Swift Rails

Early Stage

5x faster and 40x cheaper than regular transit

Analytics

Raised to Date: Raised: $262,791

Aggregate Commitments $

Platform

Wefunder

Start Date

03/17/2022

Close Date

04/30/2023

Min. Goal

$50,004

Max. Goal

$534,996

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$9.00

Pre-Money Valuation

$15,529,680

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

526%

% of Max. Goal

49%

Likelihood of Max
extremely
Avg. Daily Raise

$2,628

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Lancaster, New York

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Swift Rails, with a valuation of $15.5 million, is raising funds on Wefunder. The company is offering a new way of transportation with its on-demand personal vehicles working with zero emissions. The autonomous vehicles are powered by electric motors and use renewable energy. Swift Rails has partnered with a well-established national transportation practice and the support of a top engineering university. It has a growing sales pipeline already with $200 million in good-to-excellent opportunities. Kevin Neumaier founded Swift Rails in 2019. The current crowdfunding campaign has a minimum target of $50,004 and a maximum target of $534,996. The campaign proceeds will be used for business development, design and engineering, materials, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-205,022

$-225,415

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$17,129

$231,954

Accounts Receivable

$23,452

$1,102

Total Assets

$142,909

$307,315

Short-Term Debt

$2,061

$9,536

Long-Term Debt

$0

$67,600

Total Liabilities

$2,061

$77,136

Financials as of: 03/17/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Swift Rails 04/30/2023 Wefunder $15,529,680 $262,791 Equity - Preferred Active RegCF
Swift Rails 02/15/2021 Wefunder $9,930,000 $361,963 Equity - Preferred Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Swift Rails on Wefunder 2022
$
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $15,529,680
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow Swift Rails on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on Swift Rails on Wefunder 2022

Thank you for your vote on Swift Rails on Wefunder 2022

Bullish / Bearish
You're Bearish on Swift Rails on Wefunder 2022

Thank you for your vote on Swift Rails on Wefunder 2022