Date: Jul 23, 2015 Source: Octa Finance (
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3Derm Systems, Inc., Corporation just filed form D because of $1.16 million debt financing. The date of first sale was 2014-07-25. 3Derm Systems was able to sell $1.16 million. That is 100.00% of the fundraising. The total offering amount was $1.16 million. The fundraising form was filed on 2015-07-23. The reason for the financing was: unspecified.
3Derm Systems is based in Alabama. The filler's business is Other Health Care. The form was signed by Elizabeth Asai Co-Founder and CEO. The company was incorporated in 2012. The filler's address is: 101 Main Street, 15Th Floor, Cambridge, Ma, Massachusetts, 02142. Elizabeth Asai is the related person in the form and it has address: C/O 3Derm Systems, Inc., 101 Main Street, 15Th Fl., Cambridge, Ma, Massachusetts, 02142. Link to 3Derm Systems Filing: 000162780815000003.
Analysis of 3Derm Systems Offering
On average, firms in the Other Health Care sector, sell 68.60% of the total offering amount. 3Derm Systems sold 100.00% of the offering. Could this mean that the trust in 3Derm Systems is high? The average offering size for companies in the Other Health Care industry is $1.16 million. The offering was 0.43% smaller than the average of $1.16 million. Of course this should not be taken as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this offering is 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 3Derm Systems Also
The Form D signed by Elizabeth Asai might help 3Derm Systems, 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.
