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Vyrill Inc.

Reg CF · Convertible Note · Dec 2020

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$378.3K / $1.1M max
35% of ceiling · target hit day 1
Investors
322
$1.2K avg
Valuation cap
$8M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$353K$177K$0
2971490
Dec 31, 2020 · openedApr 30, 2021 · last reading
Target ($50K) hit — Jan 1, 2021, day 1Deadline Apr 30, 2021 — 0 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
$23K
−$1.3M
FY2018
$58K
−$1.2M
FY2019
RevenueNet income
Metric
FY2018 reviewed*
FY2019 reviewed*
Income statement
Revenue
$22,500
$58,242
Cost of goods sold
$81,953
$111,562
Gross margin
-264%
-92%
Net income
-$1,266,784
-$1,235,059
Taxes paid
$1,302
$4,345
Balance sheet
Cash
$103,775
$17,679
Accounts receivable
$500
$500
Total assets
$115,753
$19,437
Short-term debt
$562,335
$1,003,851
Long-term debt
$1,674,467
$2,378,686
Total liabilities
$2,236,802
$3,382,538
Other
Headcount
—
6

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

Amendments to this offering

2 amendments
  1. Apr 15, 2021
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗
  2. Dec 31, 2020
    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$8M ($7M early bird)
Conversion discount20%
Interest rate3%

Perks

First $200K will invest in a convertible note with a $7M valuation cap and 20% discount.first $200K

Offering details

Target$50,000
Max$1,070,000
Min investment$250
OpenedDec 31, 2020
DeadlineApr 30, 2021
ClosedMay 1, 2021
Days active121

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-20-000916

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.