Below are the latest equity crowdfunding raises begun this past week. For additional information, we encourage KingsCrowders to click on the link provided for more details. If interested, be sure and follow how each startup’s respective raise is progressing, and the concepts they are bringing to the marketplace.
Please note, these are not recommendations but are meant only to inform our readers of new investment opportunities.
Be sure and check back with KingsCrowd in the future. We will continue providing updates on each raise as it progresses. Particularly if we feel they meet our criteria of being worthwhile as potential investments.
Young Entrepreneurship and Innovation International (YEII)
Young Entrepreneurship and Innovation International, with a valuation cap of $4 million, is raising funds on Republic. The company provides education related to frontier technologies to the youth and encourages innovation and entrepreneurship. The programs of YEII teach through activities, experiences, and family involvement. Young Entrepreneurship and Innovation International was founded by Eric Alvarez and Melissa Flores in October 2019. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used to grow the organization and capture more students and school partnerships. Young Entrepreneurship and Innovation International has 28 patented processes and has served more than 10,000 students. The company is growing at a rate of 30% per year and has the potential to reach over 4 million students.
Frame, with a $5 million valuation cap, is raising funds on SeedInvest. It is a media company that publishes documentaries in an interactive format suitable for mobile phones. The news stories of Frame are short, narrative, and address major issues. The company was founded by Ben Moe, and it raised $150,000 in its pre-seed round of funding. The current crowdfunding round has a total round size of $1,000,000, and the proceeds will be used towards editorial, marketing, product, general and administrative expenses, and services and software. Frame grew its subscribers 18% month-over-month from December 2019 to January 2020 and has secured a paid, branded deal with a US non-profit organization.
WaterBlocks, with a post-money valuation of $19 million, is raising funds on StartEngine. The company is reinventing the flood barrier systems by using superior designs that can be deployed rapidly. The product of WaterBlocks helps in large-scale flood protection in addition to the company’s Digital Barrier Sharing Network. WaterBlocks is the alternate corporate identity of Locking Line Barriers Corporation and was founded by Joe Daniluk in 2015. The current round of crowdfunding of the company has a minimum target of $10,000 and a maximum target of $1,070,000, and the funds will be used towards inventory expansion, promotions, marketing, and sales of the product line through trade shows and promotional events. WaterBlocks product is made of steel-reinforced polyethylene blocks that link and lock together and offer watertight protection.
SportBLX Thoroughbreds, with a pre-money valuation of $283,000, is raising funds on WeFunder. The company owns several racehorses and will allow fans to take thoroughbred ownership. It is a web portal that will allow investors to own a stake in unique sports assets. SportBLX Thoroughbreds will also provide unique content on its website, in addition to on-track experiences. SportBLX Thoroughbreds was founded by Joseph De Perio and George Hall in 2019. The proceeds of the current crowdfunding round, with a minimum goal of $276,000 and a maximum goal of $1,069,960, will be used to purchase an additional stake in horses, including Max Player, Swingman, Adara, and an unnamed Filly. The thoroughbreds of SportBLX have strong pedigrees, and Max Player has already earned his place in the Kentucky Derby points leaderboard.
Linkio, with a valuation cap of $3 million, is raising funds on WeFunder. The platform serves as the link between those who need a service and those who can provide the service. It is bridging the gap between service providers and budget-conscious people in need of help. Through the Linkio platform, freelancers get work, and people don’t have to overpay for services. Linkio was founded by Landy Abreus and has raised over $500,000 since its inception. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $400,000, and the proceeds will be used towards marketing, research and development, business operations, and marketing through social media. Linkio has a proven business model with 13,000 new devices registered and $13,000 of sales in the beta launch.
Lost Spirits Distillery, with a $20 pre-money valuation, is raising funds on WeFunder. It is one of the world’s best distilleries, blended with theme park experience. The new kind of distillery concept comes with an elaborate tour and fine dining experience and sells tickets for visits. Lost Spirits Distillery was founded by Bryan Davis and Joanne Haruta and has raised over $3.7 million since its founding. The proceeds of the current round of crowdfunding, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used towards increasing wholesale inventory, expansion of the tour in LA, and pursuing a new distillery in Las Vegas. Lost Spirits Distillery has reported a 1200% growth in revenues in the past three years and is tracking high revenue from the Los Angeles distillery.
UCapture, with a valuation cap of $4.75 million, is raising funds on SeedInvest. The platform allows consumers to offset their carbon footprint when they shop online. It creates a win-win situation for consumers, companies, and the planet as most of the commission earned by UCapture through partner websites is used to fund carbon offset projects like deforestation. UCapture was founded by Avery Michaelson and Mark Siadat in 2015 and has raised over $700,000 in its pre-seed rounds of funding. The current crowdfunding round has a minimum goal of $200,000 and a maximum goal of $750,000, and the proceeds will be used towards the development of mobile browser, extension and website, card-linked service, grass-roots marketing, online marketing, and operational expenses. UCapture has reported over 150% year-over-year growth in revenues by increasing affiliate marketing partners and users.
