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Description Operator of a cloud-based content management software designed to provide all-in-one... More Description
Operator of a cloud-based content management software designed to provide all-in-one solution for creating, distributing and selling eBooks. The company's software is simple automated systems to help self-publishers get to market easily in both print and e-book form, enabling authors and publishers with full-featured, open-platform services spanning content, workflow, marketing and distribution.

Most Recent Financing Status

The company is in the process of raising $50,000 of equity crowdfunding via Wefunder. Previously, the company was acquired by Courier Corporation (NASDAQ: CRRC) for $5 million on April 30, 2013.

Website: www.fastpencil.com
Entity Type: Private Company
Legal Name: FastPencil, Inc.
Business Status: Generating Revenue
Ownership Status: Acquired/Merged (Operating Subsidiary)
Financing Status: Formerly Angel backed
Year Founded: 2008
Universe: Pre-venture
Parent Company: Courier
Employees: 4

 

 

Industries & Verticals

 

Primary Industry: Publishing

Other Industries: Application Software

Verticals: SaaS

What PitchBook Analysts Say

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"Organizations are evolving into continuous creators of digital IP. To be successful, they must find ways to streamline and prioritize product creation and reduce administrative bottlenecks. DevOps has the potential to help organizations realize these goals, while making it easier to manage the complexity and fast-paced nature of today’s IT landscape."

Q4 2019 Emerging Tech Research: Cloudtech: DevOps

05-Mar-2020

Paul Condra

 

Contact Information

 

Primary Office

517 Boston Post Road

Suite 593

Sudbury, MA 01776

United States

Phone: +1 (408) 540-7571

 

Alternate Offices

1094 New Dehaven Street

Suite 100

West Conshohocken, PA 19428

United States

Phone: +1 (877) 289-2665



Deal History (3)

 

Deal #3: Equity Crowdfunding, In Progress 
Deal History (3)
#   Deal Type                              Date                     Raised to Date     Pre-Valuation    Post- Valuation      Stage
3   Equity Crowdfunding         18-Dec-2020                                                                                Generating Revenue
2   Merger/Acquisition             30-Apr-2013     $5.00M                  $1.00M              $5.00M                     Startup
1   Angel (individual)                 04-Dec-2008    $1.00M                  $1.00M                                                  Startup

Deal Type: Equity Crowdfunding

Deal Status: Announced/In Progress

Financing Status: Pending Transaction (Angel)

Financing Source: Individual

CEO/Lead MGT: Arthur Gutch

Site: Sudbury, MA

# of Employees: 4

Business Status: Generating Revenue

Deal Synopsis: The company is in the process of raising $50,000 of equity crowdfunding via Wefunder (See below).

 

Deal #2: Merger/Acquisition, $5M, Completed; 30-Apr-2013

 

Deal Type: Merger/Acquisition

Deal Amount: $5.00M

Deal Status: Completed

Deal Date: 30-Apr-2013

% Acquired: 100.00%

Financing Status: Formerly Angel backed

Financing Source: Corporate

Raised to Date: $1.00M

Post Valuation: $5.00M

Contingent Payout: $13.00M

CEO/Lead MGT: Steve Wilson

Site: Sudbury, MA

Business Status: Startup

Deal Synopsis: The company was acquired by Courier Corporation (NASDAQ: CRRC) for $5

million on April 30, 2013.

 

Deal #1: Angel (individual), $1M, Completed; 04-Dec-2008

 

VC Round: Angel

Deal Type: Angel (individual)

Deal Amount: $1.00M

Deal Status: Completed

Deal Date:04-Dec-2008

Financing Status: Angel-Backed

Financing Source: Individual

Raised to Date: $1.00M

Total Invested Equity: $1.00M

CEO/Lead MGT: Steve Wilson

Site: Sudbury, MA

Business Status: Startup

Deal Synopsis: The company raised $1 million of angel funding from Randy Haykin and other undisclosed investors on December 4, 2008.

 

 

 

 

 

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