 02-11-2016

Investors buy $6.62 million worth of Skuid’s equity


www.XDATA.co
XDATA – February 19th 2016
Skuid disclosed placing 69% of its $9.62 million non-brokered equity issuance. Based on the filing, four investors started to subscribe to the $6.62 million first close almost two weeks ago. $3 million in additional funding can be raised before February 2017 based on the placement’s structure. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.
Skuid markets and develops a software that enables the development of bespoke user experience fast and without code. Developers can connect, assemble, deploy, and adjust inside one seamless, code-free platform. Investors include Salesforce Ventures.
Skuid, registered in 2016, is headquartered in Chattanooga TN. It is led by Ken McElrath (President). Revenues were not disclosed.
The board of directors includes Brian Hoekstra and Hasan Askari.
Offering recap
Status: First close
Company: Skuid
Industry: Other Technology
Amount offered: $9.62 million
Amount placed: $6.62 million
SEC filing: Source
First sale: 02-08-2016
Data as of: 02-19-2016