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, 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!
InnaMed, with a valuation cap of $12 million, is raising crowdfunding on Republic. The company is developing an at-home testing device called TeleLab. The device can be filled with several disease-specific test cartridges and helps to monitor the patients remotely. InnaMed is using modern blood collection techniques, cloud computing, and its patented electrochemical blood analysis technology to provide lab-level testing at home.
The company was founded by Eshwar Inapuri, Alan Jernigan, and Anup Singh in May 2016, and has already developed two prototypes. The proceeds of the crowdfunding round, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for clinical validation and beta testing of the device. InnaMed already has $400,000 in contracts with U.S. government agencies and represents a fast-emerging pharma company.
Bounty0x, with a valuation cap of $5 million, is raising funds on Republic. It is streamlining the online software coding bounty hunting gig economy. Bounty0x is making the coding bounty campaign process simple, transparent, and secure.
The bounty hunters, sheriffs, and businesspeople can connect with each other through Bounty0x and earn cryptocurrency. Bounty0x was founded by Angelo Adam, Pascal Thellmann, and Deniz Dalkilic in January 2019. The proceeds of the current round of crowdfunding, with a minimum raise of $25,000 and a maximum raise of $1,070,000, will be used for marketing, adding new features to the business growth platform. Bounty0x already has more than 90 premium clients.
Book+Main, the matchmaker for readers and authors, is raising crowdfunding on Republic. The company has a valuation cap of $6 million and is working towards giving visibility and exposure to authors, along with the right story match for the readers. Authors upload excerpts or Bites from their novels and create interest among the readers.
Book+Main caters specifically to the romantic genre. It was founded by Tracey Suppo and Melissa Saneholtz in March 2017. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000. Book+Main already has over 45,000 registered users on its platform, including around 3,400 authors.
Core State Holdings, the largest cannabis social network in the world, is raising funds on Fundanna Crowdfunding. The company has a pre-money valuation of $4.05 million and owns two digital properties. One of the properties is the social network for the cannabis industry, CannaSOS, and the other one is an advanced cryptocurrency wallet called PTPWallet.
Core State Holdings earns by selling digital advertising on CannaSOS to businesses in the health, crypto, and cannabis industry. The company was founded in March 2019 while CannaSOS was launched way back in 2014. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,005,000, will be used for marketing campaigns and to attract more users.
Airspace Experience Technologies
Airspace Experience Technologies, offering private air travel to the masses, is raising funds on SeedInvest. The company has a pre-money valuation of $25 million and is using mass production and state-of-the-art technology for manufacturing vertical take-off and landing aircraft. The aircraft will be useful to carry cargo and passengers five times faster than driving. Airspace Experience Technologies was founded by Jon Rimanelli and Anita Sengupta and has already raised $965,000 in its pre-seed round.
The current crowdfunding round has a total size of $8,070,000, and the proceeds will be used for aircraft development, marketing, and employee compensation. Airspace Experience Technologies holds strong potential as it is backed by a management team with decades of experience and has already signed an MoU with VerdeGo Aero to supply its parts like motors and batteries.
Heart Rate Social, with a valuation cap of $2 million, is raising funds on MicroVentures. It is a community and an application for individuals who are concerned about health and fitness. Heart Rate Social helps them find a workout partner, local fitness events, or even a date with similar interests! Heart Rate Social was founded by Christopher VanBerg in August 2018 and has raised $200,000 in funding in previous rounds.
The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $107,000, for marketing and adding more revenue-generating features. Heart Rate Social already has about 3,000 downloads and over 2,600 users, and it soon plans to expand nationally.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
