Form D On Watch: Mparticle $17.50 million Fundraising. Michael Katz Published Oct 13 form D

Technology Mparticle, Inc. - Michael Katz

Mparticle Financing

Mparticle, Inc., Corporation just filed form D announcing $17.50 million equity financing. This is a new filing. Mparticle was able to finance itself with $17.50 million. That is 100.00% of the fundraising offer. The total private financing amount was $17.50 million. This form was filed on 2016-10-13. The reason for the financing was: unspecified.

Mparticle is based in New York. The filler’s business is Other Technology. The D form was signed by Michael Katz Chief Executive Officer. The company was incorporated in 2012. The filler’s address is: 257 Park Avenue South, Suite 1100, New York, Ny, New York, 10010. Michael Katz is the related person in the form and it has address: 257 Park Avenue South, Suite 1100, New York, Ny, New York, 10010. Link to Mparticle Filing: 000158282616000005.

Analysis of Mparticle Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Mparticle sold 100.00% of the offering. Could this mean that the trust in Mparticle is high? The average financing size for companies in the Other Technology industry is $1.54 million. The total amount raised is 1,036.36% bigger than the average for companies in the Other Technology sector. The minimum investment for this offering was 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 Mparticle Also

The Form D signed by Michael Katz might help Mparticle, 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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