Monorail

Monorail


About this raise: Monorail, with a valuation of $29.96 million, is raising funds on StartEngine. It is a technology-driven financial services company that empowers users through a user-centric platform. Monorail offers simplified investing, comprehensive education, diverse options, and equal opportunities to users, and allows users to align their investments with their deeply held values. The platform goes beyond just trading and offers values-based portfolios, retirement accounts, and financial literacy for users to make informed decisions. Phillip Dickson founded Monorail in May 2023. The current crowdfunding campaign has a minimum target of $14,716.80 and a maximum target of $1.23 million. The campaign proceeds will be used for operational expenses.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
06/06/2024
Close Date
06/18/2024
Min. Goal
$14,717
Max. Goal
$1,234,996
Min. Investment

$350

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$5.84

Pre-Money Valuation

$29,959,200

Company & Team

Company

Year Founded
2023
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Location
Sarasota, Florida
Company Website
Visit Website

Team

Employees
4

Funding data not publicly available

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$65,793
 Runway
0 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-789,516

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$214

$0

Accounts Receivable

$0

$0

Total Assets

$100,214

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/09/2025 Republic $32,033,538 $14,548 Equity - Common Active RegCF
06/18/2024 StartEngine $29,959,200 $0 Equity - Common Not Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Monorail on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $29,959,200
Price per Share: $5.84

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Follow Monorail on StartEngine 2024

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Warning: according to the close date for this deal, Monorail may no longer be accepting investments.

Monorail Deal Report

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