Independent Data Management Financing
Independent Data Management, Llc, Limited Liability Company just submitted form D because of $2.05 million equity financing. This is a new filing. Independent Data Management was able to finance itself with $2.05 million. That is 100.00% of the fundraising. The total fundraising amount was $2.05 million. The private financing document was filed on 2016-11-29. The reason for the financing was: unspecified.
Independent Data Management is based in Illinois. The filler’s business is Agriculture. The form D was signed by Deb Casurella President. The company was incorporated in 2012. The filler’s address is: 405 South Banker Street, Effingham, Il, Illinois, 62401. Deb Casurella is the related person in the form and it has address: 405 South Banker Street, Effingham, Il, Illinois, 62401. Link to Independent Data Management Filing: 000166675216000002.
Analysis of Independent Data Management Offering
On average, startups in the Agriculture sector, sell 63.30% of the total offering size. Independent Data Management sold 100.00% of the offering. Could this mean that the trust in Independent Data Management is high? The average financing size for companies in the Agriculture industry is $287,000. The total amount raised is 614.29% bigger than the average for companies in the Agriculture sector. The minimum investment for this offering was set at $100000. 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 Independent Data Management Also
The Form D signed by Deb Casurella might help Independent Data Management, 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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