Fundraising Fox

Virtue Labs

Raleigh, US · Founded 2013 · Delaware LLC

Founders & leadership

Virtue Labs was founded in 2013 by Melisse Shaban.

MS
Melisse ShabaninFounder
JR
John RiceinExecutive
JL
Jose Luis PalaciosinExecutive

Board

PM
Parth MehrotraBoard director
AS
Akshay ShettyBoard director
GP
Gregory PolcerBoard director
LB
Louise BradyBoard director
MZ
Matt ZugaBoard director
WA
William A. HawkinsBoard director
KW
Kim WestmorelandBoard director
TJ
Todd JohnsonBoard director

Reported raises · per SEC filings

Form D private placements

$72.1M disclosed across 4 of 6 rounds · 2013–2023

$17MraisedAug 2024 · 39 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • William A. HawkinsDirector
  • John RiceExecutive Officer, Director
  • Parth MehrotraDirector
  • Akshay ShettyDirector
  • Gregory PolcerDirector
  • Jose Luis PalaciosExecutive Officer, Director
  • Louise BradyDirector
Offering amount
$20M
Amount sold
$17M
First sale
Aug 2023
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.7MraisedApr 2022 · 3 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • John RiceExecutive Officer, Director
  • Patricia LopezDirector
  • Melisse ShabanExecutive Officer, Director
  • Jason FriedlanderDirector
  • William A HawkinsDirector
  • Parth MehrotraDirector
  • Louise BradyDirector
Offering amount
$12M
Amount sold
$3.7M
First sale
Apr 2022
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$28.6MraisedNov 2020 · 26 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Parth MehrotraDirector
  • Louise BradyDirector
  • Patricia LopezDirector
  • Jason FriedlanderDirector
  • William A HawkinsDirector
  • Melisse ShabanExecutive Officer, Director
  • John RiceExecutive Officer, Director
Offering amount
$28.6M
Amount sold
$28.6M
First sale
Oct 2020
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$22.8MraisedAug 2018 · 67 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Matt ZugaDirector
  • William A HawkinsDirector
  • John RiceDirector
  • Michael FishoffExecutive Officer
  • Parth MehrotraDirector
  • Louise F BradyDirector
  • Jason FriedlanderDirector
  • Melisse ShabanExecutive Officer, Director
Offering amount
$23.1M
Amount sold
$22.8M
First sale
Dec 2016
Incorporated
Limited Liability Company, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.1MofferedJan 2017 · 28 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Kim WestmorelandDirector
  • Louise F. BradyDirector
  • Todd JohnsonDirector
  • Melisse ShabanExecutive Officer, Director
  • Matt ZugaDirector
Offering amount
$4.1M
First sale
Apr 2016
Incorporated
Limited Liability Company, Delaware, 2013
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.4MofferedJan 2017 · 19 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Melisse ShabanExecutive Officer, Director
  • Matt ZugaDirector
  • Kim WestmorelandDirector
  • Todd JohnsonDirector
  • Louise F. BradyDirector
Offering amount
$5.4M
First sale
Oct 2013
Incorporated
Limited Liability Company, Delaware, 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.

In the news

Frequently asked questions

Who founded Virtue Labs?
Virtue Labs was founded by Melisse Shaban in 2013.
How much funding has Virtue Labs raised?
Virtue Labs has disclosed $72.1M raised across 4 of its 6 known rounds.
Where is Virtue Labs headquartered?
Virtue Labs is headquartered in Raleigh, US.