Cloud Dentistry $1.25 million Financing. Roberto Tepichin III Published Jan 14 Form D

Cloud Dentistry Financing

Cloud Dentistry, Llc, Limited Liability Company just released form D regarding $1.25 million equity financing. This is a new filing. Cloud Dentistry was able to finance itself with $755,000 so far. That is 60.40 % of the fundraising offer. The total fundraising amount was $1.25 million. The offering form was filed on 2019-01-14. The reason for the financing was: unspecified. The fundraising still has about $495,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Cloud Dentistry is based in Alabama. The filler’s business is Other Technology. The form D was filed by Roberto Tepichin III Manager. The company was incorporated in 2014. The filler’s address is: 884 Detering Street, Houston, Tx, Texas, 77007. Roberto Tepichin Iii is the related person in the form and it has address: C/O Cloud Dentistry, Llc, 884 Detering Street, Houston, Tx, Texas, 77007. Link to Cloud Dentistry Filing: 000176436719000001.

Analysis of Cloud Dentistry Offering

On average, firms in the Other Technology sector, sell 85.80 % of the total offering size. Cloud Dentistry sold 60.40 % of the offering. The financing is still open. The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 50.97 % smaller than the average of $1.54 million. Of course this should not be taken as negative. Startups raise funds for a variety of needs and reasons. 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 Cloud Dentistry Also

The Form D signed by Roberto Tepichin III might help Cloud Dentistry, 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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