Fundz

Venzee Technologies Closes First Tranche Of Convertible Debenture Financing

PRIVATEJul 28, 2022

Round Type

Convertible Note

WilmingtonOtherSoftwareData And AnalyticsRetail

Description

Venzee Technologies Inc. (TSXV: VENZ) (OTCQB: VENZF) ("Venzee'' or the "Company"), the artificial intelligence ("AI") platform for product data, is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement offering (the "Offering") of unsecured convertible debentures ("Debentures"). The principal sum of Debentures issued in the first tranche totals CAD $175,000. The Company may close further tranches.

Quick answer

Venzee Technologies raised an undisclosed amount in a Convertible Note round, dated July 28, 2022. Venzee Technologies is based in Wilmington, Delaware, United States.

How much did Venzee Technologies raise?
Venzee Technologies raised an undisclosed amount in a Convertible Note round on July 28, 2022.
What does Venzee Technologies do?
Venzee unlocks Shareholder value by carrying out its mission to create intelligent technology that empowers companies to optimize their ecommerce execution and win on the digital shelf.
Where is Venzee Technologies based and how big is it?
Venzee Technologies is based in Wilmington, Delaware, United States. Fundz records about 11 employees.
Who are the decision-makers at Venzee Technologies?
Fundz holds 1 contact at Venzee Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Retail around the same time

Companies in the same sectors as Venzee Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Spice AI, Inc. raised $14M (Seed) on September 7, 2022.
  • FourKites, Inc. raised $30M (Funding Round) on August 26, 2022.
  • Twelve Labs raised $12M on August 26, 2022.
  • Pattern Group raised $35M (Funding Round) on August 25, 2022.
  • Inworld AI raised $50M (Series A) on August 23, 2022.
  • Biofourmis raised an undisclosed amount (Series D) on August 10, 2022.

Who to call at Venzee Technologies, and when

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Company Information

Company

Venzee Technologies

Location

422 Richards Street Suite 170

Wilmington, Delaware, United States

About

Venzee unlocks Shareholder value by carrying out its mission to create intelligent technology that empowers companies to optimize their ecommerce execution and win on the digital shelf. Its modern PIM/PXM platform disrupts and displaces inefficient manual processes in favor of integrated, machine-driven solutions.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Venzee Technologies raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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