Cascara Capital Financing
Cascara Capital Llc, Limited Liability Company just had published form D because of $10.00 million equity financing. The date of first sale was 2016-01-20. Cascara Capital was able to finance itself with $3.61 million so far. That is 36.06% of the round of financing. The total fundraising amount was $10.00 million. The form was filed on 2016-11-28. The reason for the financing was: No Salary. Distribution Pursuant to Operating Agreement of LLC. The fundraising still has about $6.39 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.
Cascara Capital is based in Washington. The company’s business is Other Real Estate. The SEC form was filed by Brett Moreland Managing Member. The company was incorporated in 2015. The filler’s address is: 150 Lake Street S #224, Kirkland, Wa, Washington, 98033. Brett Moreland is the related person in the form and it has address: 209 9Th Avenue, Kirkland, Wa, Washington, 98033. Link to Cascara Capital Filing: 000166671116000003.
Analysis of Cascara Capital Offering
On average, startups in the Other Real Estate sector, sell 100.00% of the total offering amount. Cascara Capital sold 36.06% of the offering. The financing is still open. The average investment offering size for companies in the Other Real Estate industry is $931,000. The total amount raised is 287.27% bigger than the average for companies in the Other Real Estate sector. The minimum investment for this financing is 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 Cascara Capital Also
The Form D signed by Brett Moreland might help Cascara Capital 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.