In this episode of KingsCrowd’s Investment Roundtable, Brian Belley, Léa Bouhelier-Gautreau, and Teddy Lyons explore the top revenue-growing startups in equity crowdfunding from 2022 to 2023 (with active raises today). They analyze which sectors are leading the charge, including surprising players in the food and beverage industries. The team also takes a deep dive into Lexi, a company pivoting from IoT solutions to smart building management. Learn about the market potential, risks, and opportunities this pivot presents, along with insights on revenue growth and valuation.
Key Takeaways…
- Top Startups by Revenue Growth: Discover the top five startups that achieved significant revenue growth from 2022 to 2023, with a focus on consumer products and CPG brands.
- Analyzing Growth in Crowdfunding: The episode covers how to assess startup growth beyond revenue percentages, and what key factors to look at when considering crowdfunding investments.
- Lexi’s Market Pivot: Lexi, originally an IoT platform, has pivoted to decarbonizing buildings. The team examines its potential in the growing smart building management market and discusses the financial and regulatory challenges it faces.
- Investment Risks: While Lexi has exciting potential, the pivot presents new risks. -Key concerns include a steep decline in revenue and potential overvaluation at a $30 million cap.
