One World Identity Financing
One World Identity, Llc, Limited Liability Company just submitted form D about $500,000 equity financing. This is a new filing. One World Identity was able to finance itself with $340,000 so far. That is 68.00% of the offering. The total private financing amount was $500,000. This form was filed on 2016-10-05. The reason for the financing was: unspecified. The fundraising still has about $160,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
One World Identity is based in Pennsylvania. The firm’s business is Business Services. The form D was submitted by Travis Jarae Chief Executive Officer. The company was incorporated in 2016. The filler’s address is: 88 King Street #716, San Francisco, Ca, California, 94107. Travis Jarae is the related person in the form and it has address: C/O One World Identity, Llc, 88 King Street #716, San Francisco, Ca, California, 94107. Link to One World Identity Filing: 000168661716000001.
Analysis of One World Identity Offering
On average, firms in the Business Services sector, sell 69.04% of the total offering size. One World Identity sold 68.00% of the offering. The fundraising is still open. The average investment floor size for companies in the Business Services industry is $583,000. The offering was 41.68% smaller than the average of $583,000. Of course this should not be seen as negative. Startups get financed for a variety of reasons and needs. The minimum investment for this financing is set at $0. If you know more about the reasons for the fundraising, 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 One World Identity Also
The Form D signed by Travis Jarae might help One World Identity, Llc’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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