Fleet Financing

SOBRsafe secures $ 3 million investment – BizWest

Posted on Author Tamika Wolfe Comment(0)


BOULDER – SOBR Safe Inc. (OTCPK: SOBR), a company that has developed a contact alcohol detection system, has received a $ 3 million investment from a major healthcare fund, the company in a press release.

The name of the investment fund was not disclosed.

“We have worked with our institutional advisors to carefully craft a strategic fundraising plan, and we are executing it with precision,” SOBRsafe President Dave Gandini said in a prepared statement. “This $ 3 million is fueling our national business deployment and the addition of key sales, marketing and public relations resources. It also allows us to enter the managed care industry, a vertical industry that we believe is a perfect fit for our technology. With this announcement, we are delighted to launch consistent and material communications with the US capital markets. “

SOBRsafe has developed a device called SOBRcheck, a tactile alcohol detection system designed for use in school buses, fleet vehicles, and facility access control. The company has raised $ 8 million since the start of 2020.

According to the press release, the company plans to begin commercial production of the SOBRcheck devices in October.

SOBR Safe lists a Boulder address as its head office; his Secretary of State’s record shows an address in Santa Ana, Calif., as his main office.

© 2021 BizWest Media LLC

BOULDER – SOBR Safe Inc. (OTCPK: SOBR), a company that has developed a contact alcohol detection system, has received a $ 3 million investment from a major healthcare fund, the company in a press release.

The name of the investment fund was not disclosed.

“We have worked with our institutional advisors to carefully craft a strategic fundraising plan, and we are executing it with precision,” SOBRsafe President Dave Gandini said in a prepared statement. “This $ 3 million is fueling our national business deployment and the addition of key sales, marketing and public relations resources. It also allows us to enter the managed care industry, a vertical industry that we believe is a perfect fit for our technology. With this announcement, we are delighted to launch consistent and material communications with the US capital markets. “

SOBRsafe has developed a device called SOBRcheck, a tactile alcohol detection system designed for use in school buses, fleet vehicles, and facility access control. The company has raised $ 8 million since the start of 2020.

According to the press release, the company plans to begin commercial production of the SOBRcheck devices in October.

SOBR Safe lists a Boulder address as its head office; his Secretary of State’s record shows an address in Santa Ana, Calif., as his main office.

© 2021 BizWest Media LLC

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Tamika Wolfe
https://scribes-alcove.co.uk

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