An early-stage technology startup raised $6.5 million from nine investors, according to a Securities and Exchange Commission filing.
Knowledge to Practice filed the Form D on Feb. 1. The company hopes to raise $498,458 more, for a total of $6,993,373. The company does not intend for this offering to last more than one year, and the first sale occurred Jan. 19.
The offering was not made in connection to a business combination transaction such as a merger, acquisition or exchange offer.
Founded in 2015, the company provides postgraduate medical education through a subscription model that motivates clinicians to keep, maintain certification and to improve team-based patient centered care.
According to the company’s website, they have reached 3,564 clinicians more than 325,000 times as of Feb. 1.
Mary Ellen Beliveau, the company’s chief executive officer, signed the Form D on Feb. 1. She has been the CEO of the company since December 2013 and before that was a senior vice president and chief learning officer of the American College of Cardiology.
The Form D can be found here.
