All Campus Financing
All Campus Llc, Limited Liability Company just released form D for $575,000 equity financing. This is a new filing. All Campus was able to sell $465,000. That is 80.87% of the offering. The total private offering amount was $575,000. The private financing document was filed on 2016-11-22. The reason for the financing was: unspecified. The fundraising still has about $110,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
All Campus is based in Illinois. The company’s business is Other Technology. The SEC form was submitted by Joseph Diamond Chief Executive Officer. The company was incorporated in 2012. The filler’s address is: 20 N. Clark St., Suite 3300, Chicago, Il, Illinois, 60602. Joseph Diamond is the related person in the form and it has address: 20 N. Clark St., Suite 3300, Chicago, Il, Illinois, 60602. Link to All Campus Filing: 000155565216000003.
Analysis of All Campus Offering
On average, startups in the Other Technology sector, sell 85.80% of the total offering size. All Campus sold 80.87% of the offering. The fundraising is still open. The average offering size for companies in the Other Technology industry is $1.54 million. The offering was 69.81% smaller than the average of $1.54 million. Of course this should not be interpreted as negative. Firms raise funds for a variety of needs and reasons. The minimum investment for this offering was set at $1. 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 All Campus Also
The Form D signed by Joseph Diamond might help All Campus 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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