Change: offered +13% / raised +126% / placed 100%
XDATA – September 5th 2014
Bold Financial Technologies closed its unregistered equity offering after increasing the placement’s size by 13% to $2.17 million. The offer closed after the company raised $1.21 million from two additional investors within a little over six months. At closing, a total of ten investors had subscribed to Bold Financial Technologies‘ offering. This was the first offering under regulation D filed by Bold Financial Technologies.
The company rebranded. It raised money under the Yoyocard name in January.
Bold Financial Technologies develops a secure and convenient solution for instant, frictionless transacting in digital currency.
Sean Safahi (President) leads the San Francisco CA based company which was registered in 2012. Bold Financial Technologies elected to keep its revenues undisclosed.
The board of directors includes Alan Safahi, Christopher Gottschalk and Joyce Kim.
Company: Bold Financial Technologies
Industry: Other Technology
Amount offered: $2.17 million
Amount placed: $2.17 million
First sale: 01-14-2014
Data as of: 09-05-2014
XDATA – August 27th 2014
Nubank disclosed placing 96% of its $14.3 million non-brokered equity. Based on the filing, four investors started to subscribe to the $13.79 million first close on August 13th. Until this disclosure Nubank had raised an estimated $2 million in unregistered securities via one previous financing round.
The amount offered reported to the SEC represents the portion of the placement earmarked by the company for US investors.
Nubank develops and markets a credit card controlled by a mobile application, that also provides users full control of their finances on their mobile phones. The company is backed by Sequoia Capital and Kaszek Ventures.
The company was registered in 2013 and has its headquarters located in Sao Paulo, Brazil. Nubank elected to keep its revenues undisclosed.
The executive team includes David Velez Osorno.
The company has raised an estimated total of $15.79 million via private unregistered security offerings.
Nubank is registered under the name Nu Pagamentos.
Status: First close
Industry: Other Technology
Amount offered: $14.3 million
Amount placed: $13.79 million
First sale: 08-13-2014
Data as of: 08-13-2014
|Change: offered +5% / raised +91% / placed 100%|
|Continuity Control closed its unregistered mezzanine offering after increasing the placement’s size by 5% to $1.05 million. The offer closed after the company raised $500,000 from two additional investors within almost six months. At closing, a total of five investors had subscribed to Continuity Control‘s offering. The company closed three unregistered private placements which raised an estimated $5.99 million.|
|Continuity Control develops and markets a compliance management system (CMS) which has been engineered to reduce the regulatory impact (time, cost and risk) for community banks and credit unions. The single, unified system automates the entire regulatory lifecycle, managing regulatory updates, policies, procedures, risk, vendors, audit, business continuity and exam preparation along with compliance strategy and planning.|
|The company, headquartered in New Haven CT, is led by Andrew Greenawalt (CEO). Continuity Control kept its revenues undisclosed.
The board of directors includes Carl Blandino, Michael Nicastro and Peter Longo.The company has raised an estimated total of $7.04 million via private unregistered security offerings.Continuity Control is registered under the name Continuity Engine
So far eighteen investors participated to CariCord‘s $500,000 non-brokered financing round. Financial backers bought, a few months ago, 90% of the offering or $450,000 worth of equity. The equity offering’s estimated net proceeds will amount to $400,000 which excludes $100,000 to be paid toward officers’ salaries. This is the first time CariCord is selling securities under a registration exemption.
CariCord offers private consumers cord blood and umbilical cord tissue banking services under pharmaceutical grade practices nationwide. The laboratory and repository are located at the University of Colorado’s Anschutz Medical Campus. Prices range from $795 for cord tissue banking to $2,790 for cord blood and tissue banking. Prices cover the collection kit, courier fees and processing. Prepaid storage pricing can go up to $3,750 for 20 years while year to year storage costs between $150 to $250.
Calvin Cole (President and CEO) leads the Irvine CA based company which was registered in 2013. Revenues on or below $1 million were reported by CariCord.
The executive team includes Brian Mcenroe, John Gabriel and Max Brandt.
The board of directors includes Brian Freed and Harry Kloor.
Status: First close
Industry: Other Health Care
Amount offered: $500,000
Amount placed: $450,000
First sale: 12-27-2013
Data as of: 03-26-2014