Creisoft Inc., a Charlotte-based real estate software company, has raised $10,000 in private equity funding, according to a filing made Friday with the Securities and Exchange Commission.
The offering comes from three investors and is not in connection with a business combination transaction, such as a merger, acquisition or exchange offer. This is the first sale by the company, and it is not expected to last longer than a year.
Creisoft was founded in 2014 and is led by chief executive officer and co-founder Ryan Letzeiser. The startup developed Obie, a community platform focused on the investment sales sector of real estate.
Letzeiser had previous experience as a commercial real estate investment analyst at Ram Real Estate and Hudson Capital Investment before creating Obie.
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.