House Of Auth Financing
House Of Auth, Llc, Limited Liability Company just had published form D about $100,000 equity financing. This is a new filing. House Of Auth, Llc is expected to finance itself with $100,000 in this fundraising offer. The total fundraising amount was $100,000. The form was filed on 2016-09-29. The reason for the financing was: unspecified. The fundraising still has about $100,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
House Of Auth is based in Connecticut. The company’s business is not disclosed. The SEC form was submitted by Renate Auth CEO. The company was incorporated in 2012. The filler’s address is: 1540 Riverbank Road, Stamford, Ct, Connecticut, 06903. Renate Auth is the related person in the form and it has address: 1540 Riverbank Road, Stamford, Ct, Connecticut, 06903. Link to House Of Auth Filing: 000090901216000579.
Analysis of House Of Auth Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering size. House Of Auth sold 0.00% of the offering. The fundraising is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 100.00% smaller than the average of $3.05 million. Of course this should not be taken as negative. Firms raise funds for different needs and reasons. The minimum investment for this offering is set at $0. 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 House Of Auth Also
The Form D signed by Renate Auth might help House Of Auth, 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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