Rila
Early Stage
The First Social Real Estate Marketplace: New AI Platform Taking Home Finding into the Future
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
10/10/2021
Close Date
10/14/2021
Min. Goal
$300,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
SEC Filing Type
RegCF
Valuation Cap
$15,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
10/13/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Real Estate & Construction
Tech Sector
Proptech
Location
Encino, California
Rila, with a valuation of $15 million, is raising funds on Wefunder. The company has developed an AI-powered real estate marketplace that takes home findings into the future. The platform makes real estate leads available to the agents and enables them to grow their business for free. The app also provides an excellent home-buyer experience where AI helps the right home to find the right people automatically. Rila has developed a unique solution and has been featured in Forbes, Inman, and more. Ben Bacal founded Rila in May 2019. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, acquisition campaign, payroll expenses, tech hires, and subscriptions.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$27,277 |
$89,025 |
| ||
| ||
|
Net Income |
$-908,343 |
$-2,024,281 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,163 |
$426 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$8,685 |
$929 |
|
Short-Term Debt |
$37,475 |
$56,322 |
|
Long-Term Debt |
$1,483,300 |
$735,131 |
|
Total Liabilities |
$1,520,775 |
$791,453 |
Financials as of: 10/10/2021
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.