Vitalflo Inc., a Raleigh-based asthma management technology company, has raised $200,000 by selling debt.

The company filed the Form D last Friday. The filing did not disclose how the company intends to use the money.

Vitalflo was launched in 2017 and has already won numerous awards for innovation. In 2018, it received $50,000 from the NC Idea Seed grant.

The company has developed a spirometer, which measures lung function, to help asthma patients manage their symptoms. It is used in conjunction with a mobile app, enabling users to conveniently track symptoms on the go.

Luke Marshall is the CEO and a cofounder of Vitalflo. He earned his PhD in materials science and engineering from University of Texas at Austin. He previously served as a business development specialist at Global Data Consortium.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.

The form can be found here.