Kontakt.Io $543000 Fundraising. Kathrene Gawel Released May 17 SEC Filing

May 17, 2018 - By Christine Reyes

Kontakt.Io Financing

Kontakt.Io Inc., Corporation just filed form D regarding $543,000 equity financing. This is a new filing. Kontakt.Io was able to finance itself with $515,000. That is 94.84 % of the fundraising. The total offering amount was $543,000. This form was filed on 2018-05-17. The reason for the financing was: unspecified. The fundraising still has about $28,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Kontakt.Io is based in Poland. The company’s business is Other Technology. The form D was filed by Kathrene Gawel Authorized Attorney. The company was incorporated in 2014. The filler’s address is: 160 Greentree Dr, Ste 101, Dover, De, Delaware, 19904. Philipp Von Gilsa is the related person in the form and it has address: Neuenburgerstrasse 9, Berlin, 2M, Germany, 10969. Link to Kontakt.Io Filing: 000167852218000002.

Analysis of Kontakt.Io Offering

On average, startups in the Other Technology sector, sell 85.80 % of the total offering size. Kontakt.Io sold 94.84 % of the offering. The fundraising is still open. Could this mean that the trust in Kontakt.Io is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 66.56 % smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Companies raise funds for a variety of needs and reasons. The minimum investment for this fundraising 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 Kontakt.Io Also

The Form D signed by Kathrene Gawel might help Kontakt.Io 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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