FreshAir Sensor has filed a notice of an exempt offering of securities to raise $20,000,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, FreshAir Sensor is raising $20,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, John O’toole played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About FreshAir Sensor
FreshAir helps clients detect and prevent unauthorized smoking with the only technology available to specifically monitor for, immediately detect, and prove tobacco smoking and marijuana smoking. FreshAirs Wi-Fi enabled smoking detection system is widely deployed in hotels, apartments, and other professionally managed properties to detect smoking and certify no-smoking areas. When someone smokes, FreshAir provides an alert and timestamped report of the incident, giving scientific proof to enforce a no-smoking policy. FreshAirs detection devices are not fooled by candles, incense, burned food, or other typical excuses. FreshAir helps its clients to: save money on cleaning and avoid lost revenue due to smoking damage; collect cleaning fees from non-compliant guests and residents, and in some cases, increase fees; win credit card chargebacks and avoid court cases; improve guest and resident satisfaction by operating cleaner, healthier, safer environments; and mitigate risks of catastrophic damage from smoking-related fires.
To learn more about FreshAir Sensor, visit http://www.freshairsensor.com/
Contact:
John O’toole, Chief Executive Officer
603-586-0543
https://www.linkedin.com/in/jackotoole1/
SOURCE: http://www.intelligence360.io
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