New Deals - August 27, 2019

New Deals for Week Ending 08/25/2019

Below are the latest equity crowdfunding raises started 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 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.

Neurotez

Neurotez, with a post-money valuation of $22.5 million, is raising funds on NetCapital. The company is developing a hormone replacement therapy named Memtin to treat Leptin deficiency in Alzheimer’s patients. The drug will help slow down the cognitive decline in Alzheimer’s patients and other forms of dementia. Neurotez is led by Nikolaos Tezapsidis as the President and CEO, and Wes Ashford as the Chief Medical Officer.

The company has already raised $4.5 million in funding from the National Institute of Health, IRS, and New Jersey Commission of Science and Technology. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $500,000, and the proceeds will be used for the various studies, clinical trials, manufacturing, personnel costs, and debt repayment. Neurotez has already received many rewards and recognitions and is backed by an excellent team of experts.

Blue World Voyages

Blue World Voyages, a new cruise line focused on sports and wellness, is raising crowdfunding on Republic. The company has a valuation cap of $60 million and aims to offer the first healthy cruise vacation. The cruise will feature a sea-water lap pool and swim platform, a functional training center, yoga studio, juice bar, sports simulators, bike-fitting station, a golf school, and an Aft Therapy pool.

Blue World Voyages was founded by Gene Meehan and Fredy Dellis and has raised $288,885 in a previous crowdfunding round and $450,000 in the seed round. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $245,000. Blue World Voyages has already established strategic partnerships with top sports and media companies, and the ship is expected to sail in 2021.

A Show For A Change

A Show For A Change, with a valuation cap of $3 million, is raising funds on SeedInvest. It is an entertainment company that aims to impact the world through its stories and content. A Show For A Change is building a community of like-minded people through its global platform, Movikarma. The company delivers socially impactful and inspiring films through its platform. A Show For A Change was founded by Jared Milrad, a socially conscious advocate.

The proceeds of the current crowdfunding round, with a round size of $1.5 million, will be used for technology management & maintenance, marketing, SVOD and AVOD filmmaker payouts, insurance & benefits, and other purposes. A Show For A Change has a glorious library of impact content and is working well to further social causes through its films, stories, and content.

Wifigen

Wifigen, offering free Wi-Fi to customers at retail outlets, is raising funds on WeFunder. The company has a valuation cap of $4 million and allows retailers to gain and retain customers through free Wi-Fi. Customers login to the guest Wi-Fi network through any social networking account, and remain permanently signed in to the retailer’s guest Wi-Fi. Wifigen was founded by Bilal Athar in 2015 and has already raised $250,000 from angel investors.

The current crowdfunding round has a minimum target of $50,000 and a maximum target of $250,000, and the proceeds will be used for product development and R&D, customer acquisition, and marketing campaigns. Wifigen already has more than 3 million users who have connected 46 million times and works on an effective subscription-based business model.

Tap Systems

Tap Systems, with a pre-money valuation of $19.5 million, is raising funds on StartEngine. The company has created a wearable device, named Tap, that can be used to control a mouse, create a text, or send commands, just by tapping the fingers on any surface. Tap Systems has revolutionized the world of augmented reality with its product.

The company was founded by Dovid Schick and Sabrina Kemeny in 2014. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000. Tap Systems started shipping in February 2018 and already has customers in over 40 countries. The product has traction in multiple markets, including gaming, VR/AR, media control, and smart devices.

Elevatr

Elevatr, a mobile application for anxiety and depression, is raising crowdfunding on StartEngine. The company has a valuation cap of $5 million and helps people with mental health issues connect with those who can help them. Elevatr offers peer support to people with depression and anxiety, in addition to an affordable way to connect with a psychotherapist.

Elevatr was founded by Dr. Israel Zyskind and Aaron Rozzi in April 2016 under the name of Docz app and was renamed to Elevatr in July 2017. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $300,000, and the proceeds will be used to invest in technology and the team. Elevatr has already received over 7,000 downloads, with around 3,000 public peer discussions and over 80,000 private messages between Elevatr users.


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About: Sean O'Reilly

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