About Movandi
Movandi is a private company based in Irvine, California. It has reported $116,292,443 raised in six offerings on Form D since September 2017. Its chief executive is Maryam Rofougaran.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 18, 2025 | Nov 14, 2025 | $41,159,478of $51.1M target | 26 | $1.5M | Equity, OptionsRule 506(b) | Form D ↗ |
| Mar 17, 2020 | Aug 24, 2020 | $29,632,944of $35.8M target | 23 | $1.2M | Equity, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Jun 11, 2019 | Aug 14, 2019 | $6,000,000fully sold | 1 | $6.0M | Debt, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Jul 3, 2018 | Aug 20, 2018amended Jan 31, 2019 | $11,000,006fully sold | 8 | $1.3M | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Nov 9, 2017 | Mar 14, 2018 | $19,500,015of $20.7M target | 20 | $975K | EquityRule 506(b) | Form D ↗ |
| Oct 3, 2016 | Sep 7, 2017 | $9,000,000fully sold | 12 | $750K | Equity, Debt, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Total, six offerings | $116,292,443 | |||||
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 Movandi's Form D filed Nov 14, 2025.
Earlier filings also listed Sriram Viswanathan (director, last listed Aug 2020), Reza Rofougaran (executive officer, director and promoter, last listed Aug 2020), Q. Motiwala (director, last listed Aug 2020) and Lip-Bu Tan (director, last listed Aug 2020).