About QRails
QRails is a private company based in Denver, Colorado. It has reported $37,119,022 raised in nine offerings on Form D since October 2016. Its chief executive is Brian Brinkley.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Oct 28, 2022 | Jan 12, 2023 | $4,968,000of $5.5M target | 24 | $207K | Debt, Options, Securities on exerciseRule 506(b) | Form D ↗ |
| Jul 22, 2022 | Aug 8, 2022amended Aug 12, 2022 | $8,199,778of $12.0M target | 16 | $512K | EquityRule 506(b) | Form D/A ↗1 earlier filing |
| Feb 17, 2021 | Mar 4, 2021amended Dec 30, 2021 | $10,180,304fully sold | 16 | $636K | Debt, OptionsRule 506(b) | Form D/A ↗2 earlier filings |
| Aug 27, 2020 | Sep 4, 2020amended Dec 30, 2021 | $4,992,940fully sold | 16 | $312K | Equity, OptionsRule 506(b) | Form D/A ↗1 earlier filing |
| Jun 7, 2019 | Jun 11, 2019amended Nov 1, 2019 | $3,674,000of $5.0M target | 20 | $183K | Equity, OptionsRule 506(b) | Form D/A ↗1 earlier filing |
| Mar 23, 2018 | Apr 6, 2018amended Sep 4, 2018 | $3,264,000of $7.0M target | 3 | $1.0M | EquityRule 506(b) | Form D/A ↗2 earlier filings |
| Not yet | Oct 13, 2017 | $0of $1.2M target | 0 | — | EquityRule 506(b) | Form D ↗ |
| Not yet | Mar 24, 2017 | $1,200,000fully sold | 1 | $1.2M | EquityRule 506(b) | Form D ↗ |
| Oct 13, 2016 | Oct 19, 2016 | $640,000fully sold | 1 | $640K | EquityRule 506(b) | Form D ↗ |
| Total, nine offerings | $37,119,022 | |||||
The filing for the offering first filed Mar 24, 2017 reports amount sold but first sale marked as not yet made. Figures are shown as filed.
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on QRails's Form D filed Jan 12, 2023.
Earlier filings also listed Laurence Molke (director and promoter, last listed Dec 2021), David Jackson (director and promoter, last listed Dec 2021), Melanie Barker (president, last listed Nov 2019), Kevin Boudreau (treasurer/secretary, last listed Nov 2019), Gerard Griffin (ceo, last listed Nov 2019), Stephanie Amberson (secretary, treasurer, last listed Sep 2018), Sherry Chesmore (president, last listed Sep 2018) and Naseer Nasim (ceo, last listed Sep 2018).
Sources
- SECQRails, Inc. Form D, filed Aug 8, 2022
- SECQRails, Inc. Form D/A, filed Jun 11, 2021
- SECQRails, Inc. Form D, filed Mar 4, 2021
- SECQRails, Inc. Form D, filed Sep 4, 2020
- SECQRails, Inc. Form D, filed Jun 11, 2019
- SECQRails, Inc. Form D/A, filed May 2, 2018
- SECQRails, Inc. Form D, filed Apr 6, 2018
- SECQRails, Inc. filing history