Tagged: kid

OmieLife re-opened its offering to place $55,000 more


Change: offered +11% / raised +11% / placed 100%

omielifeOmieLife re-opened and closed its unregistered equity offering after increasing the placement’s size from $520,000 to $575,000. The offer closed after the company raised $55,000 from two additional investors within a couple of months. At closing, a total of fourteen investors had subscribed to OmieLife’s offering. This was the first offering under regulation D filed by OmieLife.

The company is behind the design of the OmieBox, a lunch box to help kids eat better. The lunch box was designed specifically for kids to keep their lunch looking appetizing. The box features a hot and cold compartment with an easy open lid, utensil holder, and leak-proof compartments.

The company, headquartered in San Francisco CA, was registered this year. No revenues were reported by the company.
The executive team includes Nancy Yen.

Offering recap
Status: Completed
Company: OmieLife
Industry: Other
Amount offered: $575,000
Amount placed: $575,000
First sale: 04-03-2014
Data as of: 06-27-2014

For more information visit www.XDATA.co

Advertisements

Language Stars files details on the completion of its financing round


language starsOne financial backer invested $400,000 in return for unregistered equity securities issued by Language Stars. The transaction completed last Wednesday via a non-brokered private placement. A total of six unregistered securities offerings closed by the company raised an estimated $6.3 million. The company is backed by HCP & Co, a private equity firm focused on growth equity lower-middle market buyout transactions.

The company provides foreign languages programs for kids one year to ten years old. Languages offered include Spanish, Mandarin, German, Italian and of course French. The company has locations in the Chicago, Washington DC, and Baltimore metro areas as well as Northern Virginia. The teaching concept is a play-based education in a full immersion foreign language setting.

The company is headquartered in Chicago IL. Language Stars elected to keep its revenues undisclosed.

The executive team includes James A Davidson and Leslie L Lancry.
The board of directors includes Carlos Signoret, Jim Bland and McGee Lee.

The company has raised an estimated total of $6.7 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: Language Stars
Industry: Other
Amount offered: $400,000
Amount placed: $400,000
First sale: 04-30-2014
Data as of: 05-05-2014

Children e-bookstore, Zoobean, disclosed $400,000 first close


zoobeanA total of $400,000 was raised by Zoobean as part of its $500,000 unregistered private placement. The non-brokered equity securities started to be bought by six investors last Thursday. Based on the offering’s structure, the company has until April 2015 to raise an extra $100,000. Two previous unregistered financing rounds raised an estimated $843,000. This last investment round was backed by Militello capital, and CIT GAP Funds. The company is also backed by Kapor Capital which is the investment arm of Kapor Center for Social Impact (formerly known as Mitchell Kapor Foundation). Kapor Capital invests in seed stage information technology companies which aspire to generate economic value and positive social impact.

Zoobean is an e-commerce bookstore geared toward children between the age of two and ten. The books are curated by a team of experts and cataloged by recommended age, relevant topics, characters’ backgrounds, and other tags that matter to families. The company offers a subscription service for $15 a month as well as direct sales.

Felix Brandon Lloyd (President) leads the Arlington VA based company which was registered in 2012. Zoobean elected to keep its revenues undisclosed.
The executive team includes Jordan Bookey.

The company has raised an estimated total of $1.24 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Zoobean
Industry: Other Technology
Amount offered: $500,000
Amount placed: $400,000
First sale: 04-17-2014
Data as of: 04-23-2014

$27 million first close filed by late filer Fuhu, creator of the Nabi tablet


fuhu$27 million was raised by late filer Fuhu according to information filed with the SEC. The company initiated a first close after selling 42% of its planned $65 million unregistered private offering. The non-brokered equity securities started to be sold to six investors almost a year ago. The offering will remain open until June 2014 while an additional $38 million worth of securities is sold to investors. The company last filing dates back from 2008 and three concurrent filings were reported today. The company is backed by ORIX Ventures which provided growth capital.

The company filed a flurry of filings today. Though none of the offerings are recent and way above our usual threshold for reporting, they give a better understanding of how much was raised by the company since 2008 and that in itself was worth sharing. The company is the creator of consumer electronic devices designed for kids. The company flagship product is a line of tablets called Nabi. The tablets have built in parental controls that feature among other setting time limits, reporting and analytics as well as website restriction. Tablets start at $99.99. The company also developed accessories such as headphones and an HD camera.

The company is headquartered in El Segundo CA. Revenues above $100 million were reported by Fuhu.
The executive team includes James Mitchell, Peter Coleman and Robb Fujioka.
The board of directors includes Annie Morita, Darwin Chen and Ronald Chwang.

Fuhu has apparently filed three concurrent offerings to raise $40.97 million. So far the offerings fetched $38.04 million.
The company has raised an estimated total of $66.54 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Fuhu
Industry: Other Technology
Amount offered: $65 million
Amount placed: $27 million
First sale: 06-14-2013
Data as of: 04-18-2014

Lunch box designer, OmieLife, reports the successful completion of its equity issuance


omielifeOmieLife placed $520,000 worth of securities as part of a non-brokered equity financing round. The placement, which started on April 3rd, lured a total of twelve subscribers. No offering was previously initiated by the company under a registration exemption with the SEC.

