A Bethesda, Maryland-based company sold $1.7 million in private equity, according to a Securities and Exchange Commission filing. The total filing is for $2.0 million.
Crelate Inc. filed the Form D on Feb. 28. It did not disclose what it would use the proceeds for.
Crelate is a modern talent relationship management company with applicant tracking for recruiters.
Aaron Elder is the CEO of Crelate. Elder served on the board of Celedon Partners before becoming the CEO of Crelate.
Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.
The form can be found here.
