Swift Rails
5x faster and 40x cheaper than regular transit
Overview
Raised: $299,394
Total Commitments ($USD)
Wefunder
03/16/2022
12/19/2022
$100
Equity - Preferred
Pre-Seed
RegCF
$9.00
$15,529,680
Rolling Commitments ($USD)
12/30/2022
$1,081
161
2019
Transportation, Automotive, Aviation, & Aerospace
Hardwaretech
B2B2C
Low
High
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 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Swift Rails | 04/28/2024 | Wefunder | $20,700,000 | $2,739 | Equity - Preferred | Active | RegCF |
| Swift Rails | 12/18/2022 | Wefunder | $15,529,680 | $299,394 | Equity - Preferred | Funded | RegCF |
| Swift Rails | 02/14/2021 | Wefunder | $9,930,000 | $361,963 | Equity - Preferred | Funded | RegCF |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
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.
Employee History
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