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.
Digifox, with a valuation cap of $18.1 million, is raising funds on Wefunder. The company has created an all-in-one finance app to manage personal finance. The app allows users to earn high interest rates on their savings and send payments across the world for pennies. It aggregates all the financial needs of individuals and helps them manage taxes, make payments, buy cryptocurrencies, and manage their savings. Digifox was founded by Nicholas Merten and Chase Poirier and has raised over $180,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum target of $100,000 and a maximum target of $1,070,000, will be used for hiring employees, marketing, legal counsel and guidance. Digifox’s app is fully built and available on iOS and Android. The company has multiple streams of revenue through lending, trading, borrowing, and transactions.
Apotheka, with a valuation cap of $8 million, is raising crowdfunding on Wefunder. The company has built an electronic medical records platform integrated with blockchain for patient scheduling, registration, point of care, and revenue cycle. The blockchain technology works to make electronic medical records secure and scalable. Apotheka was founded by Dennis Maliani and has raised over $39,000 since its inception. The current round of crowdfunding has a minimum goal of $300,000 and a maximum goal of $1,070,000. The proceeds will be used to hire more full-time staff members, increase advertising and promotion efforts, cover bank charges, office rent and salaries, and research and development. Apotheka is working as a solution to integrate telemedicine onto the blockchain to facilitate self-assessments of COVID-19 patients. The solution is currently in use at Pacific Stemcells, Health Centurion, and Cedars Sinai TowerENT.
3D Houdini, with a $4 million valuation cap, is raising funds on Wefunder. The company has created an on-demand solution for sourcing parts and related services for the manufacturing industry. It is the first freelance platform for the manufacturing sector that provides small manufacturers with low-cost access to the global market. 3D Houdini was founded by Chris White in 2019. The proceeds of the current round of crowdfunding, with a minimum raise of $50,000 and a maximum raise of $500,000, will be used for business development, including website development, marketing, branding, and advertising. 3D Houdini is a highly automated, low overhead, virtual business with high scalability. The company has been profitable since its first sale in April 2020.
nedl, with a valuation cap of $8 million, is raising crowdfunding on Wefunder. The app makes it possible for everyone to have their own live radio show in 90 seconds. The users can share their link, and listeners can tune in automatically, without having to download any app. nedl allows audio creators to amplify, monetize, and transcribe their words in real-time. nedl was founded by Ayinde Alakoye and has raised over $1.5 million since its founding. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The funds will be used for personnel, user acquisition, and ongoing server costs. nedl is democratizing access to information and the microphone. It has lots of opportunities ahead with the support of its strong team and disrupting technology.
EVwinCO, with a valuation of $56,000, is raising funds on Localstake. The company is reimagining vehicle ownership by offering cars on demand. The service appeals to renters of cars who don’t want the stress and expenses of owning and maintaining cars and parking spaces. EVwinCO was founded by Jason Younker and Tyler H. Younker in June 2019. The current crowdfunding campaign has a minimum raise of $70,003.69 and a maximum raise of $1,069,980.94. The proceeds will be used for equipment purchase, startup development, and marketing and sales. EVwinCO has tested its strategy on its personal cars and currently has an offering of four Tesla models. The company is receiving positive feedback and repeat customers.
Vestaboard, with a pre-money valuation of $9.39 million, is raising funds on StartEngine. The company has reimagined the design of split-flap displays to create internet-connected displays that can be controlled from anywhere. The product can be used anywhere, including homes, offices, educational institutions, hospitality, and health services. Vestaboard was founded by Dorrian Porter in 2015 and has raised over $1 million since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $9,999.40 and a maximum goal of $1,069,998.70, will be used to commence mass production of the product. Vestaboard has already received $4.3 million in reservations, and the very first units are expected to reach early customers in July 2020.
Cartel Brewing & Blending, an upcoming brewery in Lancaster, PA, is raising funds on MainVest. The nano-brewery will offer craft beer brewed in small batches, in addition to unique and tailored experiences through blending. The offerings of Cartel Brewing & Blending will include all dark beers, kettle sours, lighter ales, house blends and poured-to-order blends, barrel-aged beers, and a lite fare cafe menu. Cartel Brewing & Blending was founded by Adam Chamberland, Cullen Farrell, Kyle Ober, and Xiang Guo in 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000, and the proceeds will be used for property renovations and equipment. Cartel Brewing & Blending is focused on high levels of quality and freshness using traditional categories, flavors, and ingredients.
Chaco Flaco Drinks, a drinks company and a lifestyle brand, is raising funds on Honeycomb. The company makes all-natural craft cocktail mixers that are low-calorie and low-sugar. The canned cocktails of Chaco Flaco Drinks are bridging the gap between low calorie and great taste. Chaco Flaco Drinks was founded by Chuck Moore, a professional bartender, in 2012. The funds from the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $50,000, will be used to fund the initial product run, including the Vodka Berry Mule, the Strawberry Daiquiri, and the Mango Marg. Chaco Flaco Drinks expects to launch its craft-ready cocktail mixers in the fall of 2020 and is in the process of securing distribution channels and retail partners.
