Axiom Practice Management Financing
Axiom Practice Management, Llc, Limited Liability Company just submitted form D about $1.00 million equity financing. This is a new filing. Axiom Practice Management was able to fundraise $1.00 million. That is 100.00% of the fundraising offer. The total private financing amount was $1.00 million. The fundraising form was filed on 2016-12-01. The reason for the financing was: unspecified.
Axiom Practice Management is based in Arkansas. The firm’s business is Other Health Care. The D form was filed by Joel Carter General Counsel. The company was incorporated in 2011. The filler’s address is: 610 President Clinton Avenue, Suite 110, Little Rock, Ar, Arkansas, 72201. Mark Dake is the related person in the form and it has address: 610 President Clinton Avenue, Suite 110, Little Rock, Az, Arizona, 72201. Link to Axiom Practice Management Filing: 000164666316000006.
Analysis of Axiom Practice Management Offering
On average, companies in the Other Health Care sector, sell 68.60% of the total offering size. Axiom Practice Management sold 100.00% of the offering. Could this mean that the trust in Axiom Practice Management is high? The average offering amount for companies in the Other Health Care industry is $1.16 million. The offering was 13.79% smaller than the average of $1.16 million. Of course this should not be interpreted as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this offering was set at $376182. 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 Axiom Practice Management Also
The Form D signed by Joel Carter might help Axiom Practice 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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