Identifid, Llc, Limited Liability Company just submitted form D regarding $400,000 debt financing. This is a new filing. Identifid was able to finance itself with $200,000 so far. That is 50.00% of the fundraising. The total private financing amount was $400,000. This form was filed on 2016-07-11. The reason for the financing was: unspecified. The fundraising still has about $200,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Identifid is based in Kansas. The firm’s business is Other Technology. The form was submitted by John M Taylor Manager. The company was incorporated in 2014. The filler’s address is: 5251 W. 116Th Place, Suite 200, Leawood, Ks, Kansas, 66211. John M Taylor is the related person in the form and it has address: 5251 W. 116Th Place, Suite 200, Leawood, Ks, Kansas, 66211. Link to Identifid Filing: 000164887416000002.
Analysis of Identifid Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering amount. Identifid sold 50.00% of the offering. The fundraising is still open. The average fundraising size for companies in the Other Technology industry is $1.54 million. The offering was 87.01% smaller than the average of $1.54 million. Of course this should not be seen as negative. Startups get financed for different reasons and needs. The minimum investment for this fundraising was 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 Identifid Also
The Form D signed by John M Taylor might help Identifid, Llc’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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