Follow The Form D: Visanow.Com $5.02 million Financing. Richard Burke Published Nov 9 form D

Visanow.Com, Inc. - Richard Burke

Visanow.Com Financing

Visanow.Com, Inc., Corporation just submitted form D regarding $5.02 million equity financing. This is a new filing. Visanow.Com was able to fundraise $5.02 million. That is 100.00% of the fundraising offer. The total private financing amount was $5.02 million. The private financing document was filed on 2016-11-09. The reason for the financing was: unspecified.

Visanow.Com is based in Illinois. The firm’s business is not disclosed. The form was submitted by Richard Burke President and Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 230 West Monroe Street, Suite 2700, Chicago, Il, Illinois, 60606. Richard Burke is the related person in the form and it has address: 230 West Monroe Street, Suite 2700, Chicago, Il, Illinois, 60606. Link to Visanow.Com Filing: 000114036116085487.

Analysis of Visanow.Com Offering

On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Visanow.Com sold 100.00% of the offering. Could this mean that the trust in Visanow.Com is high? The average investment floor size for companies in all industries in our database is $3.05 million. The total amount raised is 64.74% bigger than the average for companies in the database. The minimum investment for this financing is set at $0. 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 Visanow.Com Also

The Form D signed by Richard Burke might help Visanow.Com, 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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