Below are the latest 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 further information on what they are bringing to the marketplace.
Please note, what follows 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!
Mealthy, with a valuation cap of $30 million, is raising funds on Republic. The company manufactures and sells small kitchen appliances that are supported by technology to prepare simple home-cooked meals. The appliances and apps of Mealthy help consumers in planning, shopping, preparing, and cooking delicious meals.
Mealthy was founded by Bernardo de la Vega in August 2017. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000, and the proceeds will be used to launch new products and to continue product innovation. Mealthy reported revenues of $6.3 million in its first year of sales in 2018 and is soon to expand in international markets with several new products in 2019.
Veriglif, with a valuation cap of $7 million, is raising crowdfunding on WeFunder. The company is bringing a revolution in the personal consumer data by serving as a connecting link between the buyers, sellers, and creators of personal data. The Veriglif digital platform validates identities of consumers, links data, catalogs inventory, initiates secure transactions, and charges a small fee on all transactions on its network.
Veriglif was founded by James Wilson and ten other members in 2018 and has already raised $330,000 in previous rounds of funding. The proceeds of the current round of crowdfunding, with a goal of $60,000, will be used to complete the second stage of the network. Veriglif already has commitments from ten network partners including, GreenBook and Datawallet, and is being evaluated by IBM to include Veriglif data in their Mediaocean operation.
R3 Printing, the manufacturer of purpose-built R3 Printer, is raising funds on Republic. R3 Printer is an innovative 3D printer suitable for running an affordable on-demand manufacturing service. The printer prints 90% faster and 200% larger than competitors, and gives a competitive advantage to the manufacturers. The printer also comes with overheat prevention that eliminates printer jams.
R3 Printing was founded by Daniel Downs and Paul Sieradzki in March 2018 and sports a valuation cap of $7.5 million. The current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $435,000, will be used for tweaks in the hardware components of R3 Printer and to scale efficiently. R3 Printing has already received a government grant from the United States Air Force and is undertaking initiatives to grow further.
South Plains Petroleum, with a pre-money valuation of $8.3 million, is raising crowdfunding on StartEngine. The company uses modern technology to reevaluate old oil and gas wells data and find the remaining reserves in them. As a result, South Plains Petroleum gets to reduce its costs on exploration and infrastructure and get higher returns on investment. South Plains Petroleum was founded by Richard A.
Quintal and Suzanne E. Ruffini. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used for the acquisition of new oil properties and expansion. The company already holds options to purchase 17 existing wells and 50 developmental well sites.
Caresplit, the app enabling moms to swap childcare with each other, is raising funds on WeFunder. The Caresplit application allows mothers to take turns holding play dates and get credits for doing so. The credits can be used for getting childcare from another trusted mom.
Caresplit was founded by Arielle McKenzie with a goal of creating a community of millions on mothers. The current crowdfunding round has a minimum target of $20,000, and the proceeds will be used for the further development of the app. Caresplit already has about 500 moms signed up for it and has three employees.
vSpatial, with a vision to allow people to work from anywhere, is raising funds on WeFunder. The company uses virtual reality and augmented reality to make remote working more convenient and less complicated. The company has a pre-money valuation of $14.7 million and has become freely accessible n the Oculus and Steam stores.
vSpatial was founded by Richard Platt and John Sallaway in early 2016 and has raised $3.3 million in previous rounds of funding. The current crowdfunding round has a minimum goal of $200,000, and the proceeds will be used for marketing the product online and on face-to-face platforms. vSpatial already has 30,000 users and has hosted 4,000 virtual meetings in over 107 countries.
Ambriza Boardwalk, a soon-to-open Mexican restaurant in Houston, is raising funds on NextSeed. Ambriza Boardwalk is the second restaurant of the owners of the award-winning restaurant Ambriza Social Mexican Kitchen. The restaurant will offer traditional dishes with the highest quality ingredients, along with sophisticated interiors.
Ambriza Boardwalk is owned by Julio Garcia and is set to open in Fall 2019. The current crowdfunding round has a minimum raise of $100,000 and a maximum raise of $300,000, and the proceeds will be used towards construction, equipment costs, inventory and working capital. Ambriza Boardwalk is placed at an excellent location and is backed by an experienced founder and team.
SimpleShowing, with a valuation cap of $8 million, is raising crowdfunding on Republic. SimpleShowing is an innovative and new way to tour and buy a home. The home buyers initiate showings according to their convenience, without paying any cost for the tour. They are also entitled to a share in the commission equalling 1.5% of the home price. SimpleShowing is the real-estate for the modern world.
The company was founded by Fred McGill and Jeremy Gamble in January 2018 and has raised $500,000 in previous rounds of funding. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000. SimpleShowing already has monthly revenue of $80,000, with month-over-month growth of 15% and 67% of the users who book a home tour buy a home through SimpleShowing.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
