KingsCrowd
KingsCrowd is building the first independent and unbiased data driven online private market ratings and analytics platform powered by artificial intelligence.
Overview
Raised: $998,467
Total Commitments ($USD)
Platform
Netcapital
Start Date
05/27/2019
Close Date
03/13/2020
Min. Goal
$10,000
Max. Goal
$1,000,001
Min. Investment
$99
Security Type
Equity - Common
Series
Seed
Funding Type
RegCF / RegD 506(c)
Price Per Share
$1.80
Valuation Cap
$4,635,000
Discount Rate
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/31/2020
Days Remaining
Funded
% of Min. Goal
9,985%
% of Max. Goal
100%
Likelihood of Max
Funded
Avg. Daily Raise
$3,431
Momentum
Funded
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Location
Boston, Massachusetts
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
KingsCrowd, with a post-money valuation of $4.6 million, is raising funds on NetCapital. The company is creating the first data-driven online ratings and analytics platform for private companies, with particular emphasis on growth-stage companies. KingsCrowd uses artificial intelligence to capture, rate, and track early-stage companies and is building a related database. Through the process, the company is taking the guesswork out of investing in startups. KingsCrowd was founded by Christopher Lustrino in 2018 and has raised $106,999 and $23,063 respectively in its two prior raises on NetCapital. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,000,000, and the proceeds will be used for developing the ratings and analytics platform, growing the research team, business development and customer acquisition, and general purposes. KingsCrowd already generates annual recurring revenue of more than $20,000 and has recently acquired Crowditz to give it a massive data advantage.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,293 |
$0 |
|
COGS |
$31,425 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-60,585 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$65,613 |
$0 |
|
Accounts Receivable |
$646 |
$0 |
|
Total Assets |
$230,378 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/27/2019
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| KingsCrowd | 01/19/2024 | Dalmore Group | $45,000,000 | $5,000 | Equity - Common | Active | RegA+ |
| KingsCrowd | 08/06/2022 | Republic | $45,000,000 | $4,315,724 | Equity - Common | Funded | RegA+ |
| KingsCrowd | 09/30/2021 | Netcapital | $45,000,000 | $1,099,744 | Convertible Note | Funded | RegD 506(b) |
| KingsCrowd | 03/13/2020 | Netcapital | $4,635,000 | $998,467 | Equity - Common | Funded | RegCF / RegD 506(c) |
| KingsCrowd | 01/18/2019 | StartEngine | $4,244,382 | $46,777 | Equity - Common | Funded | RegCF |
| KingsCrowd | 10/15/2018 | Netcapital | $2,103,140 | $14,451 | Equity - Common | Funded | RegCF |
| KingsCrowd | 08/10/2018 | Netcapital | $1,926,999 | $106,999 | Equity - Common | Funded | RegCF |
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Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
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