Isocline Engineering Financing
Isocline Engineering Corp, Corporation just filed form D about $6.32 million equity financing. This is a new filing. Isocline Engineering was able to finance itself with $6.32 million. That is 100.00% of the round of financing. The total private financing amount was $6.32 million. This form was filed on 2016-12-01. The reason for the financing was: unspecified.
Isocline Engineering is based in Texas. The company’s business is Other Technology. The form D was filed by Michael Henry Chief Executive Officer. The company was incorporated in 2014. The filler’s address is: 7020 Easy Wind Drive, Suite 120, Austin, Tx, Texas, 78752. Michael Henry is the related person in the form and it has address: 7020 Easy Wind Drive, Suite 120, Austin, Tx, Texas, 78752. Link to Isocline Engineering Filing: 000169121716000001.
Analysis of Isocline Engineering Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering amount. Isocline Engineering sold 100.00% of the offering. Could this mean that the trust in Isocline Engineering is high? The average investment floor size for companies in the Other Technology industry is $1.54 million. The total amount raised is 310.32% bigger than the average for companies in the Other Technology sector. The minimum investment for this fundraising is set at $0. If you know more about the reasons for the fundraising, 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 Isocline Engineering Also
The Form D signed by Michael Henry might help Isocline Engineering Corp’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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