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Functional Finance, Inc.

Updated Oct 27, 2026·Latest SEC filing May 30, 2024·Suggest an edit

About Functional Finance

Functional Finance is a private company based in San Francisco, California, incorporated in 2021 in Delaware. It has reported $20,999,992 raised in two offerings on Form D since July 2022.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
May 17, 2024May 30, 2024$16,999,992of $22.0M target3$5.6MEquityRule 506(b)Form D ↗
Jul 12, 2022Jul 26, 2022$4,000,000of $8.0M target1$4.0MEquityRule 506(b)Form D ↗
Total, two offerings$20,999,992

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 Functional Finance's Form D filed May 30, 2024.

AD
Anthony DeGangi
Executive officer and director
JD
JE
James Ermilio
President
RM
Rashmi Melgiri
Executive officer and director

Earlier filings also listed Adam Wang-Levine (executive officer and director, last listed Jul 2022).

Sources

  1. SECFunctional Finance, Inc. filing history