Nada, with a $12 million valuation cap, is raising crowdfunding on Republic. It is a real-estate technology company moving real estate buying and selling online without paying any brokerage. The company is transforming real-estate transactions into a homeowner service relationship by integrating all the disconnected services into one digital solution. Nada was founded by Mauricio Delgado, John Green, and Felipe Miranda in 2018 and has raised over $500,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for the MVP release and expansion into new markets. Nada has business partnerships with Young Alfred & Aceable Agent and is backed by The University of Texas’ Accelerator and Google Startup Program.
Premier Party Cruises, a party boat and party barge rental company, is raising funds on NextSeed. The company offers unique party experiences through party boat charters in Central Texas. It is the home of the ATX Disco Cruise for bachelor parties. Their parties include private charters, captain, crew, and all amenities. Premier Party Cruises is led by Brian Hill and Justin Rossi and was founded in 2009. The current round of crowdfunding has a minimum goal of $120,000 and a maximum goal of $250,000, and the proceeds will be used as working capital to sustain the business during the COVID-19 pandemic. Premier Party Cruises has hosted over 2,000 successful cruises in the past ten years and is led by an experienced group of captains, crew, and management.
GrapeStars, with a valuation cap of $12.5 million, is crowdfunding on Republic. It is a unique marketplace for celebrity wines and spirits. The celebrities promote their spirits directly to the customers through the platform, and users get to discover new products. The platform complies with state and federal laws and also allows users to interact with their favorite celebrities. GrapeStars was founded by Jean-Jean Pelletier, Robert Pelletier, Stephan Fortier, and Stefan Lindqvist in 2016. The proceeds of the current crowdfunding campaign, with a minimum target of $25,000 and a maximum target of $500,000, will be used to expand into international markets and take on new celebrity products. GrapeStars works on a 15% commission on products sold and expects to reach $100 million in revenue in the next five years.
Kingmakers Ops, with a $7 million valuation cap, is raising funds on Wefunder. The company is building a portfolio of world-class businesses by buying, operating, and growing home services businesses. It identifies the best of the businesses and buys them at good terms to further improve them by using its playbook. The business types include HVAC, plumbing, and roofing businesses. Kingmakers Ops was founded by Deven Soni and Hayden Miyamoto and has raised over $80,000 since its inception. The current round of crowdfunding has a minimum raise of $100,000 and a maximum raise of $1,070,000. The funds will be used as deposits and down payments to acquire businesses. Kingmakers Ops already has offers on two plumbing/HVAC companies and is targeting recession-resistant essential services market.
Radix Motion, with a valuation cap of $6 million, is crowdfunding on Wefunder. The company is redefining human communication by allowing people to connect in 3D even when they are apart. Meu, the prototype of Radix Motion, is the first social platform based on 3D human movement. During COVID-19, the platform allows users to send 3D messages, hugs, kisses to their friends, even if they don’t have VR. Radix Motion was founded by Sarah Hashkes and Matthew How and has raised over $100,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $250,000, will be used to finish developing social network features, develop advanced features, and reach out to festivals, conferences, and influencers. The prototype of Radix Motion already has over 1,500 users. The company has experienced a 55% increase in the use of its 3D-enhanced virtual parties during COVID-19.
ZenSpace, with a pre-money valuation of $12.5 million, is raising funds on StartEngine. The company is helping remote workers to get on-demand workplaces in public spaces, anytime, anyplace. The ZenSpace SmartPods have noise reduction, air circulation, LED lighting, and power ports and are reservable through the ZenSpace app, website, or digital kiosk. ZenSpace was founded by Mayank Agrawal and is led by an experienced team of engineers, technologists, and visionaries. The current crowdfunding campaign has a minimum target of $9,999.75 and a maximum target of $534,999.75. The funds will be used for growth and expansion. ZenSpace is creating more remote workplaces with the increased need for remote working during the COVID-19 pandemic. The company generates revenue through a flat fee and annual licensing agreement with the estate owners and charges paid by the customers for SmartPods and Business Lounges.
The Rickhouse Hotel + Distillery
The Rickhouse Hotel + Distillery, an upcoming hotel in Versailles, KY, is raising funds on MainVest. It will be a horse racing-themed hotel on the Kentucky Bourbon Trail, with an on-site micro-distillery and restaurant. The hotel will be built on a 36,000 square foot facility and will feature 44 rooms. The rooms will be individually-designed by local entrepreneurs with deep knowledge of the horse industry. The Rickhouse Hotel + Distillery was founded by Jarod Williams, Emily Lynn, Alex Riddle, and Emily Riddle in 2019. The proceeds of the current round of crowdfunding, with a minimum raise of $100,000 and a maximum raise of $1,000,000, will be used to purchase and renovate the hotel. The Rickhouse Hotel + Distillery is set at a prime location and will offer the ultimate Kentucky vacation experience to the clients.
