Tagged: engagement

Unified video chat platfrom Vee24 reports $8.88 million investment round


XDATA – October 20th 2015
Vee24 raised $8.88 million as part of a fully subscribed non-brokered equity offering. The subscription, which started almost two weeks ago, lured five investors. Until this disclosure Vee24 had raised an estimated $5.5 million in unregistered securities via one previous financing round.
Vee24 markets and develops a unified voice, video, text, and co-browsing platform for customer engagement enabling brands to offer their customers the same personalized customer assistance on their websites that they provide in-store. The company is backed by Data Point Capital and Point Judith Capital.
The company was registered in 2013 and has its headquarters located in Cambridge MA. Vee24 elected to keep its revenues undisclosed.
The executive team includes Andrew Henshaw, John Dibartolomeo, Nigel Thomas and Scott Savitz.
The board of directors includes Jeff Glass and Sean Marsh.

The company has raised an estimated total of $14.38 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Vee24
Industry: Other Technology
Amount offered: $8.88 million
Amount placed: $8.88 million
SEC filing: Source
First sale: 10-08-2015
Data as of: 10-20-2015

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Ahalogy files for first close after raising 91%


ahalogy Ahalogy‘s first close reached $2.27 million. The company’s $2.5 million non-brokered equity issue was 91% sold to twelve investors. The first commitments were received a week ago. Until this disclosure Ahalogy had raised an estimated $3.2 million in unregistered securities via one previous financing round.

Ahalogy markets and develops a Pinterest marketing optimization platform. The company’s proprietary technology, authentic content network and access to analytics and insights maximize the likelihood of consumers viewing content, following a brand and converting to revenue. It charges brands only for results. Financial backers include Hyde Park Venture Partners, Origin Ventures, CincyTech, Hyde Park Angels, North Coast Angel Fund and Vine Street Ventures.

Michael Wohlschlaeger (CEO) leads the Cincinnati OH based company which was registered in 2013. Ahalogy elected to keep its revenues undisclosed.
The executive team includes Robert Gilbreath.
The board of directors includes Brent Hill and Tim Kopp.

The company has raised an estimated total of $5.47 million via private unregistered security offerings.

Ahalogy is registered under the name MLW Squared

Offering recap
Status: First close
Company: Ahalogy
Industry: Other Technology
Amount offered: $2.5 million
Amount placed: $2.27 million
First sale: 10-07-2014
Data as of: 10-14-2014

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WeSpire reports successful placement of its mezzanine securities


XDATA – August 29th 2014

wespireA $2 million unregistered mezzanine investment round initiated by WeSpire was subscribed by fifty-one financial backers. According to the information disclosed, the placement started almost two weeks ago and was fully subscribed. Two previous unregistered financing rounds raised an estimated $4 million.

WeSpire markets and develops a cloud-based platform that helps companies engage their employees in sustainability and responsibility initiatives with persuasive technology that builds awareness, drives behavior change and measures business results. The company’s mobile and web platforms empower people to take positive actions at work, at home and in their community. The company is backed by EnerNOC.

The company, headquartered in Boston MA, is led by Susan Hunt Stevens (President). WeSpire kept its revenues undisclosed.
The board of directors includes Anton Szpitalak, Janet Kraus, John Landry and William Wiehl.

The company has raised an estimated total of $6 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: WeSpire
Industry: Other
Amount offered: $2 million
Amount placed: $2 million
First sale: 08-18-2014
Data as of: 08-29-2014

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Modern Mast’s offering lures fifteen backers


modern mastSo far fifteen investors participated to Modern Mast‘s $1.15 million non-brokered financing round. Financial backers bought, on May 1st, 90% of the offering or $1.04 million worth of equity. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC. The company is backed by Vaizra Investments, Advancit Capital, BOLDstart Ventures, Social Starts, and Iowa City Capital Partners.

The company’s goal is to help brands better understand, connect and track their relationships with their social media followers and fans. The company developed SocialRank, a cloud-based freemium tool for brands who want to understand, manage, engage, reward, and track the people who follow them via twitter. The premium version costs $25 per month and offers brands daily and weekly reports as well as information on their top 100 followers. The company also offers custom reports.

Modern Mast, registered in 2014, is headquartered in New York NY. It is led by Alexander Taub (CEO). Revenues were not disclosed.

