On Jun 27 Jeff Ottens Submitted Form D. Modern Teacher $4.00 million Fundraising.

June 27, 2018 - By Nell Hawkins

Modern Teacher Fundraising

A form D was released by Modern Teacher Llc, Limited Liability Company for $4.00 million equity financing. This is a new filing. Modern Teacher sold $4.00 million or 100.00 % of the financing offer.In total it’s $4.00 million. On 2018-06-27 the document was released and the reason was: Per the SPA, Investor may be required to invest an additional $1,000,000 if certain conditions are met..

Modern Teacher is based in Colorado. The company works in the Other Technology business. The person that filed the D form was Jeff Ottens Executive Vice President, Operations. The company was incorporated in 2018. The filler’s address is: 4600 S Ulster St Ste 1050, Denver, Co, Colorado, 80237. Charles Fred is the related person in the form and it has address: 4600 S. Ulster St., Ste. 1050, Denver, Co, Colorado, 80237. Link to Modern Teacher Filing: 000174482518000001.

Modern Teacher Offering Details

The startups in the Other Technology sector sell on avg 85.80 % of their offerings amount. Modern Teacher have sold 100.00 % so far. Could this mean that the trust in Modern Teacher is high? Also companies in the Other Technology industry have an avg fundraising size of $1.54 million.And the total raised amount is 159.74 % bigger than the average.As for minimum investment it was required at $4000000.

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.

Modern Teacher ‘s pluses of Fundraising Reporting

The Form D signed by Jeff Ottens might help Modern Teacher Llc as clients feel much more safe to work with a better financed firm. Chances are high that Modern Teacher Llc 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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