Michael Raphael is listed as an executive officer and director on 8 SEC Form D filings by 3 issuers between Dec 2009 and Oct 2023: Philadelphia Urgent Care Management, Inc. (Bala Cynwyd, PA — business services — 2018–2023; $12.2M reported sold to 8 investors), Calico Veterinary Lending, LLC (Conshohocken, PA — other banking and financial services — 2014; $1.35M reported sold to 13 investors) and Community Veterinary Partners, LLC (Philadelphia, PA — commercial — 2009–2014; $1.13M reported sold to 11 investors).
What this means A repeat sponsor — 3 separate companies raised money with this person listed as executive officer and director, over about 14 years. Across those companies the filings report $14.7M sold in total.
Listed alongside Daniel Eisenstadt (4 shared filings), Kapila Ratnam (4 shared filings), Marc Nathan (4 shared filings), Peter Hotz (4 shared filings), Jay Feldstein (3 shared filings) and 9 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.
2 of the issuers belong to the sponsor group Terravet (6 issuers, $174M reported sold, 2009–2023).
What this means A sponsor group is one team that sets up a new company for each deal. Terravet has 6 companies on file and $174M 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) — 1 court case matching the name, 8 bankruptcy cases matching the name listed in Key records below.
What this means 9 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.
We compared 8 public filings for Michael Raphael and found 8 differences, 1 worth asking the sponsor about: Form D filed 109 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.