The executive team includes Michael Schonfeld.

Offering recap
Status: First close
Company: Modern Mast
Industry: Other Technology
Amount offered: $1.15 million
Amount placed: $1.04 million
First sale: 05-01-2014
Data as of: 05-15-2014

Touchtown reached its $82,000 fundraising target


touchtownBased on information filed with the SEC, Touchtown reported the successful subscription and close of its non-brokered equity financing. One financial backer invested $82,000 one month ago. Two previous unregistered financing rounds raised an estimated $445,000.

The company markets and designed a web-based content manager platform to help senior living communities deliver content and offer services on television channels, digital signs, print, websites and tablets. The company also offers safety solutions such as alert pendants, pull cords, and remote daily check-in. via its application developed for residents.

The company is headquartered in Oakmont PA. Touchtown elected to keep its revenues undisclosed.

The executive team includes Jeff Pepper.
The board of directors includes Paul Winkler, Suzanne Teele and William Rooney.

The company has raised an estimated total of $527,000 via private unregistered security offerings.

Offering recap
Status: Completed
Company: Touchtown
Industry: Other Technology
Amount offered: $82,000
Amount placed: $82,000
First sale: 03-31-2014
Data as of: 05-06-2014

VoCare launched $20* million fundraising effort


vocareDespite filing an amendment for its Series A financing round, VoCare confirmed that the company is in the market to raise $20 million via a brokered equity private placement. The company structured the offering to remain open until April 2015 if not fully subscribed. No securities have been subscribed by investors yet. The private placement, excluding $500,000 to be paid toward officers’ salaries and $500,000 to be paid in placement fees, will bring in estimated net proceeds of $19 million. Until this disclosure VoCare had raised an estimated $5 million in unregistered securities via one previous financing round. The company disclosed to Random Research having raised $5 million as part of its Series A financing round despite its previous filing disclosing $3.35 million raised. The company is backed by SAW Capital and Elevate Ventures.

VoCare is a health tech company developing simple to use alert and monitoring products for seniors. Products include MyHealth Tablet which allows physicians and care giver to monitor patients remotely. The tablet has the ability to capture all patient vital signs (such as weight, blood pressure, glucose reading, temperature, oxygen level, and others), as well as conduct a “remote office visit” with a patient. It also offers audio and visual medication reminders, physical therapy alerts, and patient education on relevant topics. The tablet is Health Insurance Portability and Accountability Act (HIPAA) compliant. Other products include a personal emergency response system, a mobile phone solution as well as a call center.

The company, headquartered in Indianapolis IN, is led by Steven R Peabody (President and CEO). VoCare elected to keep its revenues undisclosed.

*The size is well outside our coverage however it shows how analysis and research can turn a questionable filing into news.

Offering recap
Status: Launched
Company: VoCare
Industry: Other Health Care
Amount offered: $20 million
Data as of: 04-25-2014

HealthTech patient engagement platform announces second offering in a month


Health Recovery SolutionHealth Recovery Solutions launched a new $500,000 equity financing round. Thus far $200,000 was placed on January 19th with two investors. The company disclosed having initiated another offering on January 7th, it is unclear if the placement was sold in full prior the launch of this offering. Three previous financing rounds raised an estimated $1.6 million bringing the total estimated amount raised to $1.8 million.

The company develops and markets a solution to lower hospitals’ readmission rates by providing hospitals and accountable care organizations (ACO) an early warning system to manage their highest risk patients. Under Medicare laws, hospitals with high readmission rates can incur multi-million dollar penalties. ACOs are networks of doctors and hospitals that shares responsibility for providing coordinated care to patients in hopes of limiting unnecessary spending. High risk patients receive after their admission a 4G tablet, loaded with individualized instructions and videos to follow while they are in the hospital and when they return home. Once at home, patients track their progress towards key milestones, such as taking medication as prescribed, weighing themselves, and staying appropriately active. The tablet aggregates, streamlines, and digitalizes essential patient real-time data and delivers it to hospitals and caregivers. The data can be analyzed via a web monitoring portal as well as smartphone applications.

The New York, NY based company is lead by Jarrett Bauer (President, CEO and co-founder). Revenues were not disclosed. The executive team includes Rohan Udeshi (COO and co-founder) and Daniel Priece (CTO).

