/Companies

Mitesco

OTC: MITI

Vero Beach, US · Nevada corporation

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Mitesco operates a data center and cloud computing services business through its subsidiary Centcore, offering managed hosting and colocation services, while its subsidiary Vero Technology Ventures develops artificial intelligence-based applications for cloud platforms, including a sales automation tool called Robo Agent targeting residential real estate and other consumer-facing markets.

Founders & leadership

ML
Mack LeathChairman & CEO
JM
John MitchellExecutive
LD
Lawrence DiamondExecutive
PJ
Phillip J KellerExecutive

Board

TB
Thomas BrodmerkelBoard director
HF
H. Faraz NaqviBoard director
DJ
Dr. Jordan BalencicBoard director
RR
Ronald RiewoldBoard director
JC
Juan Carlos IturreguiBoard director

Funding

SEC filings, press & company announcements

$23.7M disclosed across 6 of 11 rounds · 1900–2026

  • Undisclosed amountbridge fundingJun 2026
    Source ↗
▶$100KraisedFeb 2025 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Dr. Jordan BalencicDirector
  • Mack LeathExecutive Officer, Director
  • John MitchellExecutive Officer, Director
Offering amount
$5M
Amount sold
$100K
First sale
Jan 2025
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$13.9MraisedFeb 2025 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mack LeathExecutive Officer, Director
  • John MitchellExecutive Officer, Director
  • Dr. Jordan BalencicDirector
Offering amount
$15M
Amount sold
$13.9M
First sale
Nov 2024
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.1MraisedNov 2021 · 9 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Lawrence DiamondExecutive Officer, Director
  • Shelia SchweitzerDirector
  • Juan IturreguiDirector
  • H. Faraz NaqviDirector
  • Jenny Ingrid LindstromExecutive Officer
  • Thomas BrodmerkelDirector
  • Phillip J KellerExecutive Officer
Offering amount
$10M
Amount sold
$3.1M
Finders' fees
$217K
Placement agents
Carter, Terry & Company, Inc., EF Hutton, division of Benchmark Investments, LLC
First sale
Oct 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedNov 2021 · 4 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Juan Carlos IturreguiDirector
  • Phillip KellerExecutive Officer
  • Thomas BrodmerkelDirector
  • Ingrid Jenny LindtromExecutive Officer
  • Shelia SchweitzerDirector
  • Faraz NaqviDirector
  • Lawrence DiamondExecutive Officer, Director
Offering amount
$10M
Amount sold
$2M
Minimum investment
$25K
Finders' fees
$141.8K
Placement agents
Carter, Terry & Company, Inc., EF Hutton, division of Benchmark Investments, LLC
First sale
Oct 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.6MraisedApr 2021 · 45 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Thomas BrodmerkelDirector
  • Lawrence DiamondExecutive Officer, Director
  • Ronald RiewoldDirector
  • Juan Carlos IturreguiDirector
  • Phillip J KellerExecutive Officer
  • H. Faraz NaqviDirector
Offering amount
$2M
Amount sold
$1.6M
First sale
Mar 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedApr 2021 · 4 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Juan Carlos IturreguiDirector
  • Ronald RiewoldDirector
  • Lawrence DiamondExecutive Officer, Director
  • Thomas BrodmerkelDirector
  • H. Faraz NaqviDirector
  • Phillip J KellerExecutive Officer
Offering amount
$3M
Amount sold
$3M
Sales commissions
$360K
Placement agents
Carter Terry & Company, Inc., Carter Terry & Company, Inc.
First sale
Mar 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.3MofferedJul 2016 · Pharmaceuticals
Rule 506(c)
Officers, directors & promoters on the filing
  • James Michael DriscollExecutive Officer, Director
  • Phillip CroneDirector
  • Stephen KeaveneyExecutive Officer, Director
Offering amount
$2.3M
Minimum investment
$15K
Sales commissions
$225K
Incorporated
Corporation, Delaware
Federal exemptions
06c
Full filing on SEC EDGAR ↗

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

Valuation · disclosed

Disclosed events
$45.2Mvaluation at IPOMay 2025 · $4.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Frequently asked questions

What does Mitesco do?
Mitesco operates a data center and cloud computing services business through its subsidiary Centcore, offering managed hosting and colocation services, while its subsidiary Vero Technology Ventures develops artificial intelligence-based applications for cloud platforms, including a sales automation tool called Robo Agent targeting residential real estate and other consumer-facing markets.
How much funding has Mitesco raised?
Mitesco has disclosed $23.7M raised across 6 of its 11 known rounds.
Where is Mitesco headquartered?
Mitesco is headquartered in Vero Beach, US.