Courbanize, Inc., Corporation just released form D regarding $360,500 debt financing. This is a new filing. Courbanize was able to fundraise $360,500. That is 100.00% of the offering. The total private offering amount was $360,500. This form was filed on 2016-10-31. The reason for the financing was: unspecified.
Courbanize is based in Massachusetts. The company’s business is Other Technology. The form was submitted by Karin Brandt President of the Issuer. The company was incorporated in 2013. The filler’s address is: 35 Kingston Street, Unit 1, Boston, Ma, Massachusetts, 02111. Karin Brandt is the related person in the form and it has address: 35 Kingston Street, Unit 1, Boston, Ma, Massachusetts, 02111. Link to Courbanize Filing: 000158996616000002.
Analysis of Courbanize Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering size. Courbanize sold 100.00% of the offering. Could this mean that the trust in Courbanize is high? The average investment offering size for companies in the Other Technology industry is $1.54 million. The offering was 76.59% smaller than the average of $1.54 million. Of course this should not be seen as negative. Businesses raise funds for a variety of needs and reasons. 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 Courbanize Also
The Form D signed by Karin Brandt might help Courbanize, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.