Virtanza Clarifies Seed Round Funding Status
Online Sales Program Company Increases Offering to $1.25 Million
Sep 28, 2020, 13:44 ET
LAGUNA BEACH, Calif., Sept. 28, 2020 /PRNewswire/ -- As previously announced, Sales2Job Academy, Inc. DBA Virtanza ("Virtanza") had its first closing under its $1.0 Million preferred stock offering on September 18, 2020. In aggregate and including the conversion of existing convertible and SAFE notes totaling $300,000, the closing aggregated $895,000. In order to accommodate additional interest in the transaction, Virtanza's Board of Directors has added a second closing and increased the preferred from $1.0 Million to $1.25 Million.
"Sales is everything," says Founder & CEO of Virtanza, Debbie Holzkamp. After three decades of experience managing sales teams with Fortune 500 and national companies to achieve more than $1 billion in sales, she set about to develop curriculum and a delivery platform to solve for the long-standing dilemma of training salespeople to fill the hundreds of thousands of open sales positions on any given day. In so doing, Holzkamp brought together a highly experienced management and advisory team of sales, marketing, content and technology development, and education professionals to scale the business model and build significant traction in the education technology space.
"The interest from the investment community has been very encouraging," says COO, Michael Pratt, whose own background includes two decades of working with start-ups and venture-financed companies. "In fact, we have over-subscribed in this initial round. Investors see our early success, even in this uncertain economy, and are confident in our ability to execute the plan at hand."
To date, Virtanza has successfully introduced its professional sales curriculum recommended for ACE CREDIT® to eleven marque universities and colleges across the nation, including multiple Top 10 Public National Universities. Plugged seamlessly into the individual school's Learning Management System (LMS) and delivered in virtual, synchronous classrooms, the Professional Sales Ready Certificate© is currently offered in for-credit and Continuing Ed formats to diverse audiences of undergraduate and adult learners across the U.S. Curricula focused on Professional Sales Management, One and Two, will launch with multiple schools in coming months, as will a specialized sales program featuring all three curricula. A Sales Tech Bootcamp and On-Demand materials have also been well received by school leaders, and an Employer Portal scheduled to debut in Q1 2021 will accomplish the team's immediate vision of partnering with universities and employers to deliver high-impact, experiential training to a new generation of sales professionals to fill the hundreds of thousands of open sales positions.
Virtanza can be found online at www.virtanza.com.
About Virtanza
Headquartered in Orange County, California, Virtanza white labels professional sales training in virtual, synchronous classrooms to universities and colleges. Products include the company's anchor program, Virtanza Professional Sales Ready Certificate©, recommended by ACE CREDIT®, as well as Professional Sales Management One and Two programs, Sales Bootcamps, and On-Demand materials. In early 2021, Virtanza will introduce its proprietary Employer Portal to complete the connection of highly trained sales professionals to open sales roles across the U.S. For more information, please visit www.virtanza.com.
Media Contact: Natalie Petersen, [email protected], 310-658-7385
SOURCE Virtanza
