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This isn’t Swift Rails, Inc.’s most recent raise. Reg CF · Preferred Stock · Jan 2024 (Closed) is more current.View latest round
Swift Rails, Inc.

Reg CF · Preferred Stock · Aug 2020

ClosedReached targetReg CFPreferred Equity
via WeFunderView campaign
Raised
$362K / $1.1M max
34% of ceiling · target hit day 1
Investors
327
$1.1K avg
Post-money valuation
$10.3M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$359K$179K$0
2911460
Aug 31, 2020 · openedFeb 15, 2021 · last reading
Target ($50K) hit — Sep 1, 2020, day 1Deadline Apr 30, 2022 — 439 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2018–FY2019 · hover for source
$0
−$15K
FY2018
$0
−$19K
FY2019
RevenueNet income
Metric
FY2018
FY2019 reviewed
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$14,611
-$19,354
Taxes paid
$0
$0
Balance sheet
Cash
$46,857
$1,890
Accounts receivable
$0
$0
Total assets
$70,786
$57,441
Short-term debt
$0
$4,679
Long-term debt
$0
$0
Total liabilities
$0
$4,679
Other
Headcount
—
5

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

1 amendment
  1. Apr 20, 2021
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Pre-money$9.9M ($9M early bird)
Post-money$10.3M
Price / share$6.45
Shares offered8,606

Perks

First $500K investors will invest at $5.81 per share and a $8.95M pre-money valuationfirst $500K

Offering details

Target$50,001
Max$1,069,996
Min investment$100
OpenedAug 31, 2020
DeadlineApr 30, 2022
ClosedFeb 15, 2021
Days active168

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000733

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.