Form D Buzzer: Valimail $12.00 million Fundraising. Alexander Garcia-Tobar Published Oct 30 Form D

Technology Valimail Inc. - Alexander Garcia-Tobar

Valimail Financing

Valimail Inc., Corporation just had published form D regarding $12.00 million equity financing. This is a new filing. Valimail was able to fundraise $12.00 million. That is 100.00% of the offering. The total private financing amount was $12.00 million. The offering form was filed on 2016-10-30. The reason for the financing was: unspecified.

Valimail is based in California. The firm’s business is Other Technology. The form D was submitted by Alexander Garcia-Tobar Chief Executive Officer. The company was incorporated in 2015. The filler’s address is: 55 New Montgomery Street, Suite 510, San Francisco, Ca, California, 94105. Alexander Garcia-Tobar is the related person in the form and it has address: C/O Valimail Inc., 55 New Montgomery Street, Suite 510, San Francisco, Ca, California, 94105. Link to Valimail Filing: 000168918916000001.

Analysis of Valimail Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering size. Valimail sold 100.00% of the offering. Could this mean that the trust in Valimail is high? The average investment size for companies in the Other Technology industry is $1.54 million. The total amount raised is 679.22% bigger than the average for companies in the Other Technology sector. 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 Valimail Also

The Form D signed by Alexander Garcia-Tobar might help Valimail 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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