Ipfolio Corp, Corporation just released form D announcing $398,750 equity financing. This is a new filing. Ipfolio was able to finance itself with $398,750. That is 100.00% of the fundraising offer. The total private offering amount was $398,750. The private financing document was filed on 2016-10-30. The reason for the financing was: unspecified.
Ipfolio is based in Austria. The firm’s business is Other Technology. The form D was signed by Christine Gruler Finance Manager. The company was incorporated in 2012. The filler’s address is: 2600 Tenth Street Ste 635, Berkeley, Ca, California, 94710. Rupert Andreas Mayer is the related person in the form and it has address: 7837 Terrace Dr, El Cerrito, Ca, California, 94530. Link to Ipfolio Filing: 000168421816000001.
Analysis of Ipfolio Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Ipfolio sold 100.00% of the offering. Could this mean that the trust in Ipfolio is high? The average investment offering size for companies in the Other Technology industry is $1.54 million. The offering was 74.11% smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Businesses get financed for a variety of needs and reasons. The minimum investment for this offering was set at $5500. 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 Ipfolio Also
The Form D signed by Christine Gruler might help Ipfolio Corp’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.