Scientific Environmental Design Raises $525,000

9/14/17

A High Point-based heating and cooling company has raised an additional $125,000 from the $400,000 it initially raised earlier this year.

Scientific Environmental Design Inc. hopes to bring its present total of $525,000 to $1 million, according to a Form D filed Thursday with the Securities and Exchange Commission.

The listed executives on the filing are Chief Financial Officer Jack Woerner, CEO William Millis, director J. Phillips “Phil” Johnston and founder Harry Boody.

North Carolina Business News Wire has previously reported on the standing of the company’s private equity offering. You can find information about the company’s executives here.

Scientific Environmental Design specializes in creating uniquely fitted heating, ventilation and air conditioning systems for homes, according to its website. The company creates a 3-D model of each home, running “unmatched” software analytics to ultimately determine the most energy efficient HVAC system.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must first file what’s known as a Form D electronically with the SEC after they first sell their securities.

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