Encounter Telehealth Financing
Encounter Telehealth, Llc, Limited Liability Company just released form D because of $990,000 equity financing. This is a new filing. Encounter Telehealth was able to fundraise $410,000 so far. That is 41.41% of the offering. The total fundraising amount was $990,000. The fundraising form was filed on 2016-11-23. The reason for the financing was: unspecified. The fundraising still has about $580,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Encounter Telehealth is based in Alabama. The company’s business is Other Health Care. The SEC form was filed by Jennifer Amis Chief Executive Officer. The company was incorporated more than five years ago. The filler’s address is: 17117 Oak Street, Suite A, Omaha, Ne, Nebraska, 68130. Jennifer Amis is the related person in the form and it has address: 1502 Jones Street, #305, Omaha, Ne, Nebraska, 68102. Link to Encounter Telehealth Filing: 000168147116000002.
Analysis of Encounter Telehealth Offering
On average, firms in the Other Health Care sector, sell 68.60% of the total offering amount. Encounter Telehealth sold 41.41% of the offering. The fundraising is still open. The average financing size for companies in the Other Health Care industry is $1.16 million. The offering was 64.66% smaller than the average of $1.16 million. Of course this should not be seen as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this financing is set at $25000. 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 Encounter Telehealth Also
The Form D signed by Jennifer Amis might help Encounter Telehealth, 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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