Friday, June 22, 2018

First NC PACES Act Crowdfunding Campaign Launches

By Mark Easley

It’s North Carolina business history in the making. An innovative Raleigh startup is the first company in North Carolina to find investors--not through PowerPoint and pitches--but through investment crowdfunding, thanks to the state’s new NC PACES Act. The Secretary of State Securities Division has issued the compliance letter for the offering and it is now live online on the LocalstakeNC crowdfunding platform.
About Mark Easley

You can find some amazing video of the Hush Buddy toddler sleep training system at www.hushbuddysleep.com. Here is a news story about the offering in WRALTechwire and another post in Triangle Business Journal. North Carolina Secretary of State Elaine Marshall has a press release about it.

Hush Buddy inventor Scott Hanson tells the story:

"Our company is Hush Buddy, which is bringing an exciting patented sleep training system for toddlers to market. The Hush Buddy system is complete with a storybook, parent’s guide and 'Whisper, the Hush Buddy', a night-light character that requires quiet to glow and dims if there’s sound to motivate the child to go to bed quietly. Moms report impressive results in two nights or less.

Thanks to the NC PACES Act, any resident of North Carolina can now get in on the ground floor as an investor in Hush Buddy with as little as $500. It’s easy to do with a free online investor account at https://nc.localstake.com/for_investors. And other North Carolina based businesses and startups can follow the lead of Hush Buddy and get funded with crowdfunding at https://nc.localstake.com/for_businesses. We think this is a win-win-win for North Carolina businesses and startups, everyday investors, and the state itself."

You may contact Scott Hanson with questions about the company and offering through the offering website. For more information click on Whisper the Hush Buddy below.