Michael Gorman is listed as a director on 16 SEC Form D filings by 7 issuers between Dec 2008 and Apr 2023. Largest by amount reported sold: Gravie, Inc. (Minneapolis, MN — health insurance — 2016–2023; $150M reported sold to 25 investors), Code 42 Software, Inc. (Minneapolis, MN — computers — 2015; $85.6M reported sold to 7 investors), 8thBridge, Inc. (Minneapolis, MN — other technology — 2009–2011; $10M reported sold to 7 investors), xTech Holdings Inc (St. Cloud, MN — other technology — 2009; $10M reported sold to 6 investors), GEARWORKS INC (Eagan, MN — other technology — 2008–2009; $4.9M reported sold to 8 investors) and 2 more (all listed below).
What this means A repeat sponsor — 7 separate companies raised money with this person listed as director, over about 15 years. Across those companies the filings report $263M sold in total.
Listed alongside Abir Sen (6 shared filings), Amish Jani (6 shared filings), Marek Ciolko (6 shared filings), Mohit Kaushal (6 shared filings), Robert Stevens (5 shared filings) and 39 others.
What this means These are the other officers, directors or promoters the companies named on the same forms — the team around Michael. Each name links to their own page.
1 of the issuers belongs to the sponsor group Invenshure (6 issuers, $13.2M reported sold, 2012–2020).
What this means A sponsor group is one team that sets up a new company for each deal. Invenshure has 6 companies on file and $13.2M reported sold in total — the group page shows the whole track record in one place.
Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AZ, CA, DE, TX, WA) — none found.
What this means Nothing turned up where we looked (3 sources). That does not prove there is nothing — it means none was found in those sources on that date.
We compared 16 public filings for Michael Gorman and found 15 differences, 2 worth asking the sponsor about: Investor count went down between filings; 5 Form Ds were filed more than 15 days after the first sale; and more below.
What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.