About Arena Innovation
Arena Innovation is a private company based in San Francisco, California, incorporated in 2020 in Delaware. It has reported $6,915,488 raised in four offerings on Form D since January 2021. Its chief executive is Krisna Bhargava.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 11, 2023 | Sep 22, 2023 | $1,400,500of $2.0M target | 5 | $280K | Debt, Options, Securities on exercise, Includes (i) preferred stock issuable upon conversion of Debt and common stock issuable upon conversion of such preferred stock and (ii) common stock issuable upon conversion of preferred stock issuable upon Warrant exercise.Rule 506(b) | Form D ↗ |
| Sep 9, 2022 | Sep 15, 2022 | $2,824,995of $8.0M target | 5 | $564K | Equity, Common Stock issuable upon conversion of the equity securities sold in accordance with its terms.Rule 506(b) | Form D ↗ |
| Aug 20, 2021 | Sep 7, 2021 | $1,010,000of $3.5M target | 10 | $101K | Debt, Equity securities issued upon conversion of the debt in accordance with its terms.Rule 506(b) | Form D ↗ |
| Jul 20, 2020 | Jan 28, 2021 | $1,679,993of $5.2M target | 13 | $129K | EquityRule 506(b) | Form D ↗ |
| Total, four offerings | $6,915,488 | |||||
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 Arena Innovation's Form D filed Sep 22, 2023.
PV
Pete Vlastelica
Director
NK
Neeraj Kumar
Executive officer
AM
Albert Matheny
Director
DP
Deepen Parikh
Director
KB
Krisna Bhargava
CEO and director
Earlier filings also listed Christoper Howell (director, last listed Jan 2021).