Below are the newest equity crowdfunding raises that started this past week. For additional information, we encourage KingsCrowders to click on the link provided for more details, how each startup’s respective raise is progressing, and the ideas they are bringing to the marketplace.
Please note, these are not recommendations but are meant to inform our readers of new investment opportunities.
Be sure and check back with KingsCrowd in the future. We will continue providing updates on the following deals as they progress. Particularly if we feel they meet our criteria of being worthwhile as potential investments.
Happy Investing!
SleepChoices, with a valuation cap of $10 million, is raising on Republic. The company is advancing mattress technology for a peaceful sleeping experience. Snuz mattresses, the flagship product of SleepChoices, uses latest sleep technology to promote comfort, support, pressure, and pain relief.
SleepChoices was founded by Philip Shen in February 2017. The proceeds of the current crowdfunding round, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for in the R&D for HybridBed product and marketing and strategic partnerships. SleepChoices is already well-positioned in the market, with more than $250,000 in sales to date and 95% customers satisfaction rate.
Sleepless The Musical, under the company name Sleepless Musical LLC, is raising funds on MicroVentures. The company is creating a musical based on the film Sleepless in Seattle. The musical is written by the same story writer as the film and is expected to premiere in the UK in late 2019. Sleepless The Musical is being co-produced by David Shop and Michael Rose. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $107,000, will be used for the pre-production expenses. The movie, Sleepless in Seattle, grossed over $227 million worldwide and the musical is expected to generate comparable re sults.
Misterb&b, the world’s largest gay travel lodging platform, is raising crowdfunding on WeFunder. The company aims to empower the gay community to travel more safely and comfortably. It started with short-term rentals for gay travelers and aims to grow beyond that. Misterb&b was founded by Matthieu Jost, Francois de Landes de Saint Palais, and Marc Dedonder in 2014. The company has already raised $13.5 million from institutional investors and has a valuation cap of $40 million. The current crowdfunding round is expected to launch on March 8, 2019. Misterb&b already has more than 220,000 hosts in over 135 countries.
Dragon Cloud, with a pre-money valuation of $20.07 million, is raising on StartEngine. It is a web development agency that plans to bring revolutionary changes to staffing solutions industry by creating an online freelance marketplace. Dragon Cloud brings the clients and contractors together and helps both. Dragon Cloud was founded by Rick Mac Gillis in 2017. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $107,000. The number of clients of Dragon Cloud has grown from 3 in 2017 to 56 in 2018, and the company has promising potential.
Pratt Standard Cocktail, with a valuation cap of $2.5 million, is raising funds on WeFunder. The company manufactures premium craft cocktail syrups to help people make their favorite cocktails at home. Currently, the company has five cocktail syrups in the market. Pratt Standard Cocktail was founded by Tory Pratt.
The proceeds of the current crowdfunding round, with a minimum target of $50,000, will be used for digital marketing and improving the margin. Pratt Standard Cocktail is a good investment as it has reported more than two times revenue growth year-over-year, with revenues of $256,000 in 2018. The company sold 15,000 bottles in 2018 with 20% average gross margins and 19% customer return rate.
Quigler, the GPS for real estate buyers and sellers, is raising on StartEngine. The company has a pre-money valuation of $8.07 million. Quigler helps to bring transparency and compliance in real estate transactions. It is free for the customers to know what the agent is doing, and the agents pay monthly or yearly memberships to earn the clients’ trust through transparency and compliance.
Quigler was founded in March 2015 by David and Linda Michonski. The company has already raised over $1 million of equity in previous rounds, and the current round is expected to raise a minimum of $10,000 and a maximum of $107,000. Quigler has finished two years of programming and has launched itself in 50 states.
81-c, with a pre-money valuation of $1.25 million, is raising on StartEngine. The company is bringing entrepreneurship as an asset class and allowing people to invest in entrepreneur-led businesses. 81-c provides entrepreneurs with the opportunity to avail capital and investors with a chance to invest in small and medium-sized enterprises. 81-c was founded by Dan Abbate and Jess Merrell. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000. The company is scaling, and it has already selected and on-boarded its first business unit.
Totle, a decentralized exchange platform, is raising on Republic. The company has a valuation cap of $20 million. Totle is making decentralized exchange easy by providing the blockchain exchange infrastructure. Totle products are live and offer liquidity, safety, security, and price optimization.
The company was founded by David Bleznak and his team in September 2017. The proceeds of the current crowdfunding round, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for development, marketing, and infrastructure. Totle has already secured key customers like Edge and Monarch Wallet and is well placed with a $4 billion market opportunity in 2018.
ScentBox, with a pre-money valuation of $9 million, is raising funds on SeedInvest. The company is bringing revolutionary changes in designer fragrances industry through its monthly subscription service. Users can try designer fragrances before buying the expensive full-size bottles using one of the ScentBox’s four monthly subscription plans. ScentBox was founded by Les DuAlba and Craig DuAlba in 2016.
The proceeds of the current crowdfunding round, with a total size of $1 million, will be used for fulfillment, tech, and marketing. ScentBox reported about $3 million in revenues in 2018, a 200% growth from 2017, and has already shipped more than 260k subscription boxes since inception.
Festive Beverages, under the trade name WingDing, is raising crowdfunding on StartEngine. The company has a pre-money valuation of $3.25 million. Festive Beverages has developed a line of ready-to-drink alcoholic beverages in flexible pouches, including Margarita, Electric Lemonade, Long Island Iced Tea, Strawberry Daiquiri, and Strawberry Colada. Festive Beverages was founded by Andy Powell and Julie Powell in January 2013.
The company is presently localized in the Tampa Bay area of Florida and the proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used to expand the company nationally. The products of Festive Beverages have already won several awards and are well-appreciated in the Tampa Bay area.
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The equity crowdfunding market has KingsCrowd.
