Bramaramba Gardens Financing
Bramaramba Gardens, Llc, Limited Liability Company just submitted form D announcing $1.20 million equity financing. The date of first sale was 2014-09-30. Bramaramba Gardens was able to sell $800,000 so far. That is 66.67% of the round of financing. The total private offering amount was $1.20 million. The financing document was filed on 2016-07-13. The reason for the financing was: unspecified. The fundraising still has about $400,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Bramaramba Gardens is based in North Carolina. The filler’s business is Commercial. The form D was filed by Krishna Raju Yavanamanda Venkata Manager. The company was incorporated in 2014. The filler’s address is: 10610 Metromont Parkway, Suite 204, Charlotte, Nc, North Carolina, 28269. Krishna Raju Yavanamanda Venkata is the related person in the form and it has address: 10610 Metromont Parkway, Suite 204, Charlotte, Nc, North Carolina, 28269. Link to Bramaramba Gardens Filing: 000161999516000002.
Analysis of Bramaramba Gardens Offering
On average, startups in the Commercial sector, sell 65.22% of the total offering size. Bramaramba Gardens sold 66.67% of the offering. The fundraising is still open. Could this mean that the trust in Bramaramba Gardens is high? The average investment floor size for companies in the Commercial industry is $1.60 million. The offering was 50.00% smaller than the average of $1.60 million. Of course this should not be taken as negative. Firms get financed for different needs and reasons. The minimum investment for this financing was set at $25000. 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 Bramaramba Gardens Also
The Form D signed by Krishna Raju Yavanamanda Venkata might help Bramaramba Gardens, 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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