Mobility Designed Financing
Mobility Designed, Llc, Limited Liability Company just had published form D for $700,000 debt financing. The date of first sale was 2015-08-31. Mobility Designed was able to fundraise $325,000 so far. That is 46.43% of the financing offer. The total private financing amount was $700,000. The financing document was filed on 2016-10-18. The reason for the financing was: unspecified. The fundraising still has about $375,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Mobility Designed is based in Missouri. The filler’s business is Other Technology. The D form was filed by Liliana Younger Manager. The company was incorporated in 2014. The filler’s address is: 4747 Troost, Suite 219, Kansas City, Mo, Missouri, 64110. Liliana Younger is the related person in the form and it has address: 4747 Troost, Suite 219, Kansas City, Mo, Missouri, 64110. Link to Mobility Designed Filing: 000165062116000002.
Analysis of Mobility Designed Offering
On average, firms in the Other Technology sector, sell 85.80% of the total offering size. Mobility Designed sold 46.43% of the offering. The financing is still open. The average offering size for companies in the Other Technology industry is $1.54 million. The offering was 78.90% smaller than the average of $1.54 million. Of course this should not be seen as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing was set at $0. 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 Mobility Designed Also
The Form D signed by Liliana Younger might help Mobility Designed, 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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