Huntersville-based Honeyfi Inc. has filed to raise $250,000, according to a Form D filed on Tuesday morning.

The company first sold $105,000 worth of Simple Agreements for Securities (SAFEs) on Nov. 9 and has $145,000 total remaining to be sold.

A SAFE is a type of convertible security that warrants investors preferred stock in the company should the company undergo an initial public offering soon. SAFEs doesn’t require a lawyer or the formalities of common stock and are usually used by startups in the early stages.

Honeyfi prides itself on being the first financial management mobile application for couples. It allows couples to link their bank accounts and create a budget together for free.

According to the form filed with the Securities and Exchange Commission, the company will allocate $25,000 from the sale to be used for payment of executive management.

This is the first time Honeyfi has filed with the Securities and Exchange Commission.

You can find the form here.