Inscape Circle Financing
Inscape Circle, Llc, Limited Liability Company just filed form D announcing $5.95 million debt financing. This is a new filing. Inscape Circle was able to sell $5.95 million. That is 100.00% of the offering. The total offering amount was $5.95 million. The fundraising form was filed on 2016-12-01. The reason for the financing was: unspecified.
Inscape Circle is based in Alabama. The firm’s business is not disclosed. The SEC form was filed by Khajak Keledjian Chief Executive Officer. The company was incorporated in 2014. The filler’s address is: 45 W 21St, Store Front 1, New York, Ny, New York, 10010. Khajak Keledjian is the related person in the form and it has address: 45 W 21St, 10010, New York, Ny, New York, 10010. Link to Inscape Circle Filing: 000167156716000002.
Analysis of Inscape Circle Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Inscape Circle sold 100.00% of the offering. Could this mean that the trust in Inscape Circle is high? The average offering size for companies in all industries in our database is $3.05 million. The total amount raised is 95.08% bigger than the average for companies in the database. The minimum investment for this offering 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 Inscape Circle Also
The Form D signed by Khajak Keledjian might help Inscape Circle, 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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