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 on bringing those technologies to the agriculture industry.
N.io was named one of the Mercury 100 for the Boulder Valley, with growth of more than 5,000 percent.