Neptune Financial $10.00 million Financing. Thomas Meister Submitted Feb 13 Form D

February 13, 2018 - By Linda Rogers

Neptune Financial Financing

Neptune Financial Inc., Corporation just filed form D about $10.00 million equity financing. This is a new filing. Neptune Financial was able to fundraise $10.00 million. That is 100.00 % of the round of financing. The total offering amount was $10.00 million. The private financing document was filed on 2018-02-13. The reason for the financing was: unspecified.

Neptune Financial is based in California. The filler’s business is Other Technology. The form D was filed by Thomas Meister CFO & Secretary. The company was incorporated in 2016. The filler’s address is: 600 Montgomery Street, Suite 260, San Francisco, Ca, California, 94111. Albert Periu is the related person in the form and it has address: C/O Neptune Financial Inc., 600 Montgomery Street, Suite 260, San Francisco, Ca, California, 94111. Link to Neptune Financial Filing: 000169537218000001.

Analysis of Neptune Financial Offering

On average, companies in the Other Technology sector, sell 85.80 % of the total offering amount. Neptune Financial sold 100.00 % of the offering. Could this mean that the trust in Neptune Financial is high? The average financing size for companies in the Other Technology industry is $1.54 million. The total amount raised is 549.35 % bigger than the average for companies in the Other Technology sector. The minimum investment for this financing was 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 Neptune Financial Also

The Form D signed by Thomas Meister might help Neptune Financial 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.

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