Offering recap
Status: First close
Company: Health Recovery Solutions
Industry: Other Technology
Amount offered: $500,000
Amount placed: $200,000
First sale: 01/19/14

Smartphone medication dispenser company is in the market with a 750,000 convertible promissory note offering


remind technologiesHealthTech company ReMinD Technologies successfully placed 11% of its $750,000 non-brokered offering. Two investors subscribed to $85,000 worth of convertible promissory note. The offering is expected to remain open for a year. This is the first private placement initiated by the company. ReMinD is an alumnus of Health Wildcatters a southwestern healthcare accelerator program which is believed to be one of the subscribers. Concurrent to the offering, an undisclosed amount of common stock was issued to certain investors in exchange for advisory services.

ReMinD Technologies develops a medication dispenser integrated into a smartphone case coupled with a medication management and adherence tracking application (app). The device’s goal is to improve patient medication adherence by sending alerts and reminders but most importantly by engaging patients. The app leverages Emotions, Natural Instinct, Games, Autonomy, Goals, and Entertainment (ENGAGE) to foster self motivated medication and recovery management by patients. Electronic medical record and cloud integration are planned. There has been a number of offerings done by companies recently which develop technologies focusing on engaging patients to improve recovery. One of them is Health Recovery Solution which raised $300,000 and uses tablets instead of smartphones.

Nicole E. Pardo (Co-founder, President and CEO) leads the Humble TX based company which was registered in 2013. Revenues were not disclosed. The executive team includes David Amor (Co-founder and COO) and Christopher Durst (Co-founder and CTO).

Offering recap:
Status: First close
Company: ReMinD Technologies
Industry: Other Technology
Amount offered:$750,000
Amount placed:$85,000
First Sale: 12/02/13

HealthTech patient engagement platform partially closed on its $500,000 equity offering


Health Recovery SolutionHealth Recovery Solutions initiated a first close on December 30 by placing $300,000 in equity securities with one investor. Two previous financing rounds raised an estimated $1.3 million bringing the total amount raised to $1.6 million.

The company develops and markets a solution to lower hospitals readmission rates by providing hospitals and accountable care organizations (ACO) an early warning system to manage their highest risk patients. Under Medicare laws, hospitals with high readmission rates can incur multi-million dollar penalties. ACOs are networks of doctors and hospitals that shares responsibility for providing coordinated care to patients in hopes of limiting unnecessary spending. High risk patients receive after their admission a 4G tablet, loaded with individualized instructions and videos to follow while they are in the hospital and when they return home. Once at home, patients track their progress towards key milestones, such as taking medication as prescribed, weighing themselves, and staying appropriately active. The tablet aggregates, streamlines, and digitalizes essential patient real-time data and delivers it to hospitals and caregivers. The data can be analyzed via a web monitoring portal as well as smartphone applications.

The New York, NY based company is lead by Jarrett Bauer (President, CEO and co-founder). Revenues were not disclosed. The executive team includes Rohan Udeshi (COO and co-founder) and Daniel Priece (CTO).

Offering recap
Status: First close
Company: Health Recovery Solutions
Industry: Other Technology
Amount offered: $500,000
Amount placed: $300,000
First sale: 12/30/13

Seen Digital Media initiates first close of $141,000 on its $1 million equity offering


A first close of $141,000 was initiated by Seen Digital Media, does business as venueseen, on its fundraising effort started this month. 14% of the $1 million non-brokered equity offering was placed with five investors. The company has a year to raise an additional $859,000 in funding. Two previous financing rounds initiated by Seen Digital Media raised an estimated $1.4 million.

The company developed a new platform and tools that allow users to simplify the process of creating and managing visual PR/branding/marketing campaigns. The platform leverages instagram and twitter to engage fans and leverage user generated content for engagement, promotional and branding purposes. In addition, statistical tools have been developed to gauge how well the visual campaign engaged fans with the brand.

The company is headquartered in Dublin OH. Seen Digital Media elected not to disclose its revenues. The executive team includes Brian Zuercher (CEO) and James Kamnikar. The board of directors includes William Forquer, Pamela Springer and Hugh Cathey.

Offering recap:
Status: First close
Company: Seen Digital Media
Industry: Other
Amount offered: $1 million
Amount placed: $141,000