Project Obelisk discloses $8 million round with $4 million convertible conversion

The Glendale venture brings together ServiceTitan operators, an ex-JPL engineer and Fika Ventures GP TX Zhuo as a director.

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Primary source: U.S. Securities and Exchange Commission

Why it matters

Project Obelisk has paired research-grade engineering with operators who helped scale vertical software businesses. The filing verifies $8 million of securities sold, although $4 million came from earlier convertibles, leaving the product, investors and valuation undisclosed.

A monumental data structure, an 'obelisk' of interconnected information and investment, glowing with internal activity (Infrared / thermal render with false-color heat mapping and holographic data readouts)

Project Obelisk, Inc., a Glendale, California software venture led by CEO Matthew Roell, disclosed a fully sold $7,999,997 equity offering involving five investors in a Form D filed on July 22nd.…

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