Offered vs. sold
“Offered” is the ceiling the company registered. “Sold” is what investors have already committed at filing time. A high sold ratio means the round is largely done — quietly.
Fully subscribed = a closed, unannounced round
When sold equals offered, the raise is complete. Everything after that — the press release, the coverage — is choreography. You are reading it here first.
Versus the last round
Each filing is compared against the company’s last round in our database. A filing several times the last round signals acceleration; a small one can signal a bridge.
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