Form D Buzzer Hixme Insurance Solutions $16.00 million Fundraising. Dennis Weinberg Published Oct 4 SEC Form

Health Insurance Hixme Insurance Solutions, Inc. - Dennis Weinberg

Hixme Insurance Solutions Financing

Hixme Insurance Solutions, Inc., Corporation just filed form D regarding $16.00 million equity financing. This is a new filing. Hixme Insurance Solutions was able to finance itself with $10.00 million so far. That is 62.51% of the offering. The total offering amount was $16.00 million. The fundraising form was filed on 2016-10-04. The reason for the financing was: unspecified. The fundraising still has about $6.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Hixme Insurance Solutions is based in California. The firm’s business is Health Insurance. The D form was filed by Dennis Weinberg Chief Executive Officer. The company was incorporated in 2015. The filler’s address is: 27489 Agoura Road, Suite 100, Agoura Hills, Ca, California, 91301. Dennis Weinberg is the related person in the form and it has address: 27489 Agoura Road, Suite 100, Agoura Hills, Ca, California, 91301. Link to Hixme Insurance Solutions Filing: 000114036116081728.

Analysis of Hixme Insurance Solutions Offering

On average, startups in the Health Insurance sector, sell 87.80% of the total offering amount. Hixme Insurance Solutions sold 62.51% of the offering. The fundraising is still open. The average investment floor size for companies in the Health Insurance industry is $617,000. The total amount raised is 1,520.99% bigger than the average for companies in the Health Insurance sector. The minimum investment for this fundraising is set at $0. If you know more about the reasons for the financing, please comment below.

What is Form D? What It Is Used For

Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.

Why Fundraising Reporting Is Good For Hixme Insurance Solutions Also

The Form D signed by Dennis Weinberg might help Hixme Insurance Solutions, Inc.’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment