Below are the latest equity crowdfunding raises begun this past week. For additional information, we encourage KingsCrowd Members 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.
Juked, with a valuation of $12 million, is raising funds on Wefunder. The platform provides an excellent way to follow esports by presenting streams, scores, and news in one place. It also allows fans to discover and watch their favorite sports and engage with like-minded people. Juked has partnered with Tier 1 esports organizations, including Riot Games and DreamHack. The platform grew its user base to 15,000 users in the first five months of its launch. Ben Goldhaber, Chris Chan, and Delan Tai founded Juked in April 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $535,000. The campaign proceeds will be used for salaries, operations, and software development.
Pencilish Animation Studios, with a valuation of $18.3 million, is raising funds on StartEngine. It is an animation studio created by top alumni of Disney, Sony Pictures, and Warner Bros. The studio aims to produce high-quality films, television, intellectual property, and animation that will be distributed through licensing, merchandise, and other revenue streams. Pencilish Animation Studios is led by a passionate team with years of experience in filmmaking and animation and has released the first episodes of two new original series, “Bjorn the Last Unicorn” and “Mind over Murphy.” Tom Bancroft founded Pencilish Animation Studios in October 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2,806,795.44. The campaign proceeds will be used to launch new series.
Felix Gray, with a valuation of $12 million, is raising funds on Wefunder. The company is working on digital wellness with its blue light glasses. The glasses of Felix Gray are built using a proprietary filtering solution that removes 90% of high-energy blue light. The lenses are clear and effective, with 100% UVA/UVB protection and an anti-glare coating. Felix Gray has more than 400,000 customers. David Roger founded Felix Gray in September 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing and omnichannel expansion.
HotelierCo, with a valuation of $3.15 million, is raising funds on Wefunder. It is the first crowdsourced hotel fund management company. It finds hotel deals and uses equity crowdfunding to invest in tourism locations. The company receives fees for fund management and asset management. HotelierCo will soon launch a new hotel brand and will allow investors to become a part of the hospitality revolution. Nathan Kivi founded HotelierCo in September 2020. The current crowdfunding campaign has a minimum target of $90,000 and a maximum target of $1,500,000. The campaign proceeds will be used for technology and platform costs, direct investments in hospitality real estate, digital marketing, and social media advertising.
WingTips, with a valuation of $25 million, is raising funds on Wefunder. The company provides on-demand air services for short distances using technology to drive crowd scheduling. WingTips’ passengers can travel 4x faster than driving or other airlines at affordable pricing. The passengers are aggregated with other passengers for flights to create a low-cost model. WingTips is led by an experienced team and reported a 10x increment in year-to-date 2022 revenue compared to all of 2021 revenue. Mike Azzarello founded WingTips in January 2008. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $535,000. The campaign proceeds will be used for marketing, salaries, app development, rent, infrastructure, and consulting fees.
Baby Vend, with a valuation of $2.16 million, is raising funds on Wefunder. The company has established vending machines to make baby supplies available on the go. The vending machines of Baby Vend will provide customized baby products to traveling families and will lead to economic opportunities for people who want to run vending machines. Baby Vend is located in four travel industry locations and has a strong web presence. Jasmin Smith founded Baby Vend in March 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for new product packaging, warehouse and logistics expansion, hiring, and setting up four new machines.
The Weight Film is raising funds on Wefunder. The company is making an art film based on the complicated sport of weightlifting. The sports film will be told from a modern perspective and will explore doping, unrequited love, and the dangers of unchecked ambition. The cast of The Weight Film includes Zack Telander, Katia Winter, Bill Sage, and Quinton Aaron. The Weight Film is produced by Joshua Bunting and Carl Lucas and directed, written, and produced by Adam Scheiner. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for production, cast, post-production, and insurance.
