About Systm Foods
Systm Foods is a private company based in Newport Beach, California, incorporated in 2022 in Delaware. It has reported $19,500,001 raised in two offerings on Form D since December 2022. Its chief executive is Andy Fathollahi.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Dec 14, 2023 | Jan 2, 2024 | $16,500,001of $17.5M target | 7 | $2.3M | Equity, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Nov 29, 2022 | Dec 12, 2022 | $3,000,000fully sold | 5 | $600K | EquityRule 506(b) | Form D ↗ |
| Total, two offerings | $19,500,001 | |||||
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 Systm Foods's Form D filed Jan 2, 2024.
JB
Jack Belsito
Director
AF
Andy Fathollahi
Chief Executive Officer and director
JC
Julian Cheng
Executive officer and director
GB
George Birman
Director
JC
Jeff Conner
Executive officer
MR
Mark Rampolla
Director
Earlier filings also listed Julian Chen (executive officer and director, last listed Dec 2022) and Daniel Gluck (director, last listed Dec 2022).