Series Seed Financing
Mark Schroeder represented a Chicago-based technology client in its initial round of “series seed” financing by a venture capital syndicate that included the conversion of several SAFEs (Simple Agreement for Future Equity) held by earlier investors to preferred stock of the client. The client’s software platform centralizes its customers’ data, automates approvals, and enables collaboration across their supply chains. The series seed investment will allow the client to scale up operations and expand to new markets.