Thinker-Tinker, with a post-money valuation of $10.06 million, is raising funds on NetCapital. It is an ed-tech startup that develops hardware-software tech solutions to bring kids’ favorite characters to life. Thinker-Tinker has a patent-pending interactive plush character system, Octobo, that transforms passive screen time into active learning and playtime. Thinker-Tinker was founded by Yuting Su and is backed by Techstars and Comcast. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the funds will be used towards marketing, product development, hiring, and legal expenses. Thinker-Tinker is backed by a strong and experienced team and has established partnerships with NBCUniversal and DreamWorks.
Sparkle, with a valuation cap of $6 million, is raising funds on Republic. The company is offering a natural solution to sanitary pads by making sanitary pads from sustainable plant-based ingredients. The sanitary pads of Sparkle are made from bamboo fiber, banana fiber, and corn starch and biodegrade after six months of disposal. Sparkle was founded by Hetal Virani and Chirag Virani in October 2019. 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 to import raw material and establish an automatic sanitary napkin manufacturing plant in the US. Sparkle has a patent-pending technology that has been launched in India, selling more than 100,000 pads. The technology of Sparkle has also helped to reduce banana stem agro-waste.
Urban Power Connections: Adams and Vista Airbnb Initiative
Urban Power Connections: Adams and Vista Airbnb Initiative, a real-estate investment fund, is raising funds on Buy The Block. The fund works towards revitalization and repurposing of vandalized and abandoned properties and unites the local community against the gentrification and settlement of non-minority residents in the inner cities of Central Texas. The company, doing business as, Adams & Vista LLC, was founded by Regiis Jones, a real-estate expert. The current crowdfunding round of the company has a minimum raise of $107,000 and a maximum raise of $1,070,000. Urban Power Connections: Adams and Vista Airbnb Initiative will work towards converting such properties into Airbnb accommodations and bring the rental revenue up by 20%-30% compared to the traditional rental revenue.
Urban Modesty, with a pre-money valuation of $1.5 million, is raising funds on SeedInvest. The company is a modest fashion designer and retailer that manufactures and sells modest, yet fashionable clothes. It is an online brand that caters to fashion-forward women who want to be trendy without compromising their values. Urban Modesty was founded by Sherihan Moustafa in 2014. The current round of crowdfunding of the company has a round size of $300,000, and the funds will be used towards marketing, salaries, operations, rent, and inventory. Urban Modesty already sells in over 20 countries, with more than 30,000 designs sold to over 9,800 customers. The company has generated over $1.2 million in lifetime sales.
SNAPSHYFT, with a post-money valuation of $8.12 million, is raising funds on NetCapital. The company is disrupting recruitment and staffing in the food & beverage and hospitality industry. It is a cloud-based staffing software and mobile app that connects the food & beverage and hospitality industry with the professionals of the industry, on-demand. The solution helps to fill shifts fast, plan ahead, and reduce turnover. SNAPSHYFT was founded by Thor Wood and Stephanie Corliss in 2018 and has already raised over $700,000 in previous rounds of financing. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $1,069,999, and the proceeds will be used for sales and marketing, development, operations, and working capital. SNAPSHYFT has generated $572,000 in lifetime revenues, with a 253% growth in gross revenues from January 2019 to January 2020.
PromoShare, with a post-money valuation of $3.29 million, is raising funds on NetCapital. The company assists live event producers and sports teams to manage their ambassadors throughout, starting from engagement to conversion. The invite-only ecosystem of PromoShare allows producers to track, manage, and reward local influencers for selling tickets. PromoShare was founded by Ernesto Pedroza, Robert Armband, Julia Fischer, and Raymundo Ginez in 2018. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used towards marketing, new team members, hardware, and tech development. The revenue model of PromoShare works through yearly licensing fees and revenue share, in addition to strategic partnerships and micro-influencer campaigns.
Hitch Hotel, with a $5 million pre-money valuation, is raising funds on StartEngine. The company makes lightweight expandable hotels that can be attached to the back of any vehicle through a trailer receiver. The product is suitable for constant travelers and weekend adventurers and gives over seven feet of sleeping room. Hitch Hotel Classic is safe, comfortable, raised from the ground, and easily secured. Hitch Hotel was founded by Geoff Patterson and Gil Goren in 2015 and has raised over $170,000 in previous rounds of funding. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000. Hitch Hotel is protected by five patents and has already reached over 320,000 potential customers through its website.
