SEC Form D Coverage Apriori Technologies $3.50 million Fundraising. Stephanie Fereday Published Oct 4 SEC Filing

Computers Apriori Technologies Inc - Stephanie Fereday

Apriori Technologies Financing

Apriori Technologies Inc, Corporation just had published form D regarding $3.50 million equity financing. This is a new filing. Apriori Technologies was able to finance itself with $3.50 million. That is 100.00% of the financing offer. The total private offering amount was $3.50 million. The offering form was filed on 2016-10-04. The reason for the financing was: unspecified.

Apriori Technologies is based in Massachusetts. The company’s business is Computers. The form was signed by Stephanie Fereday President and Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 300 Baker Avenue, Concord, Ma, Massachusetts, 01742. Stephanie Feraday is the related person in the form and it has address: 300 Baker Avenue, Concord, Ma, Massachusetts, 01742. Link to Apriori Technologies Filing: 000129130116000002.

Analysis of Apriori Technologies Offering

On average, startups in the Computers sector, sell 85.30% of the total offering size. Apriori Technologies sold 100.00% of the offering. Could this mean that the trust in Apriori Technologies is high? The average financing size for companies in the Computers industry is $130,000. The total amount raised is 2,592.31% bigger than the average for companies in the Computers sector. The minimum investment for this offering is set at $0. If you know more about the reasons for the fundraising, 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 Apriori Technologies Also

The Form D signed by Stephanie Fereday might help Apriori Technologies 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.

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