Form D Don’t Lie: Paperless Transaction Management $18.10 million Financing. Stephen F Bisbee Submitted Nov 23 Form D

Technology Paperless Transaction Management, Inc. - Stephen F Bisbee

Paperless Transaction Management Financing

Paperless Transaction Management, Inc., Corporation just released form D about $18.10 million equity financing. This is a new filing. Paperless Transaction Management was able to sell $18.10 million. That is 100.00% of the financing round. The total private financing amount was $18.10 million. The financing document was filed on 2016-11-23. The reason for the financing was: unspecified.

Paperless Transaction Management is based in Maryland. The filler’s business is Other Technology. The form was filed by Stephen F Bisbee President. The company was incorporated more than five years ago. The filler’s address is: 351 W. Camden Street, Suite 800, Baltimore, Md, Maryland, 21201. Gary B. Wood, Ph.D. is the related person in the form and it has address: 1000 Three Lincoln Centre, 5430 Lbj Freeway, Dallas, Tx, Texas, 75240. Link to Paperless Transaction Management Filing: 000146838916000003.

Analysis of Paperless Transaction Management Offering

On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Paperless Transaction Management sold 100.00% of the offering. Could this mean that the trust in Paperless Transaction Management is high? The average fundraising amount for companies in the Other Technology industry is $1.54 million. The total amount raised is 1,075.32% bigger than the average for companies in the Other Technology sector. The minimum investment for this financing 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 Paperless Transaction Management Also

The Form D signed by Stephen F Bisbee might help Paperless Transaction Management, 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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