Musicplay Analytics Financing
Musicplay Analytics, Llc, Limited Liability Company just released form D because of $900,000 debt financing. The date of first sale was 2016-05-04. Musicplay Analytics was able to finance itself with $890,768. That is 98.97% of the offering. The total private offering amount was $900,000. The financing form was filed on 2016-11-02. The reason for the financing was: unspecified. The fundraising still has about $9,232 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Musicplay Analytics is based in Ohio. The company’s business is not disclosed. The D form was signed by Eron Bucciarelli-Tieger CEO. The company was incorporated in 2014. The filler’s address is: 1411 Vine Street, Cincinnati, Oh, Ohio, 45202. Eron Bucciarelli-Tieger is the related person in the form and it has address: 1411 Vine Street, Cincinnati, Oh, Ohio, 45202. Link to Musicplay Analytics Filing: 000114420416131592.
Analysis of Musicplay Analytics Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering size. Musicplay Analytics sold 98.97% of the offering. The fundraising is still open. Could this mean that the trust in Musicplay Analytics is high? The average investment offering size for companies in all industries in our database is $3.05 million. The offering was 70.79% smaller than the average of $3.05 million. Of course this should not be taken as negative. Businesses raise funds for different needs and reasons. The minimum investment for this financing was set at $25000. 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 Musicplay Analytics Also
The Form D signed by Eron Bucciarelli-Tieger might help Musicplay Analytics, Llc’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.