Confetti Collective $2.25 million Financing. Linden Ellis Submitted Feb 13 form

Confetti Collective Financing

Confetti Collective Inc., Corporation just submitted form D about $2.25 million equity financing. This is a new filing. Confetti Collective was able to fundraise $1.85 million. That is 82.22 % of the offering. The total private offering amount was $2.25 million. This form was filed on 2019-02-13. The reason for the financing was: unspecified. The fundraising still has about $400,023 more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Confetti Collective is based in New York. The firm’s business is Retailing. The form D was filed by Linden Ellis Co-Chief Executive Officer. The company was incorporated in 2018. The filler’s address is: 609 Greenwich Street, Office 05-102, New York, Ny, New York, 10014. Linden Ellis is the related person in the form and it has address: 609 Greenwich Street, Office 05-102, New York, Ny, New York, 10014. Link to Confetti Collective Filing: 000174568019000001.

Analysis of Confetti Collective Offering

On average, companies in the Retailing sector, sell 71.70 % of the total offering size. Confetti Collective sold 82.22 % of the offering. The financing is still open. Could this mean that the trust in Confetti Collective is high? The average investment floor size for companies in the Retailing industry is $45,600. The total amount raised is 3,956.97 % bigger than the average for companies in the Retailing sector. The minimum investment for this fundraising is set at $0. 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 Confetti Collective Also

The Form D signed by Linden Ellis might help Confetti Collective Inc.’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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