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Form D · on the record

Karousels Inc. — $250K Form D filing, June 2025

Karousels Inc. filed a Form D with the Securities and Exchange Commission on 2025-06-20.

Karousels Inc. filed a Form D notice of an exempt securities offering with the SEC on June 20, 2025. The filing reports $250K sold. Its industry group is Other Technology. It names Mark Feil (Executive Officer, Director), Somsubhra Sikdar (Director), Mark Wrightsman (Director) (SEC Form D, June 20, 2025).

2 more Other Technology raises in Minnesota, June 2025 ↓

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Karousels Inc.

New Form D on file · 2025-06-20 · the record

$250K
raise on the record
D
filing
3
investors in
MINNESOTA
based
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What the record says

FilingForm D
Filed2025-06-20
Industry groupOther Technology
Entity typeCorporation
Incorporated inDELAWARE
Year formed2021
BasedEagan, MINNESOTA
CIK1915752
Accession0001915752-25-000001

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More on the people and the money behind Karousels Inc., from the filings we hold.

More raises like this

Other Technology raises by companies based in Minnesota, filed in June 2025, largest first.

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What the filing shows about Karousels Inc.

  • 3 investors had already put money in when it filed.
  • The filing names 5 people as officers, directors or promoters.

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Who the filing names, and in what role

The filing gives Karousels Inc.'s address as 860 Blue Gentian Rd, Suite 200, Eagan, MN 55121.

What the filing says

  • Offered: $1,200,000. Sold: $250,000. Left to sell: $950,000. (filing)
  • Investors: 3 had already invested. (filing)
  • Date of first sale: June 6, 2025. (filing)
  • Types of securities: Options, warrants or other rights to acquire another security; Other: SAFE. (filing)
  • Item 16: the filing reports that none of the proceeds goes to executive officers, directors or promoters. (filing)

This is the company's own disclosure. A payment disclosed on a Form D is a disclosed use of proceeds, not a finding of wrongdoing.

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Is Karousels Inc. a real, registered company?

Karousels Inc. is a registered filer with the SEC (CIK 1915752) and has filed since 2024-07-24. 3 filings are on record, the latest on 2026-08-10.

A filing shows the company exists and what it reports about itself. It is not an audit or a rating.

Who runs Karousels Inc.?

Karousels Inc.'s Form D of 2025-06-20 names Mark Feil, Somsubhra Sikdar, Mark Wrightsman and 2 more as its officers, directors or promoters.

How much has Karousels Inc. raised?

Its new offerings report $310K sold across 2 offerings, as its own filings state.

Filing history · 3 filings on this registrant
Form D/A, amended · 2024-07-24 · $1.78MForm D · 2025-06-20 · $250K · this pageForm D · 2026-08-10 · $60K 2024-07-24 2026-08-10

A hollow marker is an amendment (Form D/A); a solid one is an original Form D. The larger marker is the filing this page is about.

Other Technology · by week

Trailing twelve months. 3842 filings in Other Technology, totalled by week.

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What the filing shows about Karousels Inc.

  • 3 investors had already put money in when it filed.
  • The filing names 5 people as officers, directors or promoters.

Only in the Full Report: Who Runs It, And How To Reach Them · Warning Bells · Who Pays Them, And Who They Are Up Against.

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What the Full Report on Karousels Inc. covers

  1. The Short Answer

  2. Which Company This Is

  3. What They Do, And How The Money Works

  4. Who Runs It, And How To Reach Them

  5. The Money: Funding, Valuation, Runway

  6. Who Pays Them, And Who They Are Up Against

  7. Warning Bells

  8. Sources

    1 cited source found

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Karousels Inc.: Raised $250K, Form D filed 2025-06-20
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Permanent URL: https://mentionfox.com/funding/karousels-inc-form-d-25000001
Last updated 2026-11-01
Primary record: SEC filing 1 · SEC filing 2
Karousels Inc. raised $250K — SEC Form D filing, June 2025. MentionFox, 2026-11-01. https://mentionfox.com/funding/karousels-inc-form-d-25000001