Lead Intelligence Financing
Lead Intelligence, Inc., Corporation just filed form D because of $10.00 million equity financing. This is a new filing. Lead Intelligence was able to fundraise $10.00 million. That is 100.00% of the financing round. The total private offering amount was $10.00 million. The financing document was filed on 2016-07-11. The reason for the financing was: unspecified.
Lead Intelligence is based in Pennsylvania. The firm’s business is Other Technology. The SEC form was submitted by Ross Shanken President. The company was incorporated in 2012. The filler’s address is: 201 S. Maple Avenue, Suite 150, Ambler, Pa, Pennsylvania, 19002. Ross Shanken is the related person in the form and it has address: 201 S. Maple Avenue, Suite 150, Ambler, Pa, Pennsylvania, 19002. Link to Lead Intelligence Filing: 000155519716000001.
Analysis of Lead Intelligence Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Lead Intelligence sold 100.00% of the offering. Could this mean that the trust in Lead Intelligence is high? The average fundraising size for companies in the Other Technology industry is $1.54 million. The total amount raised is 549.35% bigger than the average for companies in the Other Technology sector. The minimum investment for this offering 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 Lead Intelligence Also
The Form D signed by Ross Shanken might help Lead Intelligence, 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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