Sypher has filed a notice of an exempt offering of securities to raise $15 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Sypher, Inc. is raising up to $15,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Sypher, Inc.
Sypher is a team of (re)Insurance visionaries using AI and machine learning to develop transformative products and processes for stakeholders in catastrophe-exposed regions. We connect risk to capital through informed and tailored solutions that unlock sustainable capacity for disrupted coastal markets. We envision a world where every coastal community has access to affordable and sustainable insurance. We are committed to developing innovative products that help (re)Insurers better manage risk and provide coverage to more communities. We are confident that our platform will play a vital role in building a more resilient future for the property catastrophe industry. The Sypher leadership team is a group of experienced and accomplished professionals dedicated to providing our clients with the best possible (re)Insurance solutions.
To learn more about Sypher, Inc., visit https://www.getsypher.com/
Sypher, Inc. Linkedin Page: https://www.linkedin.com/company/sypher-inc/
Contact:
Dutta Subhashish, President and Chief Executive Officer
727-276-2603
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