Suite Studios' SEC filing shows a $13M offering fully sold
Suite Studios' Form D, filed October 2nd, reports $12,999,986 sold to 10 investors; it names neither investors nor a lead.
By Ryan Merket · Published
Primary source: U.S. Securities and Exchange Commission
Why it matters
Hering turned a post-production bottleneck he experienced firsthand into cloud workflow software. The filing confirms $13M sold, while leaving investor identities, valuation and the company's operating scale undisclosed.
Craig Hering, Suite Studios' co-founder and CEO, built the Boulder company around a problem he knew from the post-production floor: getting large video files to the people who needed to edit them. A Form D filed with the SEC on October 2nd shows Suite Studios sold $12,999,986 in equity, following a $10 million Series A in 2025.
The filing reports that the first sale occurred on September 17th. It lists the full $12,999,986 as sold, with nothing remaining, and counts 10 investors. The filing does not name those investors, identify a lead, or label the financing as a particular venture round. The SEC record establishes the offering's size and that it was fully sold by the time of filing, but not its valuation or who supplied the capital.
For Hering, the idea started with a recurring operational chore. Before founding Suite Studios, he worked as a creative director at a production studio. He told The Fund that he saw workflow problems across the industry, and that his brother and co-founder Michael Hering introduced him to cloud computing as a way to address them. In 2025, Hering told BusinessDen that his studio was shipping 40 hard drives a day. BusinessDen also reported that Suite Studios' revenue grew 800% in 2024 and that it had 26 employees in May 2025; the company expected to double its staff by the end of that year.
A founder's workflow problem becomes infrastructure
Suite Studios sells cloud file storage and streaming, along with virtual workstations for media teams. Its pitch is that editors can access and work with large media files without first downloading entire libraries or passing physical drives between collaborators. The company describes its file-streaming platform as a way to give distributed creative teams access to shared media and editing workflows.
In a 2022 interview, Hering described Suite's aim as moving post-production studios toward cloud storage and virtual workstations, so teams could work remotely with demanding editing software. The system is intended to reduce the time and hardware tied up in moving, storing and accessing media, while letting creative teams work across locations.
Suite Studios' 2025 Series A announcement said its system combines file streaming with cloud infrastructure from AWS and Cloudflare, mounting media as a local drive so users can access files without downloading them in advance. The $10 million round was led by Grotech Ventures and S3 Ventures, with Bonfire Ventures, Range Ventures, Massive Ventures and others participating, according to the company's announcement.
The latest financing follows that Series A by about 16 months. The filing shows the new offering was larger than the Series A, but does not say what Suite Studios plans to spend the capital on or whether existing investors returned. A board seat is not proof of participation: the filing lists Bonfire managing director Brett Queener as a director, but does not say Bonfire invested in this offering.
What the filing says
The filing reports the amount sold and investor count, but provides little information about Suite Studios' operating performance. Suite Studios elected to decline to disclose its revenue range and aggregate net asset range. The filing does not provide revenue, customer numbers, valuation, or a use-of-proceeds breakdown that would indicate whether the money is aimed at hiring, product development or sales.
The board roster includes Queener and Julia Taxin, alongside founder and CEO Craig Hering, co-founder Michael Hering and other company officers. Taxin was a general partner at Grotech Ventures when the firm led Suite Studios' 2025 Series A, according to the company announcement. Those connections provide context for the earlier financing, but do not identify the 10 investors in the new offering.
Suite Studios previously raised a $3.5 million seed round in February 2023, led by Bonfire Ventures with Range Ventures and angel investors participating, according to the company's announcement. Adding that seed, the 2025 Series A and this filing yields $26,499,986 across those three disclosed financings. That arithmetic is not a verified lifetime funding total: the Form D covers this offering alone, and the filing does not reconcile earlier capital or provide a cumulative figure.
The SEC record confirms the financing was fully sold by the filing date. The disclosure does not identify the backers, the round's price or the operating milestones the capital is meant to fund.