RALEIGH — Raleigh software service Equity Shift has raised $750,000 in debt from seven investors, according to a recent securities filing.
The round is capped at $1.05 million with roughly $300,000 remaining to be sold. The filing did not indicate the use of proceeds.
Founded in 2019 by Tom Gordon and Will Duckett, Equity Shift is a Raleigh-based subscription software service for private companies and funds to enable automated transfer of their securities.
“We offer our customers a better, faster, and cheaper way to manage primary issuances, secondary sales, tender offers, and multi-party transactions,” co-founder Duckett writes on his LinkedIn page.