Solidifies its Position as the Leading Provider of IP Funding Solutions
LAS VEGAS (December 22, 2023) – 3&1 Fund today announced its partnership with Vita Inclinata Technologies, further reinforcing its position as the global leader in IP (Intellectual Property) based financing solutions. Using a debt structure, 3&1 Fund provided Vita Inclinata, an innovator in intelligent lifting hardware and software for rescue crews and other field safety applications, a compelling alternative to traditional equity-based Venture Capital financing, boosting their expansion initiatives with $44 million in funding. According to Caleb Carr, president and CEO of Vita Inclinata, “We are extremely pleased to have partnered with 3&1 Fund to execute a transformative debt raise for the business. The 3&1 team is honest, direct, and willing to get creative to execute the best of business strategies. With 3&1 by our side, Vita is in a place to execute against our catalysts for significant growth.”
The funding structure designed by 3&1 Fund for Vita Inclinata will allow the company’s ownership to retain control over their operations and and their future earnings while leveraging the power of their powerful IP to secure the mid-stage funds they need. According to Brian Mosbey, founder and president of 3&1 Fund, “We are looking to create a stable financial foundation in every deal we facilitate, not only for the innovator, but also for the insurer and lender. We are committed to successful financial outcomes for all parties involved.” Mosbey added, “With their vision of using innovation to save lives, and the proven technologies they have developed to do just that, Vita Inclinata is exactly the kind of client 3&1 Fund is actively seeking.”
ABOUT 3&1 FUND:
3&1 Fund is the first mover in the untapped global market of lending on Intellectual Property (IP). Founded by Brian Mosbey, the global expert on IP funding, 3&1 Fund cultivates financing solutions for each client with consideration to the varied nature and complexities of intellectual property. 3&1 Fund seeks clients who want to retain ownership of their entities and are committed to meaningful change through innovation. Prospective partners will have a portfolio of valuable, unencumbered IP and a minimum of $5 million in annual revenues, The target client seeks $20 million to $150 million in funding.