Form D Filing: Sequoia Equities Xvii $84.90 million Fundraising. Mark S Carter Published Nov 10 SEC form

Real Estate Sequoia Equities Xvii Llc - Mark S Carter

Sequoia Equities Xvii Financing

Sequoia Equities Xvii Llc, Limited Liability Company just filed form D announcing $84.90 million equity and debt financing. This is a new filing. Sequoia Equities Xvii was able to fundraise $5.00 million so far. That is 5.89% of the financing round. The total fundraising amount was $84.90 million. The form was filed on 2016-11-10. The reason for the financing was: Excluding amounts shown in 15. The fundraising still has about $79.90 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Sequoia Equities Xvii is based in California. The filler’s business is Other Real Estate. The form D was filed by Mark S Carter Member. The company was incorporated more than five years ago. The filler’s address is: 1777 Botelho Drive, #300, Walnut Creek, Ca, California, 94596. Mark S Carter is the related person in the form and it has address: 1777 Botelho Drive, Suite 300, Walnut Creek, Ca, California, 94596. Link to Sequoia Equities Xvii Filing: 000092740916000002.

Analysis of Sequoia Equities Xvii Offering

On average, firms in the Other Real Estate sector, sell 100.00% of the total offering amount. Sequoia Equities Xvii sold 5.89% of the offering. The financing is still open. The average offering size for companies in the Other Real Estate industry is $931,000. The total amount raised is 437.06% bigger than the average for companies in the Other Real Estate sector. 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 Sequoia Equities Xvii Also

The Form D signed by Mark S Carter might help Sequoia Equities Xvii 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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