CHARLOTTE — DebtBook, a cloud-based debt management software for local governments and non-profits of all sizes, has raised roughly $950,000 in equity, according to a recent securities filing.
Eighteen investors contributed to the round, which was filed under the under the business name Fifth Asset. A minimum investment of $8,000 was accepted from any outside investor, the filing noted.
Founded in 2019, the Charlotte-based startup provides software and services to government and non-profit finance professionals.
According to its website, DebtBook is backed by lead investors Meeting Street Capital and the 2040 Fund, the investment arm of the 2040 Foundation, in addition to numerous members of the public finance community.
