Oneenergy, Inc., Corporation just filed form D for $1.29 million debt financing. The date of first sale was 2016-06-09. Oneenergy was able to sell $1.29 million. That is 100.00% of the financing offer. The total offering amount was $1.29 million. The fundraising form was filed on 2016-11-10. The reason for the financing was: unspecified.
Oneenergy is based in Washington. The firm’s business is Other Energy. The SEC form was filed by Kristin Martinez CFO & Secretary. The company was incorporated more than five years ago. The filler’s address is: 2003 Western Avenue, Ste. 225, Seattle, Wa, Washington, 98121. William Eddie is the related person in the form and it has address: 2003 Western Ave., Ste. 225, Seattle, Wa, Washington, 98121. Link to Oneenergy Filing: 000153901416000006.
Analysis of Oneenergy Offering
On average, startups in the Other Energy sector, sell 65.00% of the total offering size. Oneenergy sold 100.00% of the offering. Could this mean that the trust in Oneenergy is high? The average investment offering size for companies in the Other Energy industry is $1.11 million. The total amount raised is 16.33% bigger than the average for companies in the Other Energy sector. 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 Oneenergy Also
The Form D signed by Kristin Martinez might help Oneenergy, Inc.’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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