Important Form D Filing: Driven Data Consulting $350000 Financing. Jay Rumbach Published Oct 6 D Filing

Technology Driven Data Consulting Llc - Jay Rumbach

Driven Data Consulting Financing

Driven Data Consulting Llc, Limited Liability Company just submitted form D regarding $350,000 equity financing. This is a new filing. Driven Data Consulting Llc is expected to finance itself with $350,000 in this fundraising. The total financing amount was $350,000. The fundraising form was filed on 2016-10-06. The reason for the financing was: unspecified. The fundraising still has about $350,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Driven Data Consulting is based in Alabama. The filler’s business is Other Technology. The SEC form was submitted by Jay Rumbach Attorney. The company was incorporated in 2015. The filler’s address is: 11344 Geist Bluff Court, Indianapolis, In, Indiana, 46236. Jonathan Berna is the related person in the form and it has address: 11344 Geist Bluff Court, Indianapolis, In, Indiana, 46236. Link to Driven Data Consulting Filing: 000168165916000001.

Analysis of Driven Data Consulting Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Driven Data Consulting sold 0.00% of the offering. The fundraising is still open. The average investment floor size for companies in the Other Technology industry is $1.54 million. The offering was 100.00% smaller than the average of $1.54 million. Of course this should not be seen as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this fundraising was set at $349999. 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 Driven Data Consulting Also

The Form D signed by Jay Rumbach might help Driven Data Consulting Llc’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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