We raised most of the funds in the summer/fall 2017; a lot of this money has already been used for the exchange development, the software licenses we bought, the regulation / legal fees, + salaries of the team, developping prototypes etc.
But yes it was a very good start!
This was some private sale? How much funds were collected so far? And at which stage exchange development right now? Which job done already?
You can check how much they raised already here:
https://tge.jarvis.exchangeThere you can also find the information that they got $1,244,534.85 during their private sale.
considering how the market has been I think that's a great amount. congrats.