The company hasn’t launched its website yet, however its first product seems to be a new lunch box designed to help kids eat better.

The company, headquartered in San Francisco CA, was registered this year. The company reported having no revenues.

The executive team includes Nancy Yen.

Offering recap
Status: Completed
Company: OmieLife
Industry: Other
Amount offered: $520,000
Amount placed: $520,000
First sale: 04-03-2014
Data as of: 04-17-2014

Rooibee Red Tea Co’s offering lures sixteen backers


Rooibee red teaSo far sixteen investors participated to Rooibee Red Tea Co‘s $2 million non-brokered financing round. Financial backers bought, a week ago, 48% of the offering or $951,000 worth of equity. The offering will remain open until March 2015 while an additional $1.05 million worth of securities is sold to investors. The equity offering’s expected net proceeds will amount to $1.97 million which excludes $30,000 to be paid toward officers’ salaries. Two previous unregistered financing rounds raised an estimated $1.86 million.

The company manufactures organic bottled tea. The company’s tea is made from naturally caffeine-free rooibos bush from South Africa. The product, which is low in tannins and high in antioxidants, is brewed, bottled and packaged in Louisville. The product is available at Whole Foods, Kroger and Giant Eagle stores. The company also launched a beverage for kids called Rooibee Roo.

The company, headquartered in Louisville KY, is led by Heather Howell (CEO). Revenues on or below $1 million were reported by Rooibee Red Tea Co.
The executive team includes Phoebe A Wood.
The board of directors includes Theodore Halstead Nixon.

The company has raised an estimated total of $2.81 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Rooibee Red Tea Co
Industry: Manufacturing
Amount offered: $2 million
Amount placed: $951,000
First sale: 03-31-2014
Data as of: 04-07-2014

Silicone accessory manufacturer for kids raised $133,000 in debt


A first close of $133,000 was initiated by Silikids on its fundraising effort started this month. 33% of the $400,000 non-brokered debt offering was placed with two investors. The private placement will remain open for a year while an additional $268,000 is raised by the company. This debt offering is the first time the company taps into the US private placement market. The debt offering’s expected net proceeds will amount to $376,000 which excludes $24,000 to be paid toward officers’ salaries.

Silikids designs and manufactures modern silicone accessories like bibs and sippy cups for children that appeal to parents. The new line is being released this fall.

Anastacia Feeley (Co-founder and CEO) leads the Traverse City MI based company which was registered in 2011. Revenues on or below $1 million were reported by Silikids for the latest fiscal year. The executive team includes Giuliana Schwab (Co-founder and COO).

Offering recap:
Status: First close
Company: Silikids
Industry: Manufacturing
Amount offered: $400,000
Amount placed: $133,000

Curiosityville initiates a first close of $380,000 on its debt offering


A first close of $380,000 was initiated by Curiosityville on its fundraising effort started this month. 76% of the $500,000 non-brokered debt offering was placed with sixteen investors. The offering will remain open for a year during which the company may raise an additional $120,000. The company placed $415,000 with seven investors in December 2011.

Curiosityville developed an on and offline personalized play and learning platform for kids 3-8 and their parents. The platform incorporates learning activities and technology designed to enable parents to track their child’s progress in real-time and help them and caregivers to become a child’s first teacher and kids to become great learners.

Curiosityville, founded in 2011, is headquartered in Cockeysville MD. It is led by Susan Magsamen (President and Chief Executive Officer). Revenues were not available for the latest reporting period. The executive team includes Henry Harbin. The board of directors includes Frank Bonsal.

Offering recap:
Status: First close
Company: Curiosityville
Industry: Other Technology
Amount offered: $500,000
Amount placed: $380,000

Online bookstore for kids successfully closed on its $270,000 debt offering


Zoobean, Inc. completed the placement of its $270,000 debt offering with three investors. It is the first installment of a $500,000 financing lead by Kapor Capital as announced by the company via press release. Kapor Capital is the investment arm of Kapor Center for Social Impact (formerly known as Mitchell Kapor Foundation). Kapor Capital invests in seed stage information technology companies which aspire to generate economic value and positive social impact.

Zoobean is an e-commerce bookstore geared toward children between the age of two and ten. The books are curated by a team of experts and cataloged by recommended age, relevant topics, characters’ backgrounds, and other tags that matter to families. The company offers a subscription service for $15 a month as well as direct sales.

The company, headquartered in Washington DC, was founded in June 2012 by Felix Brandon Lloyd and Jordan Lloyd Bookey.

Hulafrog, Inc. raised $350,000 in debt from five investors


Hulafrog, Inc. partially closed on 70% of its non-brokered convertible promissory note offering. The company is looking for another 6 investors at most to close the financing within a year.

The company created a web platform to provide an exhaustive and local source of information for parents (and specifically for suburban mothers) about all things to do with (or for) their kids. The company enlists local publishers to manage, grow and publicize a local website to businesses and parents in the vicinity. Hulafrog’s main source of revenues is advertising. The company plans to grow nationally one locality at a time.

The Atlantic Highlands NJ based company was founded by Sherry Szydlik (CEO and President) and Kerry Massaro Bowbliss (Executive vice president) in February 2010.