Seamless Medical Systems Financing
Seamless Medical Systems Inc., Corporation just released form D regarding $4.56 million equity financing. This is a new filing. Seamless Medical Systems was able to sell $4.56 million. That is 100.00% of the offering. The total fundraising amount was $4.56 million. This form was filed on 2016-10-13. The reason for the financing was: Unknown.
Seamless Medical Systems is based in New Mexico. The firm’s business is Other Technology. The D form was signed by Candice L Owens POA. The company was incorporated in 2014. The filler’s address is: 11 Sendero Del Oso, Santa Fe, Nm, New Mexico, 87506. David Perez is the related person in the form and it has address: 320 Delgado Street, Santa Fe, Nm, New Mexico, 87501. Link to Seamless Medical Systems Filing: 000160182316000002.
Analysis of Seamless Medical Systems Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Seamless Medical Systems sold 100.00% of the offering. Could this mean that the trust in Seamless Medical Systems is high? The average fundraising size for companies in the Other Technology industry is $1.54 million. The total amount raised is 196.00% bigger than the average for companies in the Other Technology sector. The minimum investment for this offering was set at $2500. 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 Seamless Medical Systems Also
The Form D signed by Candice L Owens might help Seamless Medical Systems 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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