About Stax.ai
Stax.ai is a private company based in Scottsdale, Arizona, incorporated in 2021 in Delaware. It has reported $12,549,998 raised in three offerings on Form D since September 2023. Its chief executive is Narendran Muraleedharan.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 4, 2024 | Sep 13, 2024 | $7,000,000fully sold | 5 | $1.4M | EquityRule 506(b) | Form D ↗ |
| Aug 28, 2024 | Sep 9, 2024 | $900,000fully sold | 1 | $900K | Debt, OptionsRule 506(b) | Form D ↗ |
| Aug 18, 2023 | Sep 14, 2023 | $4,649,998of $5.6M target | 4 | $1.1M | EquityRule 506(b) | Form D ↗ |
| Total, three offerings | $12,549,998 | |||||
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 Stax.ai's Form D filed Sep 13, 2024.
DH
David Hawash
Chief Operating Officer
AS
Ashok Santhanam
Director
KK
King Kenney
Vice President of Marketing
MG
McKenzie Glandorf
Vice President of Client Experience
JG
James Guerra
Secretary and director
OB
Oshiogwe Braimah
Treasurer and Vice President of Finance
NM
Narendran Muraleedharan
Chief Executive Officer and President, director
Earlier filings also listed Daniel Lieberman (director, last listed Sep 2023).