Open Doors Partners $250000 Financing. PRAMOD DABIR Published Jan 14 SEC Form

Open Doors Partners Financing

Open Doors Partners, Llc, Limited Liability Company just filed form D for $250,000 equity financing. This is a new filing. Open Doors Partners was able to fundraise $185,000 so far. That is 74.00 % of the offering. The total financing amount was $250,000. The offering form was filed on 2019-01-14. The reason for the financing was: unspecified. The fundraising still has about $65,000 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Open Doors Partners is based in Alabama. The filler’s business is not disclosed. The form D was signed by PRAMOD DABIR CEO. The company was incorporated in 2017. The filler’s address is: 74 Tehama St, San Francisco, Ca, California, 94105. Pramod Dabir is the related person in the form and it has address: 74 Tehama St., San Francisco, Ca, California, 94105. Link to Open Doors Partners Filing: 000172497719000001.

Analysis of Open Doors Partners Offering

On average, startups in the not disclosed sector, sell 67.77 % of the total offering amount. Open Doors Partners sold 74.00 % of the offering. The fundraising is still open. Could this mean that the trust in Open Doors Partners is high? The average offering amount for companies in all industries in our database is $3.05 million. The offering was 93.93 % smaller than the average of $3.05 million. Of course this should not be interpreted as negative. Businesses raise funds for a variety of reasons and needs. The minimum investment for this offering is set at $0. 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 Open Doors Partners Also

The Form D signed by PRAMOD DABIR might help Open Doors Partners, 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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