Voxelight LLC, a company that produces a viewfinder for showing sunscreen coverage on skin, has raised $175,000 in a private stock and debt offering, according to a filing Monday with the Securities and Exchange Commission.
The money will be used for working capital including normal compensation to executive officers. The company still has $325,000 left to raise.
Voxelight is the creator of Sunscreenr, a waterproof viewfinder with recording capabilities that is intended to show sunscreen coverage and protection for the purpose of preventing sun damage caused by UV light.
The company is currently taking pre-orders for the Sunscreenr, which costs $119, comes in five colors and is expected to ship by Christmas 2017.
Cohen, chief executive officer of Voxelight, was the director of product development at Scinovia Corp., a medical device company, from April to December 2015. He was the lead associate at Booz Allen Hamilton since 2014.
He received a Ph.D. in biochemistry and biophysics from UNC-Chapel Hill in 1996.
Meyer, co-founder of Voxelight, is currently the chief technology officer and senior director at Captrust. He was formerly the managing consultant at Greenway Solutions from 2012 to 2016, and the senior vice president and manager of applications development and support at First Citizens Bank from 2010 to 2012.
Meyer received a degree in public policy from Duke University in 1990.
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.