Ryca International

Neutral
BETA

Effortless Oral Care

Analytics

Raised to Date: $1,071,997

Aggregate Commitments $
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

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$8,000,000

Discount Rate

20%

Weekly Commitments $
Status
Funded
Reporting Date

08/02/2020

Days Remaining
Funded
% of Min. Goal

10,720%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$12,045

# of Investors

1,965

Momentum
Funded
Location

Los Angeles, CA

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

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.

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

$0

Total Liabilities

$704,618

$228,899

Ratings

last updated 08/23/2020

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

teleCalm on Wefunder

Alzheimer’s and dementia are serious medical issues that affect a larger swath of the population. In the US…

Crowd
Signature Lacrosse on StartEngine

Signature Lacrosse has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals…

Crowd
Pristeem on Wefunder

Pristeem has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS 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
Add Ryca International on StartEngine
Follow company
Follow Ryca International on StartEngine