A Raleigh-based digital health company has raised $850,000 in a private equity and options offering, according to a filing Wednesday with the Securities and Exchange Commission.
Shark Dreams LLC raised the money from three investors. According to the filing, it is seeking to raise an additional $150,000.
The company, which was founded in 2017, aims to be the leading provider of advanced digital clinics in the health care industry to provide quality care for patients.
Shark Dreams says it has developed unique products and software, which will allow patients, doctors, pharmacists and other caregivers to communicate in the most effective, secure, efficient and instant way to assist patient needs.
What is Shark Dreams?
Shark Dreams is a digital healthcare company redefining the way patient health is monitored by combining with our software and hardware technology with cloud-based data analytics and artificial intelligence capabilities.
Our goal is to be the leading providers of Advanced Digital Clinics in healthcare industry meeting the needs to provide quality care for patients . We have developed unique products and software, which will allow Patients, Doctors, Pharmacist and
Caregivers to communicate in the most effective, secure, efficient and instant way to assist patients need. Our innovative devices monitor and motivate patients to maintain compliance and share the progress with Patients, Doctors, Pharmacist and Caregivers as needed with secure standards.
Source: Shark Dreams
The company’s founder is Dharma Nukarapu, who previously was a software engineer at Lenovo from September 2011 to January 2017. He holds a master’s degree in computer science from Wichita State University.
Nukarapu holds five patents from his work at Lenovo.
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 after they first sell their securities.
Note: This story is from the North Carolina Business News Wire, a service of UNC-Chapel Hill’s School of Media and Journalism
