Form D On Watch: Truewerk $100000 Fundraising. Brian Ciciora Released Oct 31 Form D

Truewerk, Inc. - Brian Ciciora

Truewerk Financing

Truewerk, Inc., Corporation just filed form D because of $100,000 equity financing. This is a new filing. Truewerk was able to fundraise $100,000. That is 100.00% of the financing offer. The total private financing amount was $100,000. The private financing document was filed on 2016-10-31. The reason for the financing was: unspecified.

Truewerk is based in Colorado. The firm’s business is not disclosed. The D form was signed by Brian Ciciora President & CEO. The company was incorporated in 2014. The filler’s address is: 4681 16Th Street, Boulder, Co, Colorado, 80304. Brian Ciciora is the related person in the form and it has address: C/O Truewerk, Inc., 4681 16Th Street, Boulder, Co, Colorado, 80304. Link to Truewerk Filing: 000168859516000001.

Analysis of Truewerk Offering

On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Truewerk sold 100.00% of the offering. Could this mean that the trust in Truewerk is high? The average investment size for companies in all industries in our database is $3.05 million. The offering was 96.72% smaller than the average of $3.05 million. Of course this should not be seen as negative. Firms raise funds for different needs and reasons. The minimum investment for this financing 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 Truewerk Also

The Form D signed by Brian Ciciora might help Truewerk, 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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