Form D SEC Filing: Medaware Systems $2.00 million Fundraising. Neil A Cox Submitted Nov 22 SEC Form

Health Care Medaware Systems, Inc. - Neil A Cox

Medaware Systems Financing

Medaware Systems, Inc., Corporation just had published form D for $2.00 million equity financing. The date of first sale was 2015-11-15. Medaware Systems was able to sell $2.00 million. That is 100.00% of the financing round. The total fundraising amount was $2.00 million. The financing form was filed on 2016-11-22. The reason for the financing was: unspecified.

Medaware Systems is based in Colorado. The company’s business is Other Health Care. The D form was signed by Neil A Cox Chief Financial Officer. The company was incorporated in 2013. The filler’s address is: 3400 Industrial Lane, Broomfield, Co, Colorado, 80020. Michael A. Willis is the related person in the form and it has address: 3575 23Rd St., Boulder, Co, Colorado, 80304. Link to Medaware Systems Filing: 000159257616000008.

Analysis of Medaware Systems Offering

On average, firms in the Other Health Care sector, sell 68.60% of the total offering size. Medaware Systems sold 100.00% of the offering. Could this mean that the trust in Medaware Systems is high? The average offering amount for companies in the Other Health Care industry is $1.16 million. The total amount raised is 72.41% bigger than the average for companies in the Other Health Care sector. The minimum investment for this offering was set at $20000. 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 Medaware Systems Also

The Form D signed by Neil A Cox might help Medaware Systems, 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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