{"object":"iris.brief.claims","id":"sample-ai-rounds-2026-11","edition":"sample","url":"https://iris-media.xyz/briefs/sample","title":"Three tech companies reported $502M sold in one week of SEC filings.","dek":"Legora, Serval and General Compute filed Form D notices between Oct 29 and Nov 4, 2026. What the filings show, what they leave out, and what to watch.","topic":"Venture rounds · Technology","published_at":"2026-11-12","revised_at":"2026-11-12","method":"Read from SEC EDGAR Form D notices. Amounts are what each company reported; the SEC records filings but does not audit them.","claims":[{"id":"legora-filed","kind":"published_fact","kind_label":"Published fact","text":"Legora, Inc. filed a Form D notice of an equity offering with the SEC, accepted on Nov 4, 2026.","attribution":"SEC EDGAR record","figures":[],"not_disclosed":[],"based_on":[],"reviewed_at":"2026-11-12","version":1,"state":"checked","source_ids":["sec-legora-index","sec-legora-list"],"url":"https://iris-media.xyz/briefs/sample#legora-filed"},{"id":"legora-amounts","kind":"company_statement","kind_label":"Company statement","text":"Legora reports $220.8M sold of a $550M offering to 44 investors, with $329.2M not yet sold.","attribution":"Legora, Inc., in its Form D","figures":[{"value":220820026,"unit":"USD","period":"sold from first sale (Oct 20, 2026) to filing (Nov 4, 2026)"},{"value":550000000,"unit":"USD","period":"total offering, as of Nov 4, 2026"},{"value":44,"unit":"investors","period":"already invested, as of Nov 4, 2026"},{"value":329179974,"unit":"USD","period":"remaining, as of Nov 4, 2026"}],"not_disclosed":["valuation (Form D does not ask for it)","revenue range (the company declined to disclose)","names of investors"],"based_on":[],"reviewed_at":"2026-11-12","version":1,"state":"checked","source_ids":["sec-legora-doc"],"url":"https://iris-media.xyz/briefs/sample#legora-amounts"},{"id":"serval-amounts","kind":"company_statement","kind_label":"Company statement","text":"Serval Inc. (San Francisco) reports $149.2M sold of a $150M offering to 15 investors, in a notice accepted on Nov 3, 2026.","attribution":"Serval Inc., in its Form D","figures":[{"value":149212926,"unit":"USD","period":"sold from first sale (Oct 20, 2026) to filing (Nov 3, 2026)"},{"value":150000000,"unit":"USD","period":"total offering, as of Nov 3, 2026"},{"value":15,"unit":"investors","period":"already invested, as of Nov 3, 2026"}],"not_disclosed":["valuation (Form D does not ask for it)","revenue range (the company declined to disclose)"],"based_on":[],"reviewed_at":"2026-11-12","version":1,"state":"checked","source_ids":["sec-serval-doc"],"url":"https://iris-media.xyz/briefs/sample#serval-amounts"},{"id":"general-compute-amounts","kind":"company_statement","kind_label":"Company statement","text":"General Compute Inc. (San Francisco) reports its $132.2M offering fully sold to 89 investors, in a notice accepted on Oct 29, 2026.","attribution":"General Compute Inc., in its Form D","figures":[{"value":132224819,"unit":"USD","period":"sold from first sale (Oct 14, 2026) to filing (Oct 29, 2026); equals the total offering"},{"value":89,"unit":"investors","period":"already invested, as of Oct 29, 2026"}],"not_disclosed":["valuation (Form D does not ask for it)","revenue range (the company declined to disclose)"],"based_on":[],"reviewed_at":"2026-11-12","version":1,"state":"checked","source_ids":["sec-general-compute-doc"],"url":"https://iris-media.xyz/briefs/sample#general-compute-amounts"},{"id":"what-is-missing","kind":"published_fact","kind_label":"Published fact","text":"None of the three notices states a valuation, and all three companies declined to disclose a revenue range.","attribution":"SEC EDGAR record (the three Form D documents)","figures":[],"not_disclosed":[],"based_on":[],"reviewed_at":"2026-11-12","version":1,"state":"checked","source_ids":["sec-legora-doc","sec-serval-doc","sec-general-compute-doc"],"url":"https://iris-media.xyz/briefs/sample#what-is-missing"},{"id":"our-read","kind":"iris_analysis","kind_label":"IRIS analysis","text":"Our read: Legora's round may still be open, since its notice leaves $329.2M unsold; Serval and General Compute report theirs as nearly or fully sold. An amended Form D (D/A) from Legora would show how much more it closed.","attribution":"IRIS analysis","figures":[],"not_disclosed":[],"based_on":["legora-amounts","serval-amounts","general-compute-amounts"],"reviewed_at":"2026-11-12","version":1,"state":"analysis","source_ids":[],"url":"https://iris-media.xyz/briefs/sample#our-read"}],"sources":[{"id":"sec-legora-index","label":"Form D filing index 0002071663-26-000002","publisher":"SEC EDGAR","url":"https://www.sec.gov/Archives/edgar/data/2071663/000207166326000002/0002071663-26-000002-index.html","published_at":"2026-11-04T10:34:16-05:00","checked_at":"2026-11-12","supports":["legora-filed"],"where":"Header: form type D, accepted 2026-11-04 10:34:16."},{"id":"sec-legora-list","label":"Legora, Inc. company filings list (Form D)","publisher":"SEC EDGAR","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2071663&type=D&dateb=&owner=include&count=40","published_at":"2026-11-04","checked_at":"2026-11-12","supports":["legora-filed"],"where":"Row for accession 0002071663-26-000002, filing date 2026-11-04. Lists the filing, not the amounts."},{"id":"sec-legora-doc","label":"Form D primary document (Legora, Inc.)","publisher":"SEC EDGAR","url":"https://www.sec.gov/Archives/edgar/data/2071663/000207166326000002/xslFormDX01/primary_doc.xml","published_at":"2026-11-04T10:34:16-05:00","checked_at":"2026-11-12","supports":["legora-amounts","what-is-missing"],"where":"Item 13 (offering and sales amounts), Item 14 (investors), Item 5 (revenue range)."},{"id":"sec-serval-doc","label":"Form D primary document (Serval Inc.)","publisher":"SEC EDGAR","url":"https://www.sec.gov/Archives/edgar/data/2103406/000210340626000004/xslFormDX01/primary_doc.xml","published_at":"2026-11-03T15:23:43-05:00","checked_at":"2026-11-12","supports":["serval-amounts","what-is-missing"],"where":"Item 13 (offering and sales amounts), Item 14 (investors), Item 5 (revenue range)."},{"id":"sec-general-compute-doc","label":"Form D primary document (General Compute Inc.)","publisher":"SEC EDGAR","url":"https://www.sec.gov/Archives/edgar/data/2162999/000216299926000001/xslFormDX01/primary_doc.xml","published_at":"2026-10-29T19:49:11-04:00","checked_at":"2026-11-12","supports":["general-compute-amounts","what-is-missing"],"where":"Item 13 (offering and sales amounts), Item 14 (investors), Item 5 (revenue range)."}],"corrections":[],"rule":"A fact or company statement is 'checked' only through a listed source that backs that exact claim. IRIS analysis is never 'checked'."}