Data / Crowdfunding / Florida / Monorail, Inc. /DE/
Monorail, Inc. /DE/: crowdfunding raise on OpenDeal Portal LLC, $50,004 to $1,234,998 (2025)
Monorail, Inc. /DE/, a corporation in Sarasota, FL, filed a Form C with the SEC on February 6, 2025 to raise $50,004 to $1,234,998 in common stock through OpenDeal Portal LLC. The offering closed on April 30, 2025. In its most recent fiscal year it reported $6,853 in revenue and a net loss of $3,204,631, with 5 employees.
SpecStream is the live web data engine for teams and agents. It reads every Form C on SEC EDGAR each morning, and this page is that reading. Ask for your own cut (a portal, a state, a size, a revenue range) and new raises arrive in your sheet, CRM, Slack or agent as they land.
- Website
- www.monorail.com
- Funding portal
- OpenDeal Portal LLC
- Address
- 3322 BEE RIDGE ROAD, Sarasota, FL 34239
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- May 25, 2023
- SEC CIK
- 0002025066
Offering terms
From the amendment filed February 6, 2025.
- Security
- Common Stock
- Price
- $6.00
- Target
- $50,004
- Maximum
- $1,234,998
- Deadline
- April 30, 2025
- Portal compensation
- Issuer will pay the Intermediary the greater of either (A) a fee comprising (1) 0% on the first $100,000 raised and (2) 6% on any amount raised above $100,000, or (B) a flat cash fee of $15,000. Additionally, issuer will pay a non-refundable fee of $7500.
Financials
From the Form C-AR filed August 18, 2025.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $6,853 | $0 | sec.gov |
| Cost of goods sold | $0 | $0 | sec.gov |
| Net income | $-3,204,631 | $-789,516 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $298,085 | $100,214 | sec.gov |
| Cash | $30,827 | $214 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $240,574 | $434,730 | sec.gov |
| Long-term debt | $100,000 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| August 18, 2025 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| August 18, 2025 | Annual report | Not listed | Not listed | sec.gov | ||
| February 6, 2025 | Amendment | $50,004 | $1,234,998 | April 30, 2025 | This amendment is filed to (i) extend the Offering Deadline to April 30, 2025; and (ii) update the Capitalization and Ownership, Financial Information and Previous Offerings sections. | sec.gov |
| November 8, 2024 | Amendment | $50,004 | $1,234,998 | February 9, 2025 | This amendment is filed to update the Maximum Offering Amount and the Maximum Individual Purchase Amount. | sec.gov |
| November 8, 2024 | Offering | $50,004 | $499,998 | February 9, 2025 | sec.gov | |
| June 14, 2024 | Progress update | $14,716 | $1,234,996 | September 4, 2024 | The amount raised at the time of closing is $0.00. | sec.gov |
| June 6, 2024 | Amendment | $14,716 | $1,234,996 | September 4, 2024 | Updating the presentation of Principal Securities Section | sec.gov |
| June 6, 2024 | Offering | $14,716 | $1,234,996 | September 4, 2024 | sec.gov |
Updated August 18, 2025. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.