WinSanTor, with a valuation cap of $75 million, is raising funds on StartEngine. The company is focused on developing drugs for the treatment of diabetic peripheral neuropathy. The first drug of WinSanTor is in the clinical trial and is expected to reach the patients in the next three years. The class of drugs discovered by WinSanTor scientists increases ATP production in the affected nerves and increases their growth. WinSanTor was founded by Paul Fernyhough, Nigel Calcutt, and Lakshmi Kotra and has already received over $25 million in peer-reviewed grants. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $535,000, and the funds will be used to complete the Phase 2 trials and prepare for the Phase 3 clinical trials. WinSanTor is bringing about a breakthrough in science, and its drugs could be the only disease-modifying treatment for any form of peripheral neuropathy.
CYDigital, with a pre-money valuation of $2 million, is raising funds on Fundopolis. The company allows consumers to share their data in return for rewards from marketers. CYDigital takes consumers’ permission and facilitates them to capture, own, and selectively share and generate value from the data generated from their offline and online activities. CYDigital was founded by Joseph Rizzo and John Rizzo in 2018. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $325,000, will be used towards the development of the minimum viable product (MVP). CYDigital is a disruptor in the digital advertising marketplace and is offering a unique blockchain solution to both consumers and marketers.
Innerglow Yoga, a yoga studio in Mashpee, MA, is raising funds on MainVest. The studio serves the community through yoga, meditation, mindfulness, and nutrition. It is one of the only yoga studios in the area with an in-house training program for teachers, offering opportunities through workshops and special events. The studio also offers plant-based cooking classes and nutrition counseling. Innerglow Yoga is owned by Michelle Itzkowitz, with years of experience in culinary arts, yoga, meditation, and nutrition. The funds raised from the current round of crowdfunding, with a minimum goal of $50,000 and a maximum goal of $107,000, will be used for financial consolidation, remodeling of existing locations, and purchasing a new location. Innerglow Yoga has a proven demand in the Mashpee Commons and Downtown Plymouth areas, with average monthly revenue of $25,000 and a profit margin of 12%.
Brato Brewhouse and Kitchen, a brewery in Brighton, MA, is raising funds on MainVest. The brewpub is known for its delicious suppers, house-made sausages, and unique house-made sourdough grilled cheeses, in addition to the beers on tap. The beers of Brato Brewhouse and Kitchen are of various styles and satisfy all palettes. Brato Brewhouse and Kitchen was founded by Chef Jonathan Gilman and Brewer Alex Corona in 2019. The proceeds of the current crowdfunding round of the company, with a minimum target of $25,000 and a maximum target of $75,000, will be used to build out a patio space. Brato Brewhouse and Kitchen is building its brand and has plans for rapid expansion.
Serve Food LLC, doing business as The People’s Kitchen, is raising funds on MainVest. It is a shared-use, commercial kitchen in the Holyoke Springfield area, that works as a co-working space. The People’s Kitchen allows new and existing food businesses to use its space and equipment to grow and prosper. Serve Food was founded by Chef Matthew Lillibridge, with decades of experience in the foodservice industry. The current round of crowdfunding has a minimum goal of $12,000 and a maximum goal of $30,000, and the proceeds will be used to purchase specialized equipment, including a walk-in cooler, tilt skillet, and a food cart or truck. The People’s Kitchen has a proven demand and competitive advantage in its area, with anticipated average monthly revenue of $10,675.
Stone House Products, an artisan manufacturing company in Rumney, NH, is raising funds on MainVest. The company creates products of high quality and lifetime value and memories. Stone House Products provides custom merchandise to artists, touring musicians, and small businesses and also runs its own unique product lines. Stone House Products is owned by a father-son team, Eric Sheffield and David Sheffield. The current round of crowdfunding of the company has a minimum raise of $22,000 and a maximum raise of $30,000, and the proceeds will be used towards advertising, streamlining the retail website, expansion of workshop, and purchasing equipment, including another laser cutter and a CNC machine. Stone House Products has grown well in the past year through wholesale pop-ups, business promotional items, band and artist merchandise, and sub-contracting partnership, and plans to continue its growth and expansion.
Lucas & Friend, with a pre-money valuation of $100,000, is raising funds on Mr. Crowd. The company aims to explore business opportunities in the US co-living real estate for global Chinese students. Lucas & Friend will acquire, develop, and manage such co-living spaces, with rental prices expected to be between $1,150 and $1,650 per month. Lucas & Friend was founded by Nathan Jenkins in November 2019. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $1,070,000, and the proceeds will be used to acquire an existing single-family property within the school network of the University of California Irvine, give it a makeover, and furnish and develop it. Lucas & Friend has the potential to become the leader in global Chinese students’ accommodations, both within the US and across the world.
