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This isn’t Rayton’s most recent raise. Reg CF · Common Stock · Aug 2024 (Closed) is more current.View latest round
Rayton

Reg CF · Convertible Note · Jul 2019

ClosedReached targetReg CFConvertible Note
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$1.1M / $1.1M max
100% of ceiling · target hit day -92
Investors
1,619
$660.9 avg
Valuation cap
$50M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$1.1M$535K$0
1.6K8100
Jul 17, 2019 · openedJul 3, 2020 · last reading
Target ($10K) hit — Apr 16, 2019, day -92$1.0M raised — May 17, 2020Deadline Jul 1, 2020

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via StartEngine, last checked Oct 4, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2017–FY2018 · hover for source
$0
−$5.7M
FY2017
$0
−$2.6M
FY2018
RevenueNet income
Metric
FY2017
FY2018 audited*
Income statement
Revenue
$0
$0
Cost of goods sold
$5,691,669
$0
Net income
-$5,697,767
-$2,577,297
Taxes paid
$800
$0
Balance sheet
Cash
$146,166
$0
Accounts receivable
$0
$0
Total assets
$1,732,226
$1,488,343
Short-term debt
$188,761
$248,123
Long-term debt
$105,305
$576,710
Total liabilities
$294,066
$824,833
Other
Headcount
—
3

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

Amendments to this offering

5 amendments
  1. Mar 30, 2020
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Feb 3, 2020
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  3. Dec 10, 2019
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  4. Oct 10, 2019
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  5. Jul 31, 2019
    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

Valuation cap$50M
Conversion discount30%
Interest rate10%

Converted 2020: $1.2M (Form 1-K, p. 1).

Offering details

Target$10,000
Max$1,070,000
Min investment$500
OpenedJul 17, 2019
DeadlineJul 1, 2020
ClosedJul 3, 2020
Days active352

Links & provenance

Campaign pagePitch videoSEC filingStartEngine listing
Source: Manual
0001665160-19-000786
Last synced Sep 3, 2026

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.