About Substance
Substance is a private company based in Downers Grove, Illinois, incorporated in 2025 in Delaware. It has reported $50,000 raised in one offering on Form D since April 2026. Its chief executive is Anurag Sharma.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Apr 7, 2026 | Apr 7, 2026 | $50,000of $2.0M target | 2 | $25,000 | EquityRule 506(b) | Form D ↗ |
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 Substance's Form D filed Apr 7, 2026.
AS