Fundraising FoxAsotu
Syracuse, US · Founded 2022 · Delaware corporation
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ASOTU (Automotive State of the Union) is a media brand for the retail automotive industry, producing a daily automotive email newsletter, a docuseries about car dealerships, and branded merchandise. It aims to build community and shift the culture and perception of car dealerships.
Founders & leadership
Asotu was founded in 2022 by Paul J Daly.
Reported raises · per SEC filings
Form D private placements$909.7K disclosed across 3 rounds · 2021–2023
▶$54.7KraisedApr 2023 · 1 investors · Other TechnologyRule 506(c)
▶$54.7KraisedApr 2023 · 1 investors · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Paul DalyExecutive Officer, Director
- Kyle MountsierExecutive Officer, Director
- Offering amount
- $54.7K
- Amount sold
- $54.7K
- Minimum investment
- $54.7K
- First sale
- Mar 2023
- Incorporated
- Corporation, Delaware, 2022
- Federal exemptions
- 06c
▶$525KraisedMar 2023 · 9 investors · Other TechnologyRule 506(b)
▶$525KraisedMar 2023 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Paul DalyExecutive Officer, Director
- Kyle MountsierExecutive Officer, Director
- Offering amount
- $580K
- Amount sold
- $525K
- Minimum investment
- $5K
- Proceeds to insiders
- $40K
- First sale
- Feb 2023
- Incorporated
- Corporation, Delaware, 2022
- Federal exemptions
- 06b
▶$330KraisedJun 2022 · 8 investors · Other TechnologyRule 506(b)
▶$330KraisedJun 2022 · 8 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Paul DalyExecutive Officer, Director, Promoter
- Kyle MountsierExecutive Officer, Director, Promoter
- Amount sold
- $330K
- Minimum investment
- $5K
- Proceeds to insiders
- $40K
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware, 2022
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Asotu do?
- ASOTU (Automotive State of the Union) is a media brand for the retail automotive industry, producing a daily automotive email newsletter, a docuseries about car dealerships, and branded merchandise. It aims to build community and shift the culture and perception of car dealerships.
- Who founded Asotu?
- Asotu was founded by Paul J Daly in 2022.
- How much funding has Asotu raised?
- Asotu has disclosed $909.7K raised across 3 rounds.
- Where is Asotu headquartered?
- Asotu is headquartered in Syracuse, US.