July 15, 2015 in Blog, News from Our Companies

Vehcon files update on $1 million capital raise

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VehconVehcon Inc., a Signature company of the Advanced Technology Development Center, said it raised $571,736 of its planned $1 million offering.

The company’s technology uses smart phone technology to extract data from motor vehicles. It then develops that information into predictive data on vehicles and their drivers for use and analysis by related sectors, including auto insurers.

In its Form D filing with the U.S. Securities and Exchange Commission, Vehcon reported it has an additional $428,264 left in the offering to raise to meet its $1 million goal.

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