Level Market Financing
Level Market, Corporation just submitted form D regarding $500,000 debt financing. The date of first sale was 2016-06-30. Level Market was able to fundraise $50,000 so far. That is 10.00% of the round of financing. The total fundraising amount was $500,000. The financing form was filed on 2016-10-04. The reason for the financing was: unspecified. The fundraising still has about $450,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Level Market is based in Colorado. The firm’s business is not disclosed. The form D was submitted by Tyler Rauert Attorney. The company was incorporated in 2015. The filler’s address is: 1009 8Th Street, Golden, Co, Colorado, 80401. Stephanie Cox is the related person in the form and it has address: 1009 8Th Street, Golden, Co, Colorado, 80401. Link to Level Market Filing: 000168079316000002.
Analysis of Level Market Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Level Market sold 10.00% of the offering. The fundraising is still open. The average investment offering size for companies in all industries in our database is $3.05 million. The offering was 98.36% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Companies get financed for a variety of needs and reasons. The minimum investment for this financing was set at $25000. If you know more about the reasons for the financing, please comment below.
What is Form D? What It Is Used For
Form D disclosures could be used to track and understand better your competitors. The information in Form D is usually highly confidential for ventures and startups and they don’t like revealing it. This is because it reveals amount raised or planned to be raised as well as reasons for the financing. This could help competitors. Entrepreneurs usually want to keep their financing a ‘secret’ so they can stay in stealth mode for longer.
Why Fundraising Reporting Is Good For Level Market Also
The Form D signed by Tyler Rauert might help Level Market’s sector. First, it helps potential customers feel more safe to deal with a firm that is well financed. The odds are higher that it will stay in the business. Second, this could attract other investors such as venture-capital firms, funds and angels. Third, positive PR effects could even bring leasing firms and venture lenders.
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