Form D Worth Mentioning Today: Heptaquest $100000 Financing. Guruprasad Venkataramanan Submitted Oct 7 Form D

Heptaquest, Llc - Guruprasad Venkataramanan

Heptaquest Financing

Heptaquest, Llc, Limited Liability Company just released form D because of $100,000 debt financing. This is a new filing. Heptaquest was able to fundraise $65,000 so far. That is 65.00% of the fundraising offer. The total private offering amount was $100,000. The fundraising form was filed on 2016-10-07. The reason for the financing was: unspecified. The fundraising still has about $35,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Heptaquest is based in Texas. The company’s business is not disclosed. The form was submitted by Guruprasad Venkataramanan Manager. The company was incorporated in 2015. The filler’s address is: 321 Shady Timbers Lane, Murphy, Tx, Texas, 75094. Guruprasad Venkataramanan is the related person in the form and it has address: 321 Shady Timbers Lane, Murphy, Tx, Texas, 75094. Link to Heptaquest Filing: 000168559816000001.

Analysis of Heptaquest Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Heptaquest sold 65.00% of the offering. The financing is still open. The average offering amount for companies in all industries in our database is $3.05 million. The offering was 97.87% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Startups get financed for a variety of needs and reasons. The minimum investment for this offering was 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 Heptaquest Also

The Form D signed by Guruprasad Venkataramanan might help Heptaquest, 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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