Forever Oceans
Warrenton, US · Founded 2014 · Delaware corporation
Founders & leadership
MG
Mathew GoldsboroughExecutive
JH
Jason HeckathornExecutive
Board
TB
Tony BaxendaleBoard director
Reported raises · per SEC filings
Form D private placements$149.2M disclosed across 5 rounds · 2015–2021
▶$92.2MraisedMay 2024 · 19 investors · AgricultureRule 506(b)
▶$92.2MraisedMay 2024 · 19 investors · Agriculture
Rule 506(b)Officers, directors & promoters on the filing
- Brad HudsonExecutive Officer
- Jason HeckathornExecutive Officer, Director
- William BienExecutive Officer, Director
- Kevin McFarlaneDirector
- Amount sold
- $92.2M
- First sale
- Jun 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$42MraisedJun 2019 · 11 investors · AgricultureRule 506(b)
▶$42MraisedJun 2019 · 11 investors · Agriculture
Rule 506(b)Officers, directors & promoters on the filing
- Jason HeckathornExecutive Officer, Director
- Theresea HollandDirector
- Ray JohnsonDirector
- Ryan MaysExecutive Officer
- Rob StavisDirector
- Kevin McFarlaneDirector
- Mathew GoldsboroughExecutive Officer
- Offering amount
- $42M
- Amount sold
- $42M
- First sale
- May 2019
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$9.9MraisedJul 2018 · 4 investors · AgricultureRule 506(b)
▶$9.9MraisedJul 2018 · 4 investors · Agriculture
Rule 506(b)Officers, directors & promoters on the filing
- Jason HeckathornExecutive Officer, Director
- Alex DehganDirector
- Christopher KlennerDirector
- Kevin McFarlaneDirector
- Rob StavisDirector
- Ray JohnsonDirector
- Mathew GoldsboroughDirector
- Offering amount
- $9.9M
- Amount sold
- $9.9M
- Proceeds to insiders
- $307.6K
- First sale
- Jun 2018
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$5MraisedMay 2018 · 26 investors · AgricultureRule 506(b)
▶$5MraisedMay 2018 · 26 investors · Agriculture
Rule 506(b)Officers, directors & promoters on the filing
- Mathew GoldsboroughDirector
- Nick MastrangeloDirector
- Jason HeckathornExecutive Officer, Director
- Kevin McFarlaneDirector
- Offering amount
- $5M
- Amount sold
- $5M
- First sale
- Mar 2016
- Incorporated
- Corporation, Virginia, 2014
- Federal exemptions
- 06b
▶$100KraisedMay 2015 · 4 investors · AgricultureRule 506(b)
▶$100KraisedMay 2015 · 4 investors · Agriculture
Rule 506(b)Officers, directors & promoters on the filing
- Tony BaxendaleDirector
- Mathew GoldsboroughExecutive Officer, Director
- Jason HeckathornExecutive Officer, Director
- Offering amount
- $200K
- Amount sold
- $100K
- Finders' fees
- $900
- Proceeds to insiders
- $13.5K
- Placement agents
- Sou C. Wong-Lee
- First sale
- Feb 2015
- Incorporated
- Corporation, Virginia, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 3 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric Administration | Phase II | 2018 | $399.5K |
| National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric Administration | Phase I | 2017 | $119.7K |
| Department of Commerce | Phase I | 2016 | $119.8K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- How much funding has Forever Oceans raised?
- Forever Oceans has disclosed $149.2M raised across 5 rounds.
- Where is Forever Oceans headquartered?
- Forever Oceans is headquartered in Warrenton, US.