Saas Ventures $40.00 million Financing. Brian Gaister Released Jul 27 Filing

July 28, 2017 - By Linda Rogers

Saas Ventures Financing

Saas Ventures, L.P., Limited Partnership just submitted form D because of $40.00 million equity financing. This is a new filing. Saas Ventures was able to fundraise $7.25 million so far. That is 18.11 % of the offering. The total fundraising amount was $40.00 million. The financing form was filed on 2017-07-27. The reason for the financing was: unspecified. The fundraising still has about $32.76 million more and is not closed yet. We have to wait more to see if the offering will be fully taken.

Saas Ventures is based in Alabama. The company’s business is Pooled Investment Fund. The form was submitted by Brian Gaister General Partner. The company was incorporated in 2016. The filler’s address is: 3 Bethesda Metro Center, Suite 700, Bethesda, Md, Maryland, 20814. Brian Gaister is the related person in the form and it has address: 3 Bethesda Metro Center, Suite 700, Bethesda, Md, Maryland, 20814. Link to Saas Ventures Filing: 000171258017000001.

Analysis of Saas Ventures Offering

On average, startups in the Pooled Investment Fund sector, sell 37.80 % of the total offering amount. Saas Ventures sold 18.11 % of the offering. The fundraising is still open. The average investment size for companies in the Pooled Investment Fund industry is $24.76 million. The offering was 70.73 % smaller than the average of $24.76 million. Of course this should not be interpreted as negative. Businesses get financed for different reasons and needs. The minimum investment for this financing was set at $20000. 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 Saas Ventures Also

The Form D signed by Brian Gaister might help Saas Ventures, L.P.’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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