Avadim Technologies Inc. has raised $684,144 from 34 investors in another private offering, according to a filing with the Securities and Exchange Commission.

The Asheville-based life sciences company filed the Form D on Feb. 16, 2017. According to the Form D, the offering was not made in connection with a business combination transaction, and is not intended to last more than one year.

One of the fastest-growing private companies in the United States, Avadim Technologies has raised over $9 million since August 2016.

It has been rumored the company plans to go public soon. In September 2016, it built a new 100,000-square-foot corporate headquarters, adding 550 new jobs in Buncombe County.

Founded in 2007, Avadim manufactures skin hygiene products to health care providers. It offers specialty care packs, silver bathing systems, body cleansers and pH and hygiene management sprays. It serves consumers online.

Private companies such as Avadim, which rely on a Reg D exemption, are not required to register securities offerings with the SEC, but instead they must file a Form D electronically with the SEC after they sell the securities.

The Form D can be found here.