Vfu Llc, Limited Liability Company just released form D for $1.00 million equity financing. The date of first sale was 2016-05-05. Vfu was able to finance itself with $900,000. That is 90.00% of the fundraising offer. The total fundraising amount was $1.00 million. The fundraising form was filed on 2016-10-19. 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.
Vfu is based in Alabama. The filler’s business is not disclosed. The form was filed by Josh Verne Manager. The company was incorporated in 2015. The filler’s address is: 1435 Wesleys Run, Gladwyne, Pa, Pennsylvania, 19035. Josh Verne is the related person in the form and it has address: 1435 Wesleys Run, Gladwyne, Pa, Pennsylvania, 19035. Link to Vfu Filing: 000167276816000002.
Analysis of Vfu Offering
On average, companies in the not disclosed sector, sell 67.77% of the total offering amount. Vfu sold 90.00% of the offering. The fundraising is still open. Could this mean that the trust in Vfu is high? The average financing size for companies in all industries in our database is $3.05 million. The offering was 70.49% smaller than the average of $3.05 million. Of course this should not be seen as negative. Startups get financed for a variety of 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 Vfu Also
The Form D signed by Josh Verne might help Vfu 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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