About CatalystXL
CatalystXL is a private company based in Grosse Pointe Farms, Michigan, incorporated in 2018 in Delaware. It has reported $3,171,779 raised in five offerings on Form D since September 2018. Its chief executive is Mark Russell.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Dec 29, 2022 | Jan 17, 2023 | $796,725of $1.2M target | 36 | $22,131 | Equity, OptionsRule 506(b) | Form D ↗ |
| Jan 27, 2022 | Feb 11, 2022 | $286,400of $750K target | 6 | $47,733 | Debt, OptionsRule 506(b) | Form D ↗ |
| Aug 7, 2020 | Aug 17, 2020 | $705,800of $750K target | 27 | $26,141 | Debt, OptionsRule 506(b) | Form D ↗ |
| Mar 19, 2019 | Apr 1, 2019 | $1,082,854of $2.5M target | 19 | $56,992 | EquityRule 506(b) | Form D ↗ |
| Sep 4, 2018 | Sep 10, 2018 | $300,000of $1.0M target | 13 | $23,077 | DebtRule 506(b) | Form D ↗ |
| Total, five offerings | $3,171,779 | |||||
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 CatalystXL's Form D filed Jan 17, 2023.
Earlier filings also listed George Korsnick (cto, last listed Apr 2019).