Tech Company Financing Transactions
Snug Vest Funding Round
On 7/10/2015, Snug Vest secured $393 thousand in funding from Arc Capital and private investors.
Transaction Overview
Company Name
Announced On
7/10/2015
Transaction Type
Venture Equity
Amount
$393,000
Round
Undisclosed
Investors
Arc Capital (Lead Investor) (Kevin Custer)
Proceeds Purpose
The company develops a therapeutic vest that provides anxiety relief and stress management for families dealing with autism and will use the funds to increase marketing efforts, as well as to expand production, technology development and clinical research.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
887 Great Northern Way 320
Vancouver BC, V5T 4T5
Canada
Vancouver BC, V5T 4T5
Canada
Phone
Website
Email Address
Overview
Snug Vest is a therapeutic product for individuals with autism, sensory processing disorder or anxiety. Snug Vest inflates to provide adjustable and evenly-distributed pressure to the torso for a comforting hug-like squeeze without pressure placed on the stomach or chest.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Lisa Fraser
Browse more venture capital transactions:
Prev: 7/9/2015: The Medical Memory venture capital transaction
Next: 7/10/2015: Polyverse venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs