On Jun 25 Dan Scudder Released SEC form. Highland Math $1.00 million Fundraising.

June 27, 2018 - By Leslie Harms

Highland Math Fundraising

A form D was submitted by Highland Math, Inc., Corporation about $1.00 million debt financing. This is a new filing. Highland Math sold $382,500 or 38.25 % of the round of financing.In total it’s $1.00 million. On 2018-06-25 the document was submitted and the reason was: unspecified. The fundraising still has about $617,500 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Highland Math is based in Alabama. The filler works in the Computers business. The person that filed the D form was Dan Scudder President. The company was incorporated in 2018. The filler’s address is: 106 Upland Avenue, Newton, Ma, Massachusetts, 02461. Dan Scudder is the related person in the form and it has address: C/O Highland Math, Inc., 106 Upland Avenue, Newton, Ma, Massachusetts, 02461. Link to Highland Math Filing: 000174489118000001.

Highland Math Offering Details

The startups in the Computers sector sell on avg 85.30 % of their offerings amount. Highland Math have sold 38.25 % so far. The financing is still open. Also companies in the Computers industry have an avg fundraising amount of $130,000.And the total raised amount is 194.23 % bigger than the average.As for minimum investment it was set at $0.

Form D – advantages and disadvantages

Usually Form D fillings have information that ventures and startups don’t like revealing. More precisely they reveal plans and reasons for funds raising. On other hand this could help understand better your competitors.

Highland Math ‘s pluses of Fundraising Reporting

The Form D signed by Dan Scudder might help Highland Math, Inc. as clients feel much more safe to work with a better financed firm. Chances are high that Highland Math, Inc. will stay financially sound. There are good PR effects as well as more attention from angels venture-capital, firms and funds.

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