PherDal Fertility Science, with a valuation of $14 million, is raising funds on StartEngine. The company has developed a patent-pending, sterile, and at-home insemination kit. The kit provides access to safe and affordable fertility options at home backed by science. PherDal Fertility Science makes the fertility journey less invasive and provides support for single parents, the LGBTQAI+ community, and people struggling with infertility. Dr. Jennifer Hintzsche founded PherDal Fertility Science in October 2016. The current crowdfunding campaign has a minimum target of $9,9998.89 and a maximum target of $1,069,999.04. The campaign proceeds will be used for FDA clearance and market disruption.
Aqua Equity Water, with a valuation of $20 million, is raising funds on StartEngine. It is a bottled water brand that uses 100% recyclable aluminum bottles for its water. The business offers both mountain spring water and mineral-rich electrolyte-enhanced water in its sustainable bottles. Ryan Morgan, Brandon Espy, Krystal Jackson, J.T. Rogan, and Brandon Salaam-Bailey founded Aqua Equity Water in May 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for growth and expansion.
Really Good Boxed Wine, with a valuation of $6.7 million, is raising funds on SeedInvest. The company makes high-end wine and packages it in boxes that cost less and keep the wine fresh even after opening. The boxed wine of Really Good Boxed Wine costs 10x less and keeps wine fresh up to six weeks after opening. Really Good Boxed Wine launched nationally in January 2022 and has generated lifetime revenue of $159,000. Jake Whitman founded Really Good Boxed Wine in April 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for salaries, media and marketing, tech stack, wine purchases, and operating expenses.
SwitchBin, with a valuation of $25 million, is raising funds on StartEngine. The company has developed an automated solution for trading in and buying new devices. The interactive kiosk of SwitchBin will help users to trade in and upgrade their phones conveniently, securely, and quickly. The technology of SwitchBin can also be upgraded and applied to all connected devices, laptops, set-top boxes, and other electronics. George Abdelmalak and Robert Kilinski founded SwitchBin in May 2020. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $1,069,997.76. The campaign proceeds will be used for trial deployment.
FlexTal, with a valuation of $6 million, is raising funds on SeedInvest through a Regulation D 506(c) raise. The company has developed a platform that uses advanced technology to help companies access permanent and contract-based talent. The job matching platform enables companies to hire hand-matched and high-quality talent for their freelance, contract, and permanent staffing needs. FlexTal reported 100% year-over-year revenue growth from 2020 to 2021 and has more than 200 customers and 1,000 professional talent applications. Danny Beckett Jr. founded FlexTal in January 2018. The current crowdfunding campaign has a maximum target of $2,500,000. The campaign proceeds will be used for growth and expansion.
Color+Light, with a valuation of $5 million, is raising funds on StartEngine. The company creates immersive indoor experiences using cutting-edge LED art and technology and implements volumetric algorithmic animations. Color+Light will work on both a hardware business model and a software business model wherein other lighting manufacturers can license the software. Aaron Oppenheimer and Jacob Lampack founded Color+Light in March 2020. The current crowdfunding campaign has a minimum target of $9,995.56 and a maximum target of $999,997.48. The campaign proceeds will be used to expand the Fluora product line and expand its reach.
Playwatch, with a valuation of $15 million, is raising funds on Wefunder. It is a children’s streaming media platform with a variety of content. The content on Playwatch will include animations, children’s live-action shows, educational videos, a digital library, and a virtual arcade. The platform has been developed over a period of two years with 1,500 hours of content and direct consumer testing with more than 500 families. Tim White and Jimmy Jenkins founded Playwatch in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for platform and tech development, premium content creation, operational capital, and marketing.
BuzzCast, with a valuation of $18 million, is raising funds on Republic. The company has developed a premium platform for producers with enterprise businesses in mind. The platform is built on AWS Serverless technology and has prioritized stability and scale. BuzzCast is able to deliver broadcast-quality streaming and has customization capabilities. The company has generated $1.65 million in revenue since its launch and has an established client base, including Uber, Carnival, and Shiseido. Ryan Byrne, Luke Peterson, and Matthias Thoemmes founded BuzzCast in December 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for innovation, growth, and expansion.
