Today’s Form D Filing: Vicarious Surgical $800000 Fundraising. Adam Sachs Released Oct 19 Form D

Health Care Vicarious Surgical Inc. - Adam Sachs

Vicarious Surgical Financing

Vicarious Surgical Inc., Corporation just had published form D for $800,000 equity financing. This is a new filing. Vicarious Surgical was able to fundraise $800,000. That is 100.00% of the fundraising. The total fundraising amount was $800,000. The financing document was filed on 2016-10-19. The reason for the financing was: unspecified.

Vicarious Surgical is based in Massachusetts. The firm’s business is Other Health Care. The form D was signed by Adam Sachs President. The company was incorporated in 2014. The filler’s address is: 86 Sherman Street, Cambridge, Ma, Massachusetts, 02140. Adam Sachs is the related person in the form and it has address: 86 Sherman Street, Cambridge, Ma, Massachusetts, 02140. Link to Vicarious Surgical Filing: 000166681016000005.

Analysis of Vicarious Surgical Offering

On average, startups in the Other Health Care sector, sell 68.60% of the total offering amount. Vicarious Surgical sold 100.00% of the offering. Could this mean that the trust in Vicarious Surgical is high? The average financing size for companies in the Other Health Care industry is $1.16 million. The offering was 31.03% smaller than the average of $1.16 million. Of course this should not be seen as negative. Companies get financed for different needs and reasons. The minimum investment for this financing is set at $0. If you know more about the reasons for the fundraising, 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 Vicarious Surgical Also

The Form D signed by Adam Sachs might help Vicarious Surgical 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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