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UBITQUITY, LLC Completes its $900K Seed Round Early with an Oversubscription from Accredited Investors
News provided byEIN Presswire
Mar 20, 2023, 5:43 PM ET
Ubitquity has completed its much anticipated Seed Round of $900K 11 days early & brought on additional investors before its Series A offering begins in Q2.WILMINGTON, DELAWARE, UNITED STATES, March 20, 2023 /EINPresswire.com/ -- Ubitquity LLC, the leading enterprise blockchain-secured platform for real estate and title recordkeeping, is excited to announce that it has successfully completed the long sought-after seed funding round from private investors in different regions worldwide.
This round of investment enables further development of the company’s growing network of versatile bleeding edge web3 platforms and solutions, along with new tools to support the US title, escrow, and across a number of vertical markets with NFTitle™ (formerly called Non-Fungible Title™), CryptoListing™, and UbitquityPay™.
“The majority of the latest proceeds from the seed round will be used for ensuring the scalability and stability of our flagship product; NFTitle™, R&D for our experimental software division, UbitquityAI™, as well as general operational expenses. I am thrilled that we not only completed our seed round eleven days earlier than we planned, but we also oversubscribed this fundraising round,” said Nathan Wosnack, Founder & CEO at Ubitquity.
“Now it’s time to put our foot on the gas pedal. Closing this investment milestone serves to validate our company’s mission. It is vitally important for the next stage of our growth. This investment in Ubitquity is a strong show of confidence in our corporate vision. We are thrilled to welcome the strategic group of investment partners joining our company to help propel us to the next chapter of our start-up,” added Wosnack.
Due to its unexpected oversubscription, Ubitquity is extending its seed round offering until March 31st at 11:59 PM ET (GMT -5) or until it reaches $1 million raised — whichever happens to come first.
Ubitquity will be launching its Series A offering at 12:00 AM ET (GMT -5) on Monday, April 3rd. To learn more about Ubitquity’s seed round, visit Ubitquity.io/invest and to learn more about its Series A offering, visit Ubitquity.io/series-a.
About Ubitquity, LLC
UBITQUITY, the leading blockchain-secured platform for real estate and title recordkeeping, offers a simple user experience for securely recording and tracking property deeds and land records. The company is partnered with academia, aviation companies, municipalities, and real estate companies.
Ignacio Landáez Duin, Chief Operating Officer
tel: +1 (724) BITCØIN [248–2046]
NOT AN OFFER TO SELL SECURITIES. Information contained in this press release is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Read the full Securities Offering Disclaimer. Not a Broker-Dealer. Ubitquity is neither a registered representative under the Financial Industry Regulatory Authority (“FINRA”), a member of FINRA or associated or Affiliated (as defined below) with any member of FINRA, nor a broker-dealer registered with the SEC under the Exchange Act of 1934 (“Exchange Act”) or engaged in a business that would require it to be so registered, nor is it an Affiliate of a broker-dealer or any Person engaged in a business that would require it to be registered as a broker-dealer. Read the full Broker-Dealer Disclaimer.
Ignacio Landáez Duin
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