Tagged: first round capital

Stealth wearable technology designer successfully placed $1 million equity offering

Ringly successfully completed its $1 million equity offering which started last month. The non-brokered private placement was subscribed by nine investors. No previous known private placement was initiated by the company in the US.

Ringly integrates wearable technology with fashionable jewelry and accessories. The company’s mission is to improve the way people interact with technology and with each other. Ringly strongly believes technology can blend in to the user’s environment and be both beautiful and useful. The financing round was backed by Mesa+, First Round Capital and Andreessen Horowitz.

Ringly, registered in 2013, is headquartered in Brooklyn NY. It is led by Christina Mercando (President). Revenues were not available for the latest reporting period.

Offering recap:
Status: Completed/Final close
Company: Ringly
Industry: Other Technology
Amount offered: $1,014,000
Amount placed: $1,014,000