Form D Don’t Lie: Compliance Science $3.00 million Fundraising. Jean-Marc Levy Released Jul 11 Filing

Technology Compliance Science, Inc. - Jean-Marc Levy

Compliance Science Financing

Compliance Science, Inc., Corporation just had published form D announcing $3.00 million equity financing. This is a new filing. Compliance Science was able to sell $3.00 million. That is 100.00% of the round of financing. The total private financing amount was $3.00 million. This form was filed on 2016-07-11. The reason for the financing was: This filing covers the sale and issuance of Series B Preferred Stock and the underlying Common Stock issuable upon conversion thereof..

Compliance Science is based in New York. The company’s business is Other Technology. The D form was signed by Jean-Marc Levy Chief Executive Officer. The company was incorporated in 2013. The filler’s address is: 875 Avenue Of The Americas, 12Th Floor, New York, Ny, New York, 10001. Jean-Marc Levy is the related person in the form and it has address: C/O Compliance Science, Inc., 875 Avenue Of The Americas, 12Th Floor, New York, Ny, New York, 10001. Link to Compliance Science Filing: 000159713616000001.

Analysis of Compliance Science Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Compliance Science sold 100.00% of the offering. Could this mean that the trust in Compliance Science is high? The average fundraising size for companies in the Other Technology industry is $1.54 million. The total amount raised is 94.80% bigger than the average for companies in the Other Technology sector. The minimum investment for this fundraising is set at $1. 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 Compliance Science Also

The Form D signed by Jean-Marc Levy might help Compliance Science, 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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