3Vr Security Financing
3Vr Security Inc, Corporation just had published form D regarding $2.47 million debt financing. This is a new filing. 3Vr Security was able to fundraise $2.47 million. That is 100.00% of the fundraising offer. The total offering amount was $2.47 million. The financing document was filed on 2016-11-21. The reason for the financing was: unspecified.
3Vr Security is based in California. The firm’s business is Other Technology. The form D was submitted by Robert Allen Shipp CEO. The company was incorporated more than five years ago. The filler’s address is: 814 Mission Street, Suite 400, San Francisco, Ca, California, 94103. Robert Allen Shipp is the related person in the form and it has address: C/O 3Vr Security, Inc., 814 Mission Street, Suite 400, San Francisco, Ca, California, 94103. Link to 3Vr Security Filing: 000135085616000001.
Analysis of 3Vr Security Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. 3Vr Security sold 100.00% of the offering. Could this mean that the trust in 3Vr Security is high? The average offering amount for companies in the Other Technology industry is $1.54 million. The total amount raised is 60.40% 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 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 3Vr Security Also
The Form D signed by Robert Allen Shipp might help 3Vr Security 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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