About Totem Systems
Totem Systems is a private company based in Richmond, Virginia. It has reported $2,490,000 raised in three offerings on Form D since March 2020. Its chief executive is Alan Wei.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jan 10, 2025 | Jan 29, 2025 | $1,500,000of $3.5M target | 18 | $83,333 | EquityRule 506(b) | Form D ↗ |
| Sep 10, 2021 | Oct 20, 2021 | $625,000fully sold | 9 | $69,444 | Debt, OptionsRule 506(b) | Form D ↗ |
| Feb 21, 2020 | Mar 3, 2020 | $365,000of $500K target | 6 | $60,833 | Debt, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Total, three offerings | $2,490,000 | |||||
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 Totem Systems's Form D filed Jan 29, 2025.