The Minneapolis-based health and wellness company kicked off the round of financing early this year, raising $5 million. At the time, the company planned to raise a total of $15 million. It’s now $5 million away from that goal, according to the regulatory document.
RedBrick has reeled in about $60 million over the past five years. In an interview with the Star Tribune published Sunday, company officials indicated that RedBrick may eventually pursue an initial public offering.”