Banking & Finance  April 4, 2017

Cubspot Inc. finding success in first round of funding

BOULDER — Cubspot Inc., an online marketplace for kids’ tutors, classes and camps, has sold $200,000 in convertible notes in its first round of funding.

Cubspot’s chief executive, Rachael Shayne, said her company is seeking a total of $750,000 by selling debt as promissory notes, and has found an investor in a technology startup studio, Boulder Bits.

The company — a marketplace for parents seeking activities for their children and a posting place for providers of those activities — will use the funding to start building back-office software catered to the camps and tutors.

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