Augmodo has filed a notice of an exempt offering of securities to raise $22,199,862.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Augmodo is raising up to $22,199,862.00 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 Augmodo
Augmodo is a spatial AI company focused on helping retailers track every product in every store in real time by integrating advanced spatial computing with everyday retail operations. The companys platform uses real-time, street-viewstyle technology of store shelves so that with each product interaction, its Spatial AI becomes more sophisticated and valuable to store teams. By equipping every new retail employee with the equivalent of two years of experience from the outset, Augmodo aims to radically improve workforce productivity on the sales floor. Its technology is designed to enhance the in store customer experience while simultaneously giving retailers better visibility into shelf conditions and inventory, enabling more efficient, data driven decision making. Operating at the intersection of retail and cutting edge spatial computing, Augmodo positions itself as a transformative partner for the vast retail industry, which employs one of the largest workforces and generates immense amounts of operational data.
To learn more, visit https://www.augmodo.com/
LinkedIn: https://www.linkedin.com/company/augmodo
Contact:
Ross Finman, Chief Executive Officer
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