Diagenesis, Llc, Limited Liability Company just had published form D about $50.00 million equity financing. This is a new filing. Diagenesis, Llc is expected to finance itself with $50.00 million in this financing offer. The total private offering amount was $50.00 million. The financing document was filed on 2016-11-07. The reason for the financing was: Estimate above is based on reaching our minimum raise of $1,000,000.. The fundraising still has about $50.00 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Diagenesis is based in Minnesota. The filler’s business is Other Real Estate. The form D was filed by Robert Bergmann President. The company was incorporated in 2014. The filler’s address is: 1620 Central Ave Ne, Suite 104, Minneapolis, Mn, Minnesota, 55413. Brian C Lentz is the related person in the form and it has address: 1620 Central Ave Ne, Suite 104, Minneapolis, Mn, Minnesota, 55413. Link to Diagenesis Filing: 000168947816000001.
Analysis of Diagenesis Offering
On average, firms in the Other Real Estate sector, sell 100.00% of the total offering size. Diagenesis sold 0.00% of the offering. The financing is still open. The average financing size for companies in the Other Real Estate industry is $931,000. The offering was 100.00% smaller than the average of $931,000. Of course this should not be seen as negative. Startups raise funds for different needs and reasons. The minimum investment for this fundraising is set at $100000. 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 Diagenesis Also
The Form D signed by Robert Bergmann might help Diagenesis, 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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