GPX Software has raised $250,000 from the sale of equity, according to documents recently filed with the Securities and Exchange Commission. Overall, the company, based in Ann Arbor, MI, is seeking $500,000, the documents say.
Incorporated in 2009, the startup is developing Internet-based software that can help help users create accurate financial reports such as cash flow statements, balance sheets, and income statements.
Author: Thomas Lee
Thomas Lee came to Xconomy from Internet news startup MedCityNews.com, where he launched its Minnesota Bureau. He previously spent six years as a business reporter with the Star Tribune in Minneapolis. Lee has also written for the St. Louis Post-Dispatch, Seattle Times, and China Daily USA. He has been recognized several times for his work, including the National Press Foundation Fellowship on Alzheimer's disease, the East West Center's Jefferson Fellowship, and the MIT Knight Center Kavli Science Journalism Fellowship on Nanotechnology. Lee is also a former Minnesota chapter president for the Asian American Journalists Association and a former board member with Mu Performing Arts in Minneapolis.
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