We created FormDs to give you insight into startups and growing companies of all kinds - stealth mode tech startups, hedge funds startups, even coal mine startups! Seriously, see: Forbes & Manhattan (Coal) Inc.
Each Form D filing represents the combined blood, sweat, and tears of a group of people. When we view FormDs, we get to see the engine of the US and world economy as new companies emerge. Beyond that, it's just fun!
Form Ds are filed by startups and growing companies when they raise money. In fact, nearly all companies that we consider 'startups' are required to file a Form D with the SEC when they raise money. At FormDs when we use the word 'startup', we mean everything from tech startups like Twitter, biotech startups like Immune Design Corp, and non-tech startups like oil and gas startup Recovery Energy and retail startups like Sprouts Farmers Markets. Form Ds are not filed for offerings conducted by publicly-traded companies (for example, Intel or Coca-Cola) and small, local businesses (for example, your neighborhood dry cleaner).[1] Companies typically file a Form D for each round of money they raise. Given that nearly all startups file Form Ds, we can use Form Ds to track startups as they are created and grow.
See the SEC's website for the legal details: SEC Form D guidelines
Likely because the company raised money before March 2009. The SEC previously required a longer form called a Reg D Exemption (REGDEX) that was more detailed but also was not digital. The SEC does not currently have those documents online.