Rally

Rally

Growth Stage

Future of Regional Transportation

Future of Regional Transportation

Overview

Raised this Round: Raised: $29,166

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

08/08/2024

Close Date

04/30/2025

Min. Goal
$9,999
Max. Goal
$1,234,998
Min. Investment

$498

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$122,200,449

Year Founded

2020

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

New York, New York

Business Type

Growth

Rally is raising funds on Dealmaker Securities. The company has developed a rideshare platform that creates demand-based trips with dynamic routes and dispatches buses on demand. Rally’s OurBus platform does not own the buses directly but has a network of bus companies that provide a buspool rideshare for events and a regularly scheduled service for highly traveled corridors between cities. The company has completed 3 million trips and has generated $120 million in total revenue, with a 580% revenue growth since 2020. Narinder Singh, Numaan Akram, and Axel Hellman founded Rally in September 2020. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, product research and development, consultant service, employment and talent acquisition, and general working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$34,118,077

$27,931,167

COGS

$27,727,066

$27,333,691

Tax

$0

$0

 

 

Net Income

$-2,475,422

$-8,012,263

Summary Balance Sheet

FY 2023 FY 2022

Cash

$128,211

$978,362

Accounts Receivable

$1,828,160

$648,264

Total Assets

$17,133,173

$16,964,768

Short-Term Debt

$4,350,226

$2,855,528

Long-Term Debt

$968,703

$2,157,757

Total Liabilities

$5,318,929

$5,013,285

Financials as of: 08/08/2024
Create a free account today to gain access to Kingscrowd analytics.

Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Rally 04/30/2025 Dealmaker Securities $122,200,449 $29,166 Equity - Preferred Active RegCF

No prior online funding rounds.

Create a free account today to gain access to Kingscrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Rally on Dealmaker Securities 2024
Platform: Dealmaker Securities
Security Type: Equity - Preferred
Valuation: $122,200,449
Price per Share: $3.00

Follow company

Follow Rally on Dealmaker Securities 2024

Buy Rally's Deal Report

Rally Deal Report

Get Kingscrowd's comprehensive report on Rally including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Rally is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Rally deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge