Trucker District Financing
Trucker District Llc, Limited Liability Company just submitted form D for $300,000 equity financing. This is a new filing. Trucker District was able to sell $77,500 so far. That is 25.83% of the fundraising offer. The total private financing amount was $300,000. The offering form was filed on 2016-10-05. The reason for the financing was: 2% of all investments to Samuel Chase JR (Tanglewood Capital LLC)until January 2017. The fundraising still has about $222,500 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Trucker District is based in Texas. The filler’s business is Other Technology. The SEC form was signed by Katrina Alvarado Co-founder & COO. The company was incorporated in 2014. The filler’s address is: 2699 Marilee Lane, Houston, Tx, Texas, 77057. Katrina Jade Alvarado is the related person in the form and it has address: 2699 Marilee Lane, Houston, Tx, Texas, 77057. Link to Trucker District Filing: 000168636316000001.
Analysis of Trucker District Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. Trucker District sold 25.83% of the offering. The financing is still open. The average fundraising size for companies in the Other Technology industry is $1.54 million. The offering was 94.97% smaller than the average of $1.54 million. Of course this should not be seen as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this fundraising is set at $5000. 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 Trucker District Also
The Form D signed by Katrina Alvarado might help Trucker District 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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