SnippetSentry, Inc. Series A-4 Preferred Stock
Technology That Archives Text Communication
6.0% Series A-4 Convertible Preferred Equity
Up to $5,000,000
Pre-Money
$30,000,000
76% Funded
+3% Committed
The Opportunity
- ▪Compliance software capturing text message communications for large financial institutions
- ▪$3.5b+ regulatory fines imposed recently on major financial institutions
- ▪250+ corporate customers, $3.3m+ ARR
Security & Structure
- ▪Class A-4 Convertible Preferred Equity
- ▪Senior to all outstanding equity, with a $30m pre-money valuation
- ▪Proceeds used to pursue $115m+ federal opportunity and eliminate existing liabilities
14,500+
Committed Users
$3.3m+
ARR