About Iyotee
Iyotee is a private company based in Frederick, Maryland. It has reported $13,100,582 raised in four offerings on Form D since December 2018. Its chief executive is Mehdi Tehranchi.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Mar 8, 2024 | Apr 2, 2024 | $1,000,000of $3.0M target | 2 | $500K | Debt, OptionsRule 506(b) | Form D ↗ |
| Oct 5, 2021 | Jan 16, 2024 | $9,350,582fully sold | 19 | $492K | EquityRule 506(b) | Form D ↗ |
| Feb 26, 2016 | Dec 13, 2018 | $1,500,000of $2.0M target | 1 | $1.5M | Debt, OptionsRule 506(b) | Form D ↗ |
| Nov 2, 2018 | Nov 29, 2018 | $1,250,000of $2.0M target | 3 | $416K | Debt, OptionsRule 506(b) | Form D ↗ |
| Total, four offerings | $13,100,582 | |||||
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 Iyotee's Form D filed Apr 2, 2024.
PS
Phillip Salopek
Executive officer
MT
Mehdi Tehranchi
CEO and director
RS
Rachid Sigelmassi
Executive officer
Earlier filings also listed Rachid Sijelmassi (executive officer and director, last listed Dec 2018).