Aurora Market is raising funds on SMBX. It is a small business that provides access to healthy food options, daily essentials, organic baked goods, specialty coffee, and a delicatessen. The market also serves as a venue to commune and build relationships. Aurora Market has partnered with Fresh Baguette and Lyon Bakery for freshly baked goods; UNIDO, Harare Coffee, and Roastery for coffee; and Boar’s Head for premium meat and cheese. Pablo Ortiz Jr. founded Aurora Market in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for staffing, equipment, and working capital.
IceGiant, with a valuation of $20 million, is raising funds on StartEngine. The company has developed patented technology to cool even the most powerful computer chips. IceGiant’s technology is reliable and effective and has a gravity-driven system for ultra longevity and safety. IceGiant has established a presence in retail channels and signed its first distribution agreement. Oscar Martinez founded IceGiant in September 2013. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $1,069,998.15. The campaign proceeds will be used for innovation, growth, and expansion.
Plans, with a valuation of $10 million, is raising funds on Wefunder. The company has created an app for business event marketing and engagement. It is an intelligent audience network that helps businesses reduce costs, time, and the number of tools required to run a successful event. Plans has already been used by more than 2,500 users and 20 businesses to create 550 events, with a 20% month-over-month user growth rate. Adnan Kharuf and Muhamed Causevic founded Plans in March 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, research and development, hiring, and working capital.
Securlinx, with a valuation of $13 million, is raising funds on StartEngine. The company is working on biometric identity verification and management. The company has developed a BioTOKEN that uses people’s faces and driver’s licenses to create an encrypted token that can be used to verify their identity. BioTOKEN is owned by the user, compiles all the information, and builds a trail of where the information has been used. Barry Hodge founded Securlinx in February 2004. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,999.75. The campaign proceeds will be used for growth and expansion.
YellowPay, with a valuation of $8 million, is raising funds on Wefunder. The company provides fast and flexible payment solutions for small and medium-sized construction businesses. YellowPay empowers these businesses to access working capital through online payments, with 120 days repayment terms. YellowPay has already signed credit agreements of $150 million for the next 12 months, with credit agreements projected to grow to $1 billion by 2026. Rune Skog founded YellowPay in January 2022. The current crowdfunding campaign has a minimum target of $400,000 and a maximum target of $1,070,000. The campaign proceeds will be used for salaries and credit to partners.
Creative Homies is raising funds on Small Change. It is a creative hub built for BIPOC creatives in Portland, Oregon. The space serves as a studio, jazz bar, art gallery, and equipment rental place for creative people. The building is located in Old Town, the busy historic district of Portland, and will be managed by Cyrus Coleman and Adewale Agboola. Adewale Agboola founded Creative Homies in December 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $750,000. The campaign proceeds will be used to complete the renovation and tenant fit-out for the planned use.
Pray For Me, with a valuation of $100,000, is raising funds on Title3Funds. It is an independently produced psychological faith thriller. The film falls in both horror and faith-based genres and has been made on a low budget. Pray For Me is already filmed and ready to hit theatres and streaming services. Pray For Me is produced by G. Scott Paterson and written and directed by Damian Lee. Damian Lee founded Pray For Me in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for marketing and post-production expenses.
Style Bar is raising funds on SMBX. It is a high-end grooming and beauty destination located in the Dupont Circle neighborhood of Washington, DC. The salon is open for both ladies and gentlemen and specializes in contemporary and classic styling. Style Bar offers coloring, styling, haircuts, barbering, and beard trims. The business has projected its sales to triple this year and plans to expand its team of hair architects. Cornelius Payne founded Style Bar in November 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, hiring, and other expenses.
CounterspaceBR is raising funds on Honeycomb. It is a small-batch, from-scratch bakery in Baton Rouge, Louisiana. The bakery makes fresh cakes, cookies, brownies, other sweets, and fresh bread daily. CounterspaceBR is known for its salted chocolate chip cookie (which accounts for one-third of its revenue) as well as king cakes. The business has also started selling everyday kitchenware to its customers, including bakeware, utensils, and cookbooks. Sarah Joy Hays founded CounterspaceBR in January 2017. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $100,000. The campaign proceeds will be used for oven installation, inventory, debt refinancing, and contractor balance.
