A medical device startup has raised more than $27 million, and a music tech firm is looking to raise $10 million, according to recent SEC filings.

Both startups are based in Charlotte.

  • Brady Diagnostics nets $27.6 million

Brady Diagnostics raised $27.6 million in a private stock offering, according to a Securities and Commission filing, according to Lauren Hong of North Carolina Business Wire Network.

The firm filed the Form D on Oct. 12. It did not disclose what it intends to do with the proceeds.

Founded in 2013, Bardy Diagnostics is a medical device start-up developing an ambulatory ECG monitor.

Its president and CEO, Jon Hunt, is also founder and managing director at Wyn River Ventures, an early growth venture capital firm investing in life science and IP wealthy companies.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.

  • Vertigo Media aims to raise $10M

Charlotte-based Vertigo Media filed Wednesday to raise $10 million in a private offering, Justina Vasquez of NCBWN reports.

The Form D filed with the Securities and Exchange Commission states Vertigo has yet to sell the equity to an investor.

The company noted $400,000 could be used to compensate executives but did not state an intended use of proceeds beyond that.

This is the company’s seventh private equity offering in nearly two and a half years, and three have been filed in the last two months alone.

This is not the first time Vertigo received no investors before reporting its offering. The company’s first private equity offering in 2014 of $2.5 million yielded the same result, as did its first offering this year of $5 million.

Each time, Vertigo rebounded with a larger offering and a larger amount sold — $50,000 and later $500,000 — within the first 15 days of each offering.

Vertigo is mobile platform for sharing music in real-time as users listen. It’s currently in beta mode. Along with its patented technology that “uses music to add texture and vibrancy to life’s everyday moments,” the company is exploring emerging technology like virtual reality to enhance the listener experience.

Note: North Carolina Business News Wire is a service of UNC-Chapel Hill’s School of Media and Journalism