Rila on Wefunder 2021

Platform

Wefunder

Start Date

10/11/2021

Close Date

04/30/2022

Min. Goal

$300,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$15,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

10/12/2021

Days Remaining

201

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum
cold

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Location

Encino, California

Industry

Real Estate & Construction

Tech Sector

Proptech

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.