Below are the newest equity crowdfunding raises from the 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!
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.
Loveseat, an online marketplace for vintage furniture auction, is raising funds on WeFunder. The company has a valuation cap of $8 million and helps sellers to liquidate their used furniture quickly and efficiently. The Loveseat team takes professional pictures of the furniture, measures them, lists them online, and manages the bidding process. Loveseat collects fees from both the buyers and the sellers. Loveseat was founded by Chris Stanchak and Jenny Stanchak in 2015 and has already raised more than $2 million since its founding. The current crowdfunding round has a target of $50,000, and the proceeds will be used to scale up operations in San Diego and Los Angeles and to open up a new market in Orange County. Loveseat sells more than 500 pieces of furniture every day, with 61% of the bidders repeating monthly.
Travelmate Robotics, with a valuation cap of $18 million, is raising funds on WeFunder. The company is the manufacturer of the first consumer robot in the market in the form of a self-moving suitcase. The Travelmate suitcase is powered with artificial intelligence and machine language that makes it follow you wherever you go. Travelmate Robotics was founded by Maximillian Kovtun in 2016 and raised $73,037 in 2018. 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 for research & development, manufacturing of the product lines, operations, and marketing. Travelmate Robotics suitcase was awarded the Best Product at the 2018 Travel Goods Show and is the only robotic suitcase that complies with all airline regulations.
SmartGurlz, the company that makes kids learn to code through play, is raising funds on WeFunder. The company, with a valuation cap of $7 million, is targeted towards teaching girls to code through their preferred learning styles and brain function including doll play, dress up, creative storytelling, and role model play. SmartGurlz was founded by Sharmi Albrechtsen and Jesper Nissen in 2017 and has raised more than $2 million since its founding. The proceeds of the current crowdfunding round, with a minimum raise of $100,000 and a maximum raise of $1,070,000, will be used towards R&D, marketing, and general operations. SmartGurlz is a fast-growing ed-tech company that came into limelight after being featured on Shark Tank. It has already sold more than 30,000 products and has generated revenues of more than $1.6 million.
App-App is raising crowdfunding on WeFunder. The application is a platform that offers complimentary appetizers to the customers when they dine out at the partner restaurants of App-App. The users get to explore new restaurants, get complimentary offerings, and try out new options without any risk. App-App was founded by Todd Folk and Nick Ludwig in 2018 and has raised $38,625 since its founding. The current crowdfunding round has a minimum goal of $20,000 and a maximum goal of $300,000, and the proceeds will be used for product development, marketing, and hiring and salaries. App-App already has more than 75 partner restaurants in New York City, with more than 150 monthly active users. The company has reported a 15% month-over-month growth in partner restaurants in the past five months.
Boon, with a valuation cap of $7.5 million, is launching a crowdfunding campaign on WeFunder on June 3, 2019. Boon is the provider of on-demand dental, medical, and veterinary staff. It makes the right match between dental providers and labor, on-demand, and promotes excellent patient care. Boon ensures that providers and temporary labor are paid fairly. Boon was founded by Ryan Vet in 2018 and has raised $82,179 since its founding. The proceeds of the current crowdfunding round, with a minimum target of $100,000 and a maximum target of $1,000,000, will be used for development and maintenance of the platform, marketing, new business development, and sales and client support. Boon has a strong potential as the target market is vast, and both medical and dental industries are growing and stable.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
