Banking & Finance  August 21, 2017

N.io Innovation parent company raises $1.25M

BROOMFIELD — Societal Innovation Holdings Inc., parent company to n.io Innovation, has raised $1.25 million.

The company filed an amended Form D with the U.S. Securities and Exchange Commission showing it plans to raise $2 million by offering convertible promissory notes. The date of first sale was June 2. A representative for the company did not return a request for more information.

The company’s subsidiary, n.io, is a software platform that lets any business using digital trends such as machine learning, artificial intelligence and the Internet of Things to their advantage. The company is focusing…

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