About Ocean Approved
Ocean Approved is a private company based in Biddeford, Maine. It has reported $11,861,448 raised in ten offerings on Form D since September 2017.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jul 18, 2025 | Jul 28, 2025 | $380,000of $1.0M target | 8 | $47,500 | EquityRule 506(b) | Form D ↗ |
| Apr 1, 2025 | Apr 25, 2025 | $625,000of $1.5M target | 3 | $208K | Equity, OptionsRule 506(b) | Form D ↗ |
| Jul 2, 2024 | Jul 9, 2024 | $4,310,044of $7.0M target | 16 | $269K | Equity, OptionsRule 506(b) | Form D ↗ |
| Not yet | Sep 23, 2022 | $0of $3.5M target | 0 | — | Debt, OptionsRule 506(b) | Form D ↗ |
| Aug 27, 2021 | Sep 9, 2021 | $3,136,183of $4.0M target | 18 | $174K | EquityRule 506(b) | Form D ↗ |
| Mar 3, 2021 | Mar 12, 2021 | $695,193of $750K target | 15 | $46,346 | Debt, OptionsRule 504 | Form D ↗ |
| Apr 13, 2020 | Apr 27, 2020 | $590,012of $600K target | 23 | $25,653 | Debt, OptionsRule 506(b) | Form D ↗ |
| Jan 2, 2019 | Jan 3, 2019 | $1,343,938of $1.3M target | 13 | $103K | EquityRule 506(b) | Form D ↗ |
| Sep 12, 2018 | Sep 27, 2018 | $415,078of $750K target | 5 | $83,016 | Debt, promissory notes convertible into shares of preferred stockRule 504 | Form D ↗ |
| May 18, 2017 | Sep 28, 2017 | $366,000of $565K target | 4 | $91,500 | Equity, Series A Preferred StockRule 506(b) | Form D ↗ |
| Total, ten offerings | $11,861,448 | |||||
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 Ocean Approved's Form D filed Jul 28, 2025.
Earlier filings also listed Mikel Durham (ceo, last listed Apr 2025), James Lindsay (director, last listed Apr 2025), Briana Warner (ceo and director, last listed Jul 2024), Lisa Sebesta (director, last listed Sep 2022), Jason Jones (director, last listed Sep 2022), Chandler Jones (director, last listed Sep 2022), Stephen Goldberg (director, last listed Mar 2021) and Anthony Campbell (director, last listed Mar 2021).