XDATA releases free weekly report – $2.64 billion raised by VC & SMB last week


see the forest

 

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“The activity of the VC & SMB market expanded, both fundraising and the activity grew at a faster pace than the overall Reg D market.

VC and operating companies captured 19% of the overall pool of money raised via Regulation D, yet they represented 46% of Form D filers during the seven days ending on May 27. Issuers fetched 97 cents for each dollar offered, representing an improvement of 52% for the period. Following a more stable trend, compliance scores on average reached 94.

During the week, the number of fundraising transactions increased by 8.7% to 225. Companies were much more bullish than before and offered the market $2.73 billion worth of securities, an improvement of 77%. Mirroring a similar path, investors acquired much more, subscriptions grew 282% to $2.64 billion.”

Snapchat closed its equity security offering after increasing its fundraising cap by…$1.27Bln


Change: offered +178% / raised +236% / placed 100%
XDATA – May 25th 2016
Snapchat closed its unregistered equity offering after increasing the placement’s size by 178% to $1.81 billion. The offer closed after the company raised $1.27 billion from one hundred and twenty-two additional investors within a year. At closing, a total of one hundred and fifty-seven investors had subscribed to Snapchat‘s offering. The company closed four unregistered private placements which raised an estimated $615.21 million.
Snapchat markets and develops a photo messaging application that allows users to communicate by taking photos or recording videos, add text and drawings, and send them. Investors include Lightspeed Venture Partners, Benchmark Capital, Coatue Management, Institutional Venture Partners and General Catalyst Partners.
The company is headquartered in Venice CA. Snapchat elected to keep its revenues undisclosed.
The executive team includes Andrew Vollero, Chris Handman, Evan Spiegel, Imran Khan and Robert Murphy.
The board of directors includes Joanna Coles, Michael Lynton, Mitch Lasky and Stanley Meresman.

The company has raised an estimated total of $2.42 billion via private unregistered security offerings.

Offering recap
Status: Completed
Company: Snapchat
Industry: Other Technology
Amount offered: $1.81 billion
Amount placed: $1.81 billion
SEC filing: Source
First sale: 02-17-2015
Data as of: 05-25-2016

VC & SMBs disclosed raising $688 million last week


During the seven day period, the Regulation D market contracted at a slightly faster pace in terms of transactions while the pool of money raised shrank at an a milder clip. The activity of the VC & SMB market contracted in line with the overall Regulation D market trend though fundraising growth outpaced the overall Regulation D market.

Download the complete weekly report below

05 16 2016 Weekly

$11.94 Bln raised in Q1 2016, XDATA releases activity report series


see the forestI am delighted to announce the release of a series of activity reports focusing on the VC & SMB financing market as well as 24h turnaround consulting service for clients who need custom activity reports based on issuers’ location, industry, custom time-frame and any other combination of attributes.

2016 Q1 activity report. Quarterly, semi-annual and annual reports are available for purchase on qbeats‘ platform.

The reports showcase XDATA’s normalized and curated content set based on Regulation D. They also leverage Yseop‘s natural language generation technology that enables us to provide unmatched market analytics while allowing us to continue to focus on what we do best: collect, normalize, curate, contextualize and provide a second life to a source of information that has been abused by data miners and that has been traditionally poorly leveraged by data providers.

While our Q1 2016 investment amount is right on the money with the NVCA’s MoneyTree Report ($11.94Bln vs. $12.1Bln), the most important is that our number of transactions is not (2.2K vs 1K) because our research process actually offers a more complete and unbiased view of the private SMB market than venture capital data sets that are based on unregulated information such as press release and therefore, fraught with inaccuracies. At the very least (and most importantly), we provide an alternative and a novel and fresh perspective to investment professionals and market participants.

Aquion Energy’s offering lures eighteen backers and raised $33 million


More info, other stories and profiles available here
XDATA – April 26th 2016
So far eighteen investors participated to Aquion Energy‘s $60 million non-brokered financing round. Financial backers bought, a few months ago, 55% of the offering or $33.2 million worth of equity. $26.8 million in additional funding can be raised before January 2017 based on the placement’s structure. The company closed four previous unregistered private placements which raised an estimated $124.97 million.
Aquion Energy markets, manufactures and develops Aqueous Hybrid Ion (AHI™) battery systems that are optimized for stationary, long duration daily cycling applications. This includes off-grid and microgrids, energy management, and grid-scale energy storage applications. The company’s battery systems provide flexible, modular energy storage that optimizes existing generation assets and enables broad adoption of renewable energy technologies such as wind and solar. Batteries can be assembled into systems ranging from kilowatt-hours to megawatt-hours. Financial backers include by Advanced Technology Ventures, Bright Capital, Foundation Capital, Kleiner Perkins Caufield & Byers, and Bill Gates.
The company, headquartered in Pittsburgh PA, is led by Scott A Pearson (CEO). Aquion Energy elected to keep its revenues undisclosed.
The executive team includes Jay Whitacre and John Connolly.
The board of directors includes Bill Wiberg, Jan Van Dokkum, Ray Lane, Steve Vassallo and Thomas R McDaniel.

