Ryca International

Ryca International

About this raise

Ryca International, with a valuation cap of $8 million, is raising funds on StartEngine. The company is revolutionizing oral care with its product Encompass. It is a half-mouth toothbrush designed for the way one brushes and provides optimal cleaning in just 20 seconds. Encompass adheres to the guidelines of regulators and the American Dental Association and eliminates all user errors in brushing. Ryca International was founded by Ryan Schwartz and Cary Schwartz and raised $420,000 in pre-order sales in two months. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used to build Encompass and deliver it to a wider market. Ryca International is led by a world-class team of partners and advisers and has proven market demand.

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Investment Overview

Invested this round: $1,071,997

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
04/24/2020
Close Date
07/22/2020
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$250

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

20%

Company & Team

Company

Year Founded
2007
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2B2C
Margin
High
Capital Intensity
High
Location
Los Angeles, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
4
Founder Name
Ryan Schwartz
Title
CEO
Founder Name
Cary Schwartz
Title
Chair of Dental Advisory Board

Financials

 Revenue
$0
 Monthly Burn
$20,875
 Runway
12 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-250,494

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$250,325

$0

Accounts Receivable

$0

$0

Total Assets

$250,325

$0

Short-Term Debt

$378,219

$0

Long-Term Debt

$326,399

$228,899

Total Liabilities

$704,618

$228,899

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/05/2025 StartEngine $27,524,056 $560,257 Equity - Common Funded RegCF
07/22/2020 StartEngine $8,000,000 $1,071,997 Convertible Note 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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Ryca International on StartEngine
Platform: StartEngine
Security Type: Convertible Note
Valuation: $8,000,000

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

Ryca International Deal Report

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