Wednesday December 17, 2014 0 comments
LONGMONT - The Lassy Project, a company that developed an app to help find lost children, has received $750,000 in equity investment, according to a filing with the state.
According to the Form D filing, The Lassy Project Inc. sold $750,120 of a $1,674,230 offering with the first sale taking place on Nov. 21.
The minimum investment for the offering was set at $25,000.
The amount of money raised so far - 44.8 percent of the total offering -- came from six investors, the filing said.
Another $924,110 is still available for sale in the offering.
The Lassy Project was founded by former University of Colorado football player John Guydon. The company's free app allows parents to create profiles of their children.
A premium service provides parents with notifications when their kids deviate from their normal path to school.
To read an archived InnovatioNews story on the Lassy Project, visit here.