Form D Watching: Insider Louisville $1.00 million Financing. J Thomas Cottingham Submitted Nov 1 D form

Insider Louisville, Llc - J Thomas Cottingham

Insider Louisville Financing

Insider Louisville, Llc, Limited Liability Company just filed form D announcing $1.00 million equity financing. This is a new filing. Insider Louisville was able to finance itself with $500,000 so far. That is 50.00% of the round of financing. The total fundraising amount was $1.00 million. The financing form was filed on 2016-11-01. The reason for the financing was: After paying down existing lines of credit. The fundraising still has about $500,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Insider Louisville is based in Kentucky. The filler’s business is not disclosed. The D form was filed by J Thomas Cottingham CEO. The company was incorporated more than five years ago. The filler’s address is: 200 South Fifth Street, Suite 300N, Louisville, Ky, Kentucky, 40202. J. Thomas Cottingham is the related person in the form and it has address: 200 S. Fifth Street, Suite 300, Louisville, Ky, Kentucky, 40202. Link to Insider Louisville Filing: 000094039716000020.

Analysis of Insider Louisville Offering

On average, startups in the not disclosed sector, sell 67.77% of the total offering amount. Insider Louisville sold 50.00% of the offering. The financing is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 83.61% smaller than the average of $3.05 million. Of course this should not be taken as negative. Businesses get financed for a variety of reasons and needs. The minimum investment for this financing was set at $10000. 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 Insider Louisville Also

The Form D signed by J Thomas Cottingham might help Insider Louisville, 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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