Form D to Follow: Quantopian $25.63 million Financing. John Fawcett Submitted Nov 14 form D

Technology Quantopian Inc. - John Fawcett

Quantopian Financing

Quantopian Inc., Corporation just submitted form D because of $25.63 million equity financing. This is a new filing. Quantopian was able to finance itself with $25.63 million. That is 100.00% of the financing round. The total financing amount was $25.63 million. The financing form was filed on 2016-11-14. The reason for the financing was: unspecified.

Quantopian is based in Massachusetts. The company’s business is Other Technology. The D form was filed by John Fawcett Chief Executive Officer. The company was incorporated in 2011. The filler’s address is: 100 Franklin Street, 5Th Floor, Boston, Ma, Massachusetts, 02110. John Fawcett is the related person in the form and it has address: C/O Quantopian Inc., 100 Franklin Street, 5Th Floor, Boston, Ma, Massachusetts, 02110. Link to Quantopian Filing: 000123191916000067.

Analysis of Quantopian Offering

On average, firms in the Other Technology sector, sell 85.80% of the total offering amount. Quantopian sold 100.00% of the offering. Could this mean that the trust in Quantopian is high? The average investment size for companies in the Other Technology industry is $1.54 million. The total amount raised is 1,564.54% bigger than the average for companies in the Other Technology sector. 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 Quantopian Also

The Form D signed by John Fawcett might help Quantopian 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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