Csi Ventures Financing
Csi Ventures, Ltd., Limited Liability Company just had published form D regarding $5.00 million debt financing. This is a new filing. Csi Ventures, Ltd. is expected to sell $5.00 million in this financing offer. The total fundraising amount was $5.00 million. The form was filed on 2016-10-28. The reason for the financing was: unspecified. The fundraising still has about $5.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Csi Ventures is based in Alabama. The firm’s business is Other Banking and Financial Services. The SEC form was submitted by Cynthia Smith Managing Member. The company was incorporated in 2012. The filler’s address is: 12000 E 47Th Avenue, Suite 404, Denver, Co, Colorado, 80239. Smith Cynthia is the related person in the form and it has address: 12000 E 47Th Avenue, Suite 404, Denver, Co, Colorado, 80239. Link to Csi Ventures Filing: 000168874016000001.
Analysis of Csi Ventures Offering
On average, companies in the Other Banking and Financial Services sector, sell 60.00% of the total offering size. Csi Ventures sold 0.00% of the offering. The financing is still open. The average offering amount for companies in the Other Banking and Financial Services industry is $1.58 million. The offering was 100.00% smaller than the average of $1.58 million. Of course this should not be interpreted as negative. Startups raise funds for different needs and reasons. The minimum investment for this financing is set at $20000. 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 Csi Ventures Also
The Form D signed by Cynthia Smith might help Csi Ventures, Ltd.’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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