Phase Change Software Financing
Phase Change Software Llc, Limited Liability Company just submitted form D regarding $75,037 equity financing. This is a new filing. Phase Change Software was able to finance itself with $75,037. That is 100.00% of the fundraising offer. The total private financing amount was $75,037. The fundraising form was filed on 2016-11-21. The reason for the financing was: unspecified.
Phase Change Software is based in Colorado. The firm’s business is Other Technology. The form was submitted by Steven PC Bucuvalas Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 651 Corporate Circle, Suite 209A, Golden, Co, Colorado, 80401. Howard Culang is the related person in the form and it has address: C/O Phase Change Software Llc, 651 Corporate Circle, Suite 209A, Golden, Co, Colorado, 80401. Link to Phase Change Software Filing: 000101532516000082.
Analysis of Phase Change Software Offering
On average, companies in the Other Technology sector, sell 85.80% of the total offering amount. Phase Change Software sold 100.00% of the offering. Could this mean that the trust in Phase Change Software is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 95.13% smaller than the average of $1.54 million. Of course this should not be taken as negative. Startups get financed for a variety of needs and reasons. The minimum investment for this financing 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 Phase Change Software Also
The Form D signed by Steven PC Bucuvalas might help Phase Change Software Llc’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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