Fundraising Fox

LHB

Duluth, US · Minnesota corporation

Founders & leadership

JA
Jason A ManganChief Executive Officer/President
SLStacee L Demmer
Stacee L DemmerinChief Operating Officer
LJLori J Thompson
Lori J ThompsoninChief Financial Officer
DM
David M SheedyExecutive
WD
William D BennettExecutive
RA
Richard A CarterExecutive

Board

MJ
Matthew J SettergrenBoard director
AK
Anne K PorterBoard director
MR
Mark R AndersonBoard director
BE
Brian E SantoriBoard director
LM
Lisa M KarlgaardBoard director
SG
Sara G PhillipsBoard director

Reported raises · per SEC filings

Form D private placements

$6.5M disclosed across 12 rounds · 2014–2025

▶$776.2KraisedDec 2025 · 28 investors · Other
Officers, directors & promoters on the filing
  • Sara G PhillipsDirector
  • Matthew J SettergrenDirector
  • Jon W SiiterDirector
  • Austen R BryanDirector
  • Brian E SantoriDirector
  • Steve DeVinckDirector
  • Michelle M PribylDirector
  • Nancy GeenenDirector
  • Stacee L DemmerExecutive Officer, Director
  • Anne K PorterDirector
  • Jason A ManganExecutive Officer, Director
Offering amount
$1.3M
Amount sold
$776.2K
First sale
Dec 2025
Incorporated
Corporation, Minnesota
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$549.7KraisedDec 2024 · 20 investors · Other
Officers, directors & promoters on the filing
  • Jason A ManganExecutive Officer, Director
  • Stacee L DemmerExecutive Officer, Director
  • Matthew J SettergrenDirector
  • Anne K PorterDirector
  • Mark R AndersonDirector
  • Brian E SantoriDirector
  • Lisa M KarlgaardDirector
  • Lori J ThompsonExecutive Officer, Director
  • Sara G PhillipsDirector
Offering amount
$1.2M
Amount sold
$549.7K
First sale
Dec 2024
Incorporated
Corporation, Minnesota
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$647.7KraisedDec 2023 · 26 investors · Other
Officers, directors & promoters on the filing
  • Joseph D LitmanExecutive Officer, Director
  • Lori J ThompsonExecutive Officer, Director
  • Brian E SantoriDirector
  • A Carter RichardExecutive Officer, Director
  • Lydia A MajorDirector
  • Mark R AndersonDirector
  • Matthew J SettergrenDirector
  • Lisa M KarlgaardDirector
  • Stacee L DemmerDirector
  • Sara G PhillipsDirector
  • Jason A ManganDirector
Offering amount
$1.2M
Amount sold
$647.7K
First sale
Nov 2023
Incorporated
Corporation, Minnesota
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$624.7KraisedDec 2022 · 27 investors · Other
Officers, directors & promoters on the filing
  • Lydia A MajorDirector
  • Lori J ThompsonExecutive Officer, Director
  • Joseph D LitmanExecutive Officer, Director
  • Michael FischerDirector
  • Brian E SantoriDirector
  • Brad P ScottDirector
  • Jon W SiiterDirector
  • Sara G PhillipsDirector
  • Mark R AndersonDirector
  • Jason A ManganDirector
  • A Carter RichardExecutive Officer, Director
Offering amount
$1.1M
Amount sold
$624.7K
First sale
Nov 2022
Incorporated
Corporation, Minnesota
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$680.6KraisedNov 2021 · 33 investors · Other
Officers, directors & promoters on the filing
  • Jason A ManganDirector
  • Stacee L DemmerDirector
  • Steve DeVinckDirector
  • Brad P ScottDirector
  • Sara PhillipsDirector
  • Michael A FischerDirector
  • Jon W SiiterDirector
  • A Carter RichardExecutive Officer, Director
  • Brian E SantoriDirector
  • Lori J ThompsonExecutive Officer, Director
  • Joseph D LitmanExecutive Officer, Director
  • Nancy GeeneyDirector
  • Mark R AndersonDirector
Offering amount
$981.4K
Amount sold
$680.6K
First sale
Nov 2021
Incorporated
Corporation, Minnesota
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$606.9KraisedOct 2020 · 27 investors · Other
Officers, directors & promoters on the filing
  • A Carter RichardExecutive Officer, Director
  • Joseph D LitmanExecutive Officer, Director
  • Dan A HeldtExecutive Officer, Director
  • Mark R AndersonDirector
  • Michael A FischerDirector
  • Stacee L DemmerDirector
  • Brad P ScottDirector
  • Robert D LisiDirector
  • Jason A ManganDirector
  • Steve DeVinckDirector
  • Jen BertschDirector
  • Lori J ThompsonDirector
  • Sara PhillipsDirector
Offering amount
$818.3K
Amount sold
$606.9K
First sale
Oct 2020
Incorporated
Corporation, Minnesota
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$690.5KraisedNov 2019 · 32 investors · Other
Officers, directors & promoters on the filing
  • Sara PhillipsDirector
  • William D BennettExecutive Officer, Director
  • David M SheedyExecutive Officer, Director
  • Richard A CarterExecutive Officer, Director
  • Joseph D LitmanDirector
  • Michael A FischerDirector
  • Dan HeldtDirector
  • Brad P ScottDirector
  • Robert D LisiDirector
  • Jason A ManganDirector
  • Steve DeVinckDirector
  • Jen BertschDirector
  • Lori J ThompsonDirector
Offering amount
$818.3K
Amount sold
$690.5K
First sale
Oct 2019
Incorporated
Corporation, Minnesota
Federal exemptions
04
Full filing on SEC EDGAR ↗
▶$312.3KraisedNov 2018 · 25 investors · Other
Officers, directors & promoters on the filing
  • David M SheedyExecutive Officer, Director
  • Brad P ScottDirector
  • Phillip R RolleDirector
  • Jason A ManganDirector
  • Sara PhillipsDirector
  • William D BennettExecutive Officer, Director
  • Lori J ThompsonDirector
  • Joseph D LitmanDirector
  • Dan HeldtDirector
  • Michael D FrenchDirector
  • Michael A FischerDirector
  • Richard A CarterExecutive Officer, Director
  • Jen BertschDirector
Offering amount
$439.7K
Amount sold
$312.3K
First sale
Oct 2018
Incorporated
Corporation, Minnesota
Federal exemptions
04
Full filing on SEC EDGAR ↗

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

In the news

Frequently asked questions

How much funding has LHB raised?
LHB has disclosed $6.5M raised across 12 rounds.
Where is LHB headquartered?
LHB is headquartered in Duluth, US.