About Flare Financial Systems
Flare Financial Systems is a private company based in Chicago, Illinois, incorporated in 2022 in Delaware. It has reported $640,000 raised in two offerings on Form D since September 2022.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| May 15, 2024 | May 30, 2024 | $15,000of $200K target | 2 | $7,500 | Equity, OptionsRule 506(b) | Form D ↗ |
| Sep 22, 2022 | Sep 14, 2022amended Dec 7, 2022 | $625,000of $1.5M target | 3 | $208K | Equity, OptionsRule 506(b) | Form D/A ↗1 earlier filing |
| Total, two offerings | $640,000 | |||||
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 Flare Financial Systems's Form D filed May 30, 2024.
VJ
Vernon Gair Jr
President and Secretary, director