La Tia Pepa, a new Spanish restaurant in Washington, DC, is raising crowdfunding on MainVest. The restaurant is a new grab-and-go concept by La Taberna Del Alabardero and focuses on traditional and healthy food options. La Tia Pepa will serve customers with a fast and casual experience while keeping the Spanish culture intact. La Tia Pepa is led by Ramon Pereiras, with Carlos Gomez as the Executive Chef. The proceeds of the current crowdfunding campaign, with a minimum goal of $60,000 and a maximum goal of $80,000, will be used for the build-out, operational capital, and equipment. La Tia Pepa is led by an experienced team and will build upon the success of Taberna Del Alabardero. The restaurant will also offer online grocery services where customers can place orders for pickup.
Lunchwale, with a valuation of $7.5 million, is raising funds on Fundopolis. The company offers corporate lunch services with its preset meals for only $4.99. The meals are delivered free of delivery charges and with no minimum order requirement. The business is established, profit-making, eco-friendly, and has the first-mover advantage. Lunchwale was founded by Gopi Kantamneni, Aishwarya Kantamneni, and Asha Kantamneni in December 2017. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000. The proceeds will be used to scale the business up by adding new customers and new cuisines. Lunchwale reported revenue of $71,000 in 2019, up 200% from 2018. The company focuses on lunches only and has carved a niche for itself.
HelloWoofy, with a $9 million valuation cap, is raising funds on Republic. It is a smart marketing platform that leverages artificial intelligence technology and data to curate personalized marketing content for small businesses. The platform is the personal social media manager for businesses that keeps campaigns organized and allows copywriters to become more efficient. HelloWoofy was founded by Arjun Rai in September 2016 and has raised over $900,000 since its founding. The current crowdfunding campaign has a minimum raise of $25,000 and a maximum raise of $689,334. The proceeds will be used to improve its smart data science technology, expand the team, and expand the product offering. HelloWoofy already has over 4,000 customers and generated sales of $135,000 in six months with a 75% average gross margin.
Swap Your Time, with a $3 million valuation cap, is raising funds on Wefunder. It is a freelancing app that allows users to give and get services. The freelancing gig platform allows freelancers to work either in exchange for other services or get paid for the task. The app has become more relevant during the shutdown due to COVID-19, with more demand for remote work. Swap Your Time was founded by Pavel Sakurets in 2016. The proceeds of the current crowdfunding campaign, with a minimum goal of $75,000 and a maximum goal of $250,000, will be used for continuous app improvements, software development, marketing, hiring, and content monitoring. Swap Your Time has over 25,000 users that are growing exponentially. Thousands of gigs have been posted on the app, and many are added daily.
Valhalla Esports Lounge, with a valuation cap of $8 million, is raising funds on Wefunder. It is the world’s first fan-owned esports bar, founded by experts in esports and hospitality. It creates a refined esports bar experience with high-quality food, drinks, gaming consoles, 12 pc gaming arenas, and over 20 televisions. Valhalla Esports Lounge was founded by Hans Goss and has raised more than $1.2 million since its inception. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $250,000. The funds will be used for rent, payroll, and maintenance. Valhalla Esports Lounge does esports tournaments in the day and transitions to high volume drink service at night.
Sigma Auto Capital, a used car dealer in Oakland, Florida, is raising crowdfunding on Buy The Block. Sigma Auto Capital is a licensed car dealer and full-service auto body repair center. It uses the latest tools and techniques for car repairs and sells good quality used cars for thousands of dollars below the market value. The company buys old cars at auctions, repairs damages, and resells the vehicles to car dealers across the country. Sigma Auto Capital was founded by Andre Christopher Barnes in March 2020. The current round of crowdfunding of the company has a minimum target of $1,000 and a maximum target of $1,070,000. The funds will be used to increase the market share, the effectiveness of marketing and the efficiency of sales, and to expand into new markets. Sigma Auto Capital provides a high demand quality product and is managed by experienced and professional staff.
Darbly Entertainment, a developer and operator of entertainment venues, is raising funds on Buy The Block. The company is technology-driven and manages highly immersive entertainment venues using a scalable and cost-effective operating model. Darbly Entertainment was founded by Lee Cerda in 2017. The proceeds of the current crowdfunding campaign, with a minimum goal of $1,000 and a maximum goal of $240,000, will be used to grow the platform and launch the proof of concept project in Houston, Texas. Darbly Entertainment plans to launch a 5,000 square feet highly immersive entertainment venue. The venue will be purpose-built and have a capacity of 400-500, with a full-service bar.
AllTheBelts, with a $2.5 million post-money valuation, is raising funds on NetCapital. The company develops all-in-one apps for combat sports. The apps contain news, videos, podcasts, rumors, and live events related to combat sports, all in one app. AllTheBelts has started with AllTheBelts- Boxing News that provides boxing fans with videos, news, and podcasts, along with an integrated fight schedule. AllTheBelts was founded by Timothy Childs in 2019. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $250,000. The funds will be used for marketing, product development, and verticals expansion. AllTheBelts currently has 55,000 installs and plans to make money through advertising.
