Fundraising Fox

Orono Spectral Solutions

Bangor, US · Delaware corporation

Orono Spectral Solutions (OSS) develops patented, solvent-free systems for measuring total oil and grease (TOG) in water, ammonia, air, and other media, along with the ClearSampler technology for collecting and identifying unknown materials. Its products serve laboratories, utilities, and industrial customers across sectors including oil & gas, food and beverage, electronics, and pharmaceuticals, based on the ASTM D7575 method.

Founders & leadership

DS
Dean SmithExecutive
RS
Roland SiroisExecutive
CT
Carl TrippNamed on SEC filing

Board

LD
Luke DoucetteBoard director
RB
Randy BraleyBoard director
JT
Jeff ThrockmortonBoard director

Reported raises · per SEC filings

Form D private placements

$668.7K disclosed across 5 of 7 rounds · 2014–2022

$100KraisedNov 2022 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Brandon BraleyDirector
  • Dean SmithExecutive Officer, Director
  • Roland SiroisExecutive Officer, Director
  • Luke DoucetteDirector
  • Brendon ReayDirector
Offering amount
$250K
Amount sold
$100K
First sale
Nov 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$250KofferedMar 2020 · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Roland SiroisExecutive Officer, Director
  • Dean SmithExecutive Officer, Director
  • Brendon ReayDirector
  • Brandon BraleyDirector
  • Luke DoucetteDirector
Offering amount
$250K
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$30KraisedNov 2019 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Roland SiroisExecutive Officer, Director
  • Dean SmithExecutive Officer, Director
  • Brendon ReayDirector
  • Jill SchimmelDirector
  • Brandon BraleyDirector
  • Luke DoucetteDirector
Offering amount
$500K
Amount sold
$30K
First sale
Nov 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$204.7KraisedMar 2019 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Roland SiroisExecutive Officer, Director
  • Brandon BraleyDirector
  • Dean SmithExecutive Officer, Director
  • Jill SchimmelDirector
  • Luke DoucetteDirector
Offering amount
$600K
Amount sold
$204.7K
Minimum investment
$5K
Proceeds to insiders
$60K
First sale
Jan 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$27KraisedOct 2017 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Luke DoucetteDirector
  • Brandon BraleyDirector
  • Jill SchimmelDirector
  • Dean SmithExecutive Officer, Director
  • Roland SiroisExecutive Officer, Director
Offering amount
$250K
Amount sold
$27K
Minimum investment
$5K
First sale
Oct 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$307KraisedMay 2016 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Luke DoucetteDirector
  • Dean SmithExecutive Officer, Director
  • Randy BraleyDirector
  • Roland SiroisExecutive Officer, Director
  • Jeff ThrockmortonDirector
Offering amount
$500K
Amount sold
$307K
Minimum investment
$5K
First sale
Apr 2016
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$768KofferedSep 2014 · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Dean SmithExecutive Officer, Director
  • Luke DoucetteExecutive Officer, Director
  • Carl TrippExecutive Officer, Director
Offering amount
$768K
Minimum investment
$25K
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Competitors · 1

by search overlap

Companies competing with Orono Spectral Solutions for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 11 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of DefenseOffice for Chemical and Biological DefensePhase II2012$1.1M
U.S. Air ForceAir ForcePhase ISTTR2012$100K
Environmental Protection Agency (EPA)Phase I2012$80K
U.S. ArmyArmyPhase IISTTR2011$750K
Department of DefenseOffice for Chemical and Biological DefensePhase I2011$100K
U.S. ArmyArmyPhase ISTTR2010$100K
U.S. ArmyArmyPhase ISTTR2010$100K
Department of DefenseOffice for Chemical and Biological DefensePhase I2009$70K
Department of DefenseOffice for Chemical and Biological DefensePhase II2007$738.2K
Department of DefenseOffice for Chemical and Biological DefensePhase I2006$100K
Department of DefenseOffice for Chemical and Biological DefensePhase I2005$70K

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

What does Orono Spectral Solutions do?
Orono Spectral Solutions (OSS) develops patented, solvent-free systems for measuring total oil and grease (TOG) in water, ammonia, air, and other media, along with the ClearSampler technology for collecting and identifying unknown materials. Its products serve laboratories, utilities, and industrial customers across sectors including oil & gas, food and beverage, electronics, and pharmaceuticals, based on the ASTM D7575 method.
How much funding has Orono Spectral Solutions raised?
Orono Spectral Solutions has disclosed $668.7K raised across 5 of its 7 known rounds.
Where is Orono Spectral Solutions headquartered?
Orono Spectral Solutions is headquartered in Bangor, US.