Centaur Analytics Financing
Centaur Analytics, Inc., Corporation just released form D for $1.51 million equity and debt financing. This is a new filing. Centaur Analytics was able to sell $1.36 million. That is 90.06% of the financing round. The total financing amount was $1.51 million. The financing document was filed on 2016-10-13. The reason for the financing was: unspecified. The fundraising still has about $150,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Centaur Analytics is based in California. The filler’s business is Other Technology. The SEC form was submitted by Christine N Lerios Corporate Secretary. The company was incorporated in 2016. The filler’s address is: 1923 Eastman Ave, Ste 200, Ventura, Ca, California, 93003. Sotirios Bantas is the related person in the form and it has address: 1923 Eastman Ave, Ste 200, Ventura, Ca, California, 93303. Link to Centaur Analytics Filing: 000168565216000001.
Analysis of Centaur Analytics Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Centaur Analytics sold 90.06% of the offering. The financing is still open. Could this mean that the trust in Centaur Analytics is high? The average investment offering size for companies in the Other Technology industry is $1.54 million. The offering was 11.72% smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Startups get financed for different needs and reasons. The minimum investment for this fundraising 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 Centaur Analytics Also
The Form D signed by Christine N Lerios might help Centaur Analytics, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.