Green Well Ventures L.L.C. Financing
Green Well Ventures, L.L.C., Limited Liability Company just released form D about $525,000 equity financing. This is a new filing. Green Well Ventures L.L.C. was able to fundraise $50,000 so far. That is 9.52% of the fundraising. The total offering amount was $525,000. This form was filed on 2016-10-31. The reason for the financing was: The related persons intend to only be compensated via revenue from the company and not funds from the offering.. The fundraising still has about $475,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Green Well Ventures L.L.C. is based in Texas. The firm’s business is not disclosed. The form was submitted by Brandt Eric Schneider General Counsel. The company was incorporated in 2015. The filler’s address is: 2614 Leichester Dr., Spring, Tx, Texas, 77386. Brandt Eric Schneider is the related person in the form and it has address: 2614 Leichester Dr., Spring, Texas, Tx, Texas, 77386. Link to Green Well Ventures L.L.C. Filing: 000168819616000001.
Analysis of Green Well Ventures L.L.C. Offering
On average, firms in the not disclosed sector, sell 67.77% of the total offering size. Green Well Ventures L.L.C. sold 9.52% of the offering. The financing is still open. The average fundraising amount for companies in all industries in our database is $3.05 million. The offering was 98.36% smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Firms get financed for a variety of reasons and needs. The minimum investment for this financing is 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 Green Well Ventures L.L.C. Also
The Form D signed by Brandt Eric Schneider might help Green Well Ventures, L.L.C.’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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