Revelry Vintners Financing
Revelry Vintners, Llc, Limited Liability Company just filed form D announcing $1.00 million equity financing. This is a new filing. Revelry Vintners was able to sell $300,080 so far. That is 29.99% of the financing round. The total private offering amount was $1.00 million. The fundraising form was filed on 2016-11-14. The reason for the financing was: unspecified. The fundraising still has about $700,420 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Revelry Vintners is based in Alabama. The firm’s business is not disclosed. The SEC form was submitted by Jared Burns Manager. The company was incorporated more than five years ago. The filler’s address is: 720 C Street, Walla Walla, Wa, Washington, 99362. Jared Burns is the related person in the form and it has address: 720 C Street, Walla Walla, Wa, Washington, 99362. Link to Revelry Vintners Filing: 000169000416000001.
Analysis of Revelry Vintners Offering
On average, startups in the not disclosed sector, sell 67.77% of the total offering size. Revelry Vintners sold 29.99% of the offering. The fundraising is still open. The average investment floor size for companies in all industries in our database is $3.05 million. The offering was 90.16% smaller than the average of $3.05 million. Of course this should not be seen as negative. Businesses get financed for a variety of needs and reasons. The minimum investment for this offering was set at $100000. 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 Revelry Vintners Also
The Form D signed by Jared Burns might help Revelry Vintners, 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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