Form D Report: Civikowl $1.50 million Fundraising. Arjun Moorthy Submitted Oct 14 form

Civikowl, Inc. - Arjun Moorthy

Civikowl Financing

Civikowl, Inc., Corporation just filed form D about $1.50 million equity financing. This is a new filing. Civikowl was able to finance itself with $460,000 so far. That is 30.67% of the financing round. The total private financing amount was $1.50 million. The offering form was filed on 2016-10-14. The reason for the financing was: unspecified. The fundraising still has about $1.04 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Civikowl is based in California. The firm’s business is not disclosed. The form D was signed by Arjun Moorthy President & CEO. The company was incorporated in 2016. The filler’s address is: 55 E. 3Rd Avenue, San Mateo, Ca, California, 94401. Arjun Moorthy is the related person in the form and it has address: C/O Civikowl, Inc., 55 E. 3Rd Avenue, San Mateo, Ca, California, 94401. Link to Civikowl Filing: 000114036116082818.

Analysis of Civikowl Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Civikowl sold 30.67% of the offering. The financing is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 84.92% smaller than the average of $3.05 million. Of course this should not be taken as negative. Companies raise funds for a variety of reasons and needs. The minimum investment for this offering is 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 Civikowl Also

The Form D signed by Arjun Moorthy might help Civikowl, 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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