Description:
Advised management of an early stage information technology venture in the securing of Series A funding from a private investor. Services included pricing of the offering, documentation of offering, and preparation of funding documents with legal counsel.
- Facilitated due diligence process and coordinated numerous meetings with management and investor.
- Aided in the creation of milestone-based funding scheme including independent market research and validation milestones and product development milestones.
- Completed development of qualified incentive stock option program for key executives and staff.
- Provided ongoing services to the board of directors, business model consulting and technology and systems design consulting.
Services:
- Valuation
- Advisory
- Private Equity
- Due Diligence
- Joint Venture
Outcome:
Company subsequently raised more than $1M in private investment capital to finalize and launch product. Company secured multiple clients in the oil and gas industry on recurring monthly contracts for a mix of online and offline services.