Brybe, with a valuation of $7 million, is raising funds on Netcapital. The company has developed an online marketplace for individuals to trade digital creative services. The innovative and transparent platform connects individuals or businesses to digital creators for the promotion of their brands and products. The digital creators also get to engage authentically, create profitable advertising campaigns for the clients, and earn money from anywhere. Igor Fedenkoff, Vladlen Orlov, Kirill Smolskiy, and Sergei Shevtcov founded Brybe in July 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for advertising and promotions, hiring, mobile app development, and management compensation.
Wave Motion Launch is raising funds on Spaced Ventures. The company has developed an affordable, safe, and fast method to get payloads to orbital speeds without the need for onboard propellants. The patented launcher of Wave Motion Launch, Jet-Gun, uses a hypervelocity stream of propellant to thrust vehicles at a supersonic speed. Wave Motion Launch has a $1.35 million OTA contract with the US Navy and received the NSF I-Corps award for customer discovery in 2020. Finn Van Donkelaar founded Wave Motion Launch in January 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,070,000. The campaign proceeds will be used for materials and equipment, personnel, rent and facilities, overhead cost, test and consumables, and operating costs.
VenuePilot, with a valuation of $6 million, is raising funds on StartEngine. The company has developed a platform for empowering independent music venues with personalized event management. The platform is built by venue operators for venue operators and leads to low-cost ticketing and efficient event management. VenuePilot streamlines operations, automates repetitive tasks, catalyzes collaboration, and empowers venues. Justin Kantor founded VenuePilot in June 2022. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $750,000. The campaign proceeds will be used for development, sales and publicity, support and educational tools, and operational expenses.
Resilience-Building Leader Program
Resilience-Building Leader Program, with a valuation of $9.51 million, is raising funds on StartEngine. The business offers a three-tier leadership certification program to organizations of any size and in any industry. The leadership program of Resilience-Building Leader Program is a holistic and scalable solution and certifies that managers and senior leaders can demonstrate competency in tasks applicable to building resilient teams. Resilience-Building Leader Program has generated more than $3 million in lifetime revenues and is partnering with universities, training companies, and career schools. Dr. Gene Coughlin founded Resilience-Building Leader Program in August 2019. The current crowdfunding campaign has a minimum target of $9,998.56 and a maximum target of $1,069,999.84. The campaign proceeds will be used for marketing and partnering with colleges, universities, and training companies.
BeAKid, with a valuation of $8.5 million, is raising funds on Wefunder. The company has developed a platform that gives parents access to programs for kids. It is the OpenTable of kids activities and helps parents to find, book, and manage all activities in one place. BeAKid also gives service providers a platform to manage their registrations, payments, forms, communication, and media. Daniel Barenboym and Dmitriy Akinshin founded BeAKid in March 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $350,000. The campaign proceeds will be used for marketing and sales, staffing, R&D, and operational expenses.
Tribevest, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a platform to democratize group investing. The platform helps to collaborate, formalize, pool capital, and manage investor partnerships. Tribevest has more than 15,000 investors who have deployed more than $30 million in capital. Travis Smith and Zach Bowers founded Tribevest in August 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for product development, hiring, and operations.
Loza Tam, with a valuation of $3 million, is raising funds on Wefunder. The company makes ultra luxurious hair wraps that help fight frizz and bad hair days. Loza Tam’s hair wraps come in a pre-tied design with satin interior lining and work for all hair textures, including coily, curly, wavy, and straight. Loza Tam has sold more than 16,000 units with 59% year-over-year revenue growth from 2019 to 2020. Tomara Watkins founded Loza Tam in February 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for inventory, team expansion, and marketing.
Crownhunt, with a valuation of $5 million, is raising funds on Wefunder. The company has developed a one-stop platform that offers products and services for people with textured hair. The platform is transforming textured hair experience by providing the relevant education, products, services, and tools most suitable for all types of textured hair. Crownhunt has partnered with educators and has 2,300 hair entrepreneurs on board. Stephanