Fundraising Fox

Saba Labs

Birmingham, US · Founded 2013 · Alabama LLC

Founders & leadership

Saba Labs was founded in 2013 by Madding King III, Philip White, and Hossein Dovlatabadi.

MK
Madding King IIIManager and Member
PW
Philip WhiteManager and Member
HD
Hossein DovlatabadiManager and Member

Reported raises · per SEC filings

Form D private placements

$2.9M disclosed across 4 rounds · 2015–2017

$250KraisedJul 2017 · 1 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Bob JacobusExecutive Officer
  • Mading King IIIDirector
  • William A Legg, Jr.Director
  • Hossein DovlatabadiDirector
Offering amount
$250K
Amount sold
$250K
Proceeds to insiders
$42K
First sale
Jul 2017
Incorporated
Limited Liability Company, Alabama, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$525KraisedMar 2017 · 8 investors · Pharmaceuticals
Rule 506(b)
Officers, directors & promoters on the filing
  • William A. Legg, Jr.Executive Officer
  • Hossein DovlatabadiExecutive Officer
  • Madding King IIIExecutive Officer
Offering amount
$1M
Amount sold
$525K
Sales commissions
$100K
Placement agents
Brookline Group, LLC
Incorporated
Limited Liability Company, Alabama, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$850KraisedAug 2016 · 7 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Hossein DovlatabadiExecutive Officer, Director
  • Madding King IIIDirector
  • Philip WhiteExecutive Officer, Director
Offering amount
$850K
Amount sold
$850K
Minimum investment
$1
Sales commissions
$75K
Placement agents
Brookline Group, LLC
First sale
Mar 2015
Incorporated
Limited Liability Company, Alabama, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.2MraisedAug 2015 · 8 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Madding King IIIDirector
  • Philip WhiteExecutive Officer, Director
  • Hossein DovlatabadiExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$1.2M
Minimum investment
$1
Sales commissions
$150K
Proceeds to insiders
$300K
Placement agents
Brookline Group, LLC
Incorporated
Limited Liability Company, Alabama, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Frequently asked questions

Who founded Saba Labs?
Saba Labs was founded by Madding King III, Philip White, Hossein Dovlatabadi in 2013.
How much funding has Saba Labs raised?
Saba Labs has disclosed $2.9M raised across 4 rounds.
Where is Saba Labs headquartered?
Saba Labs is headquartered in Birmingham, US.