Fundraising Fox

Intellihot Green Technologies

Galesburg, US · Founded 2017 · Delaware corporation

Advanced Manufacturing

Founders & leadership

Intellihot Green Technologies was founded in 2017 by SIVAPRASAD AKASAM and SRIDHAR DEIVASIGAMANI.

SA
SIVAPRASAD AKASAMCo-founder
SD
SRIDHAR DEIVASIGAMANICo-founder

Board

SE
STEPHEN EINHORNBoard director
GB
GLEN BARTONBoard director
DS
DONALD SACKMANBoard director

Reported raises · per SEC filings

Form D private placements

$15.1M disclosed across 5 rounds · 2012–2017

▶$2.4MraisedFeb 2017 · 23 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • STEPHEN EINHORNDirector
  • SRIDHAR DEIVASIGAMANIExecutive Officer, Director
  • PRAVEEN SAHAYDirector
  • SIVAPRASAD AKASAMExecutive Officer, Director
Offering amount
$4M
Amount sold
$2.4M
First sale
Feb 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedNov 2015 · 1 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • SIVAPRASAD AKASAMExecutive Officer, Director, Promoter
  • PRAVEEN SAHAYDirector
  • DONALD SACKMANDirector
  • GLEN BARTONDirector
  • SRIDHAR DEIVASIGAMANIExecutive Officer, Director, Promoter
Offering amount
$6M
Amount sold
$5M
Minimum investment
$25K
Finders' fees
$300K
Proceeds to insiders
$200K
Placement agents
RAINMAKER SECURITIES, LLC
First sale
Aug 2015
Incorporated
Corporation, Illinois
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗
▶$1MraisedJul 2015 · 12 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • SIVAPRASAD AKASAMExecutive Officer, Director, Promoter
  • STEPHEN EINHORNDirector
  • SRIDHAR DEIVASIGAMANIExecutive Officer, Director, Promoter
  • GLEN BARTONDirector
  • DONALD SACKMANDirector
Offering amount
$1M
Amount sold
$1M
Minimum investment
$25K
Finders' fees
$50K
Proceeds to insiders
$30K
Placement agents
RAINMAKER SECURITIES, LLC
First sale
Apr 2015
Incorporated
Corporation, Illinois
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗
▶$2MraisedJan 2015 · 20 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • STEPHEN EINHORNDirector
  • GLEN BARTONDirector
  • SIVAPRASAD AKASAMExecutive Officer, Director, Promoter
  • SRIDHAR DEIVASIGAMANIExecutive Officer, Director, Promoter
  • DONALD SACKMANDirector
Offering amount
$2.5M
Amount sold
$2M
Minimum investment
$2.6K
Finders' fees
$90K
Proceeds to insiders
$110K
Placement agents
RAINMAKER SECURITIES INC.
First sale
Jun 2014
Incorporated
Corporation, Illinois
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗
▶$4.7MraisedJan 2014 · 23 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • SIVAPRASAD AKASAMExecutive Officer, Director, Promoter
  • SRIDHAR DEIVASIGAMANIExecutive Officer, Director, Promoter
Offering amount
$4.7M
Amount sold
$4.7M
Minimum investment
$10K
Finders' fees
$200K
Proceeds to insiders
$240K
Placement agents
RAINMAKER SECURITIES INC.
First sale
Mar 2012
Incorporated
Corporation, Illinois, 2009
Federal exemptions
06b, 4a5
Full filing on SEC EDGAR ↗

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

In the news

Intellihot Green Technologies Secures Funding From Chicago Investors - Techlitechli.com · Oct 2012Cornerstone Angels Backs Intellihot Green Technologiesventurecapitaljournal.com · Oct 2012

Frequently asked questions

Who founded Intellihot Green Technologies?
Intellihot Green Technologies was founded by SIVAPRASAD AKASAM, SRIDHAR DEIVASIGAMANI in 2017.
How much funding has Intellihot Green Technologies raised?
Intellihot Green Technologies has disclosed $15.1M raised across 5 rounds.
Where is Intellihot Green Technologies headquartered?
Intellihot Green Technologies is headquartered in Galesburg, US.