About Advano
Advano is a private company based in New Orleans, Louisiana. It has reported $36,943,791 raised in seven offerings on Form D since June 2016. Its chief executive is J. York.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jan 30, 2024 | Feb 6, 2024 | $3,273,400of $5.0M target | 21 | $155K | EquityRule 506(b) | Form D ↗ |
| Oct 20, 2022 | Nov 3, 2022 | $9,458,030of $15.0M target | 22 | $429K | Debt, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Mar 31, 2021 | Apr 13, 2021amended Dec 22, 2021 | $11,340,807of $14.0M target | 33 | $343K | Debt, Options, Securities on exerciseRule 506(b) | Form D/A ↗1 earlier filing |
| Aug 7, 2019 | Aug 8, 2019 | $11,316,554of $21.1M target | 50 | $226K | Equity, Securities on exerciseRule 506(b) | Form D ↗ |
| Jun 13, 2017 | Nov 14, 2017amended Jan 9, 2018 | $1,255,000target not set | 14 | $89,643 | S.A.F.E. (simple agreement for future equity)Rule 506(b) | Form D/A ↗2 earlier filings |
| Aug 3, 2017 | Nov 14, 2017 | $150,000fully sold | 1 | $150K | S.A.F.E. (simple agreement for future equity)Rule 504 | Form D ↗ |
| May 1, 2016 | Jun 10, 2016 | $150,000fully sold | 4 | $37,500 | Equity, Debt, OptionsRule 506(b) | Form D ↗ |
| Total, seven offerings | $36,943,791 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Advano's Form D filed Feb 6, 2024.
Earlier filings also listed Shiva Adireddy (ceo and director, last listed Nov 2022), Greg Castle (director, last listed Nov 2022), Matias Tezanos (director, last listed Dec 2021), Edward Karp (director, last listed Dec 2021), Alexander Girau (ceo and director, last listed Aug 2019) and Patrick Dietzen (chief executive officer and treasurer, director, last listed Jun 2016).