Metaurus Llc, Limited Liability Company just had published form D for $3.00 million equity financing. The date of first sale was 2016-04-27. Metaurus was able to fundraise $2.80 million. That is 93.37% of the fundraising offer. The total financing amount was $3.00 million. The offering form was filed on 2016-11-10. The reason for the financing was: unspecified. The fundraising still has about $198,781 more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Metaurus is based in New York. The filler’s business is Investing. The form D was signed by Jamie Greenwald Authorized Person/Board Voter. The company was incorporated in 2016. The filler’s address is: 510 Madison Avenue, 11Th Floor, New York, Ny, New York, 10022. Jamie Greenwald is the related person in the form and it has address: C/O Metaurus, Llc, 510 Madison Avenue, 11Th Floor, New York, Ny, New York, 10022. Link to Metaurus Filing: 000167399316000003.
Analysis of Metaurus Offering
On average, companies in the Investing sector, sell 66.70% of the total offering amount. Metaurus sold 93.37% of the offering. The fundraising is still open. Could this mean that the trust in Metaurus is high? The average offering size for companies in the Investing industry is $1.41 million. The total amount raised is 98.81% bigger than the average for companies in the Investing sector. The minimum investment for this offering is set at $150000. 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 Metaurus Also
The Form D signed by Jamie Greenwald might help Metaurus 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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