Form D Coverage: Phone2action $4.62 million Fundraising. Jebidiah Ory Submitted Jul 12 D Form


Phone2action, Inc. - Jebidiah Ory

Phone2action Financing

Phone2action, Inc., Corporation just had published form D because of $4.62 million equity financing. This is a new filing. Phone2action was able to sell $4.62 million. That is 100.00% of the financing round. The total financing amount was $4.62 million. The private financing document was filed on 2016-07-12. The reason for the financing was: unspecified.

Phone2action is based in Virginia. The filler’s business is not disclosed. The form D was submitted by Jebidiah Ory Chief Executive Officer and Secretary. The company was incorporated in 2012. The filler’s address is: 1401 Wilson Boulevard, Suite 100, Arlington, Va, Virginia, 22209. Jebidiah Ory is the related person in the form and it has address: 1401 Wilson Boulevard, Suite 100, Arlington, Va, Virginia, 22209. Link to Phone2action Filing: 000089706916000951.

Analysis of Phone2action Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Phone2action sold 100.00% of the offering. Could this mean that the trust in Phone2action is high? The average investment offering size for companies in all industries in our database is $3.05 million. The total amount raised is 51.59% bigger than the average for companies in the database. 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 Phone2action Also

The Form D signed by Jebidiah Ory might help Phone2action, 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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