Calistoga Ventures Financing
Calistoga Ventures, Inc., Corporation just submitted form D for $250,000 equity financing. This is a new filing. Calistoga Ventures was able to sell $250,000. That is 100.00% of the round of financing. The total financing amount was $250,000. The form was filed on 2016-10-12. The reason for the financing was: unspecified.
Calistoga Ventures is based in Alabama. The firm’s business is Other Technology. The form was filed by Robert R Tufts Attorney-in-fact. The company was incorporated in 2013. The filler’s address is: 3150 Almaden Expressway, Ste. 233, San Jose, Ca, California, 94574. Robert C Fitzwilson is the related person in the form and it has address: 3150 Almaden Expressway, Ste. 233, San Jose, Ca, California, 94574. Link to Calistoga Ventures Filing: 000168702716000001.
Analysis of Calistoga Ventures Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Calistoga Ventures sold 100.00% of the offering. Could this mean that the trust in Calistoga Ventures is high? The average investment size for companies in the Other Technology industry is $1.54 million. The offering was 83.77% smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this offering was set at $2000. 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 Calistoga Ventures Also
The Form D signed by Robert R Tufts might help Calistoga Ventures, Inc.’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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