CHARLOTTE — BovaMetrics LLC has raised $100,000 in equity, according to a Wednesday filing with the Securities and Exchange Commission.
The funding met the company’s goal and was raised by six investors.
According to the filing, the minimum investment accepted from any outside investor was $3,000.
BovaMetrics is a wealth tech company that builds augmented intelligence for wealth advisors.
BovaMetrics
The Charlotte-based startup has developed an augmented intelligence solution, Equilla, which is a portfolio monitoring and asset accumulation platform designed to work with wealth advisors to help boost performance on any long-term portfolio.
The company is led by Chief Executive Officer Curtis Watkins, who previously served as chief operating officer at Atlanta-based energy startup Emrgy.
Curtis is also the founder and chairman emeritus of the Department of Energy-affiliated ‘CLT Joules’ accelerator program, a non-profit entity he established in 2011 to help mentor early stage startup companies
The Joules accelerator program has been noted by former Duke Energy CEO Jim Rogers as “one of the top three energy developments in Charlotte” and has helped create 100’s of jobs and over $10MM in energy startup investments through portfolio 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.
This story is from the North Carolina Business News Wire, a service of the UNC-Chapel Hill School of Media and Journalism
