Form D On Watch: Sightlife I $11.50 million Fundraising. William J Link Published Oct 6 form D

Pooled Investment Fund Sightlife I, Llc - William J Link

Sightlife I Financing

Sightlife I, Llc, Limited Liability Company just submitted form D for $11.50 million equity financing. This is a new filing. Sightlife I was able to finance itself with $11.50 million. That is 100.00% of the round of financing. The total private offering amount was $11.50 million. The offering form was filed on 2016-10-06. The reason for the financing was: unspecified.

Sightlife I is based in Alabama. The company’s business is Pooled Investment Fund. The form D was filed by William J Link Manager of Manager of Issuer. The company was incorporated in 2016. The filler’s address is: 33465 Flying L Lane, Steamboat Springs, Co, Colorado, 80487. None Flying L Partners I, Llc is the related person in the form and it has address: 33465 Flying L Lane, Steamboat Springs, Co, Colorado, 80487. Link to Sightlife I Filing: 000168656716000001.

Analysis of Sightlife I Offering

On average, firms in the Pooled Investment Fund sector, sell 37.80% of the total offering amount. Sightlife I sold 100.00% of the offering. Could this mean that the trust in Sightlife I is high? The average offering amount for companies in the Pooled Investment Fund industry is $24.76 million. The offering was 53.54% smaller than the average of $24.76 million. Of course this should not be seen as negative. Startups get financed for a variety of needs and reasons. The minimum investment for this financing was set at $500000. 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 Sightlife I Also

The Form D signed by William J Link might help Sightlife I, 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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