Fundraising Fox

Elute

Salt Lake City, US · Founded 2011 · Delaware corporation

Founders & leadership

Elute was founded in 2011 by David W. Grainger and Daniel P. Liston.

DW
David W. GraingerCo-founder
DP
Daniel P. ListonC0-founder
DB
Dennis B. FarrarExecutive
SL
Stephanie L. SorensenExecutive
AC
Ashok C. KhandkarExecutive
KD
Kristofer D. SinclairExecutive
KP
Kirk P. AndrianoExecutive

Board

PA
Philip A. DavidsonBoard director
CR
Cheryl R. BlanchardBoard director

Reported raises · per SEC filings

Form D private placements

$1.6M disclosed across 1 round · 2016

$1.6MraisedMar 2016 · 13 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • Philip A. DavidsonDirector
  • David W. GraingerExecutive Officer, Director
  • Dennis B. FarrarExecutive Officer, Director
  • Stephanie L. SorensenExecutive Officer
  • Cheryl R. BlanchardDirector
  • Ashok C. KhandkarExecutive Officer, Director
  • Daniel P. ListonExecutive Officer
  • Kristofer D. SinclairExecutive Officer
  • Kirk P. AndrianoExecutive Officer, Director
Offering amount
$4.8M
Amount sold
$1.6M
Minimum investment
$25K
Sales commissions
$118K
Placement agents
Westlake Securities
First sale
Mar 2016
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

Who founded Elute?
Elute was founded by David W. Grainger, Daniel P. Liston in 2011.
How much funding has Elute raised?
Elute has disclosed $1.6M raised across 1 round.
Where is Elute headquartered?
Elute is headquartered in Salt Lake City, US.