Laurusco, Llc, Limited Liability Company just had published form D for $500,000 debt financing. The date of first sale was 2015-11-15. Laurusco was able to fundraise $60,000 so far. That is 12.00% of the financing round. The total offering amount was $500,000. The financing document was filed on 2016-11-23. The reason for the financing was: unspecified. The fundraising still has about $440,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Laurusco is based in Colorado. The filler’s business is Pooled Investment Fund. The form was submitted by Logan Alley CEO. The company was incorporated in 2014. The filler’s address is: 119 S. Illinois St., Walsh, Co, Colorado, 81090. Laurusco Management, Llc is the related person in the form and it has address: 119 S. Illinois St., Walsh, Co, Colorado, 81090. Link to Laurusco Filing: 000165957916000002.
Analysis of Laurusco Offering
On average, companies in the Pooled Investment Fund sector, sell 37.80% of the total offering size. Laurusco sold 12.00% of the offering. The financing is still open. The average investment floor size for companies in the Pooled Investment Fund industry is $24.76 million. The offering was 99.76% smaller than the average of $24.76 million. Of course this should not be taken as negative. Businesses raise funds for a variety of needs and reasons. The minimum investment for this offering was set at $2000. 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 Laurusco Also
The Form D signed by Logan Alley might help Laurusco, 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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