DAN Fund is investing in a Kansas City based company called DivvyHQ. Based in Kansas City, Divvy handles the scheduling of content marketing for major enterprises customers. Divvy began selling the product in 2011 and today has 216 paying customers, all from inbound leads only. The Company does not do any outbound calling or paid advertising, is signing 150 companies per month on trials, and gets 28+ new activations per month. The Company does have a number of enterprise clients including RedBull, Marketo, Fidelity to name a few. Monthly recurring revenue has grown in the double digits every month for the past 12 months. The Company is raising $1.5mm at a pre-money valuation of $5.6mm. DAN Fund is leading the deal and has structured the round as traditional Series A Preferred Stock with a 1.0x liquidation preference, 8% dividend, board representation, etc. DAN Fund is investing $510k and is looking for others to syndicate with. We have a full investment memo available on request. sammy@danfundllc.com

Right now we are only trying to syndicate DivvyHQ.