Noteworthy Form D Filing: C360 Technologies $635000 Financing. Evan Wimer Published Nov 7 SEC Filing

Technology C360 Technologies, Inc. - Evan Wimer

C360 Technologies Financing

C360 Technologies, Inc., Corporation just submitted form D announcing $635,000 equity financing. This is a new filing. C360 Technologies was able to fundraise $635,000. That is 100.00% of the financing round. The total private financing amount was $635,000. The fundraising form was filed on 2016-11-07. The reason for the financing was: unspecified.

C360 Technologies is based in Pennsylvania. The filler’s business is Other Technology. The form was filed by Evan Wimer Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 12330 Perry Highway, Wexford, Pa, Pennsylvania, 15090. Evan Wimer is the related person in the form and it has address: C/O C360 Technologies, Inc., 12330 Perry Highway, Wexford, Pa, Pennsylvania, 15090. Link to C360 Technologies Filing: 000168904916000001.

Analysis of C360 Technologies Offering

On average, companies in the Other Technology sector, sell 85.80% of the total offering size. C360 Technologies sold 100.00% of the offering. Could this mean that the trust in C360 Technologies is high? The average investment offering size for companies in the Other Technology industry is $1.54 million. The offering was 58.77% smaller than the average of $1.54 million. Of course this should not be taken as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this offering 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 C360 Technologies Also

The Form D signed by Evan Wimer might help C360 Technologies, 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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