other material
confidence high
sentiment positive
materiality 0.60
SOBR Safe secures $3.0M financing from healthcare fund for national rollout
SOBR Safe, Inc.
- $3M financing from leading healthcare fund, subject to customary closing conditions.
- Company has raised ~$8M from accredited investors since 2020.
- Funds to fuel national commercial rollout, add sales/marketing/PR resources, and enter managed care.
- Commercial production of SOBRcheck devices expected to begin October 2021.
- Alexander Capital acted as sole placement agent on the transaction.