Form D: Weave Visual Analytics $600000 Fundraising. Jonathan Brooks Published Jul 13 form

Technology Weave Visual Analytics Inc. - Jonathan Brooks

Weave Visual Analytics Financing

Weave Visual Analytics Inc., Corporation just released form D about $600,000 equity financing. This is a new filing. Weave Visual Analytics was able to fundraise $600,000. That is 100.00% of the financing round. The total private offering amount was $600,000. The form was filed on 2016-07-13. The reason for the financing was: unspecified.

Weave Visual Analytics is based in Massachusetts. The firm’s business is Other Technology. The form was filed by Jonathan Brooks Assistant Secretary. The company was incorporated in 2014. The filler’s address is: 600 Suffolk Street, Wannalancit Building, Suite 150C, Lowell, Ma, Massachusetts, 01854. Howard Berke is the related person in the form and it has address: 331 Silver Lake Road, Hollis, Nh, New Hampshire, 03049. Link to Weave Visual Analytics Filing: 000167958316000001.

Analysis of Weave Visual Analytics Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Weave Visual Analytics sold 100.00% of the offering. Could this mean that the trust in Weave Visual Analytics is high? The average financing size for companies in the Other Technology industry is $1.54 million. The offering was 61.04% smaller than the average of $1.54 million. Of course this should not be taken as negative. Businesses get financed for different reasons and needs. The minimum investment for this fundraising 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 Weave Visual Analytics Also

The Form D signed by Jonathan Brooks might help Weave Visual Analytics 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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