The company has raised an estimated total of $158.17 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Aquion Energy
Industry: Other Energy
Amount offered: $60 million
Amount placed: $33.2 million
SEC filing: Source
First sale: 01-27-2016
Data as of: 04-26-2016

Cabify raised $93.45 million in equity at first close


For the whole story go here.

That was reported by XDATA 12 hours ahead of heavy weight WSJ and specialist TechCrunch.

Of course all other Form D based news service never made the connection:

Maxi Mobility = Cabify

XDATA is on qbeats featuring PayWindow


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XDATA is on qbeats featuring PayWindows™, an optional frictionless environment for consumers to purchase content on a per-story basis, paying with cash or with their time by viewing a sponsored ad.

Visit XDATA on qbeats to access all the stories of the day.

Cheddar reports $3 million investment round


www.XDATA.co
XDATA – February 19th 2016
Cheddar raised $3 million as part of a fully subscribed non-brokered equity offering. The subscription, which started on February 4th, lured six investors. No offering was previously initiated by the company under a registration exemption with the SEC.
The company is a business news organization that streams live content primarily from the New York Stock Exchange trading floor. Investors include Jeremy Liew, WGI Group, Homebrew, Jerry Speyer and David Fiszel.
Cheddar, registered in 2016, is headquartered in New York NY. It is led by Jonathan Steinberg (President). Revenues were not disclosed.
The board of directors includes Jeremy Liew.
Offering recap
Status: Completed
Company: Cheddar
Industry: Other
Amount offered: $3 million
Amount placed: $3 million
SEC filing: Source
First sale: 02-04-2016
Data as of: 02-11-2016

Investors buy $6.62 million worth of Skuid’s equity


www.XDATA.co
XDATA – February 19th 2016
Skuid disclosed placing 69% of its $9.62 million non-brokered equity issuance. Based on the filing, four investors started to subscribe to the $6.62 million first close almost two weeks ago. $3 million in additional funding can be raised before February 2017 based on the placement’s structure. The company doesn’t appear to have previously sold securities under a registration exemption with the SEC.
Skuid markets and develops a software that enables the development of bespoke user experience fast and without code. Developers can connect, assemble, deploy, and adjust inside one seamless, code-free platform. Investors include Salesforce Ventures.
Skuid, registered in 2016, is headquartered in Chattanooga TN. It is led by Ken McElrath (President). Revenues were not disclosed.
The board of directors includes Brian Hoekstra and Hasan Askari.
Offering recap
Status: First close
Company: Skuid
Industry: Other Technology
Amount offered: $9.62 million
Amount placed: $6.62 million
SEC filing: Source
First sale: 02-08-2016
Data as of: 02-19-2016

$15.07 million raised so far by Nico via private placement


www.XDATA.co
XDATA – February 19th 2016
Nico disclosed selling 84% of its $18 million non-brokered equity offering to forty-one investors. The sale started on February 5th according to the document filed at the SEC. Based on the offering’s structure, the company has until February 2017 to raise an extra $2.93 million. The company closed three previous unregistered private placements which raised an estimated $21.68 million.
Nico develops technology for the field of corridor surgery, including Cranial, ENT, Spinal and Otolaryngology where access to the surgical site is limited. The company’s technology and products are designed to progress corridor surgery by creating instruments that allow for access through smaller openings and resection of soft tissue abnormalities. Investors include Rose-Hulman Institute of Technology, River Cities Capital Fund, CHV Capital, Cornelius Private Investments, and Twilight Venture Partners.
The company is headquartered in Indianapolis IN. Nico elected to keep its revenues undisclosed.
The executive team includes Jeffrey L Hanthorn, Jim Pearson and Joseph L Mark.
The board of directors includes J Carter McNabb, James R Baumgardt, Keith E Brauer and Niles L Noblitt.

The company has raised an estimated total of $36.76 million via private unregistered security offerings.

Offering recap
Status: First close
Company: Nico
Industry: Other Health Care
Amount offered: $18 million
Amount placed: $15.07 million
SEC filing: Source
First sale: 02-05-2016
Data as of: 02-19-2016