Form D Action: Bricksolve $4.59 million Financing. David Munczinski Submitted Oct 28 Form D

Technology Bricksolve, Inc. - David Munczinski

Bricksolve Financing

Bricksolve, Inc., Corporation just had published form D for $4.59 million equity financing. This is a new filing. Bricksolve was able to finance itself with $4.59 million. That is 100.00% of the financing round. The total private financing amount was $4.59 million. The financing document was filed on 2016-10-28. The reason for the financing was: unspecified.

Bricksolve is based in New York. The firm’s business is Other Technology. The form D was submitted by David Munczinski Chief Executive Officer. The company was incorporated in 2013. The filler’s address is: 137 Grand Street,, 3Rd Floor, New York, Ny, New York, 10013. David Munczinski is the related person in the form and it has address: 137 Grand Street, 3Rd Floor, New York, Ny, New York, 10013. Link to Bricksolve Filing: 000162005916000003.

Analysis of Bricksolve Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering size. Bricksolve sold 100.00% of the offering. Could this mean that the trust in Bricksolve is high? The average fundraising size for companies in the Other Technology industry is $1.54 million. The total amount raised is 197.80% bigger than the average for companies in the Other Technology sector. The minimum investment for this financing 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 Bricksolve Also

The Form D signed by David Munczinski might help Bricksolve, 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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