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Sobrsafe Secures $3.0 Million Financing From Leading Healthcare Fund

Sep 27, 2021•almost 4 years ago

Amount Raised

$3 Million

Round Type

seed

Boulder

Description

SOBR Safe, Inc. (OTC: SOBR) (SOBRsafeTM or the Company), providers of innovative solutions for alcohol policy management, today announced it has secured a $3.0 million financing from a leading healthcare fund, subject to customary closing conditions. Since 2020, the Company has now raised approximately $8.0 million from accredited investors and is positioned to initiate commercial production of its SOBRcheckTM devices in October 2021.

Company Information

Company

Sob Rsafe

Location

Boulder, Colorado, United States

About

In response, publicly-traded SOBRsafe™ has developed a proprietary, touch-based identity verification, alcohol detection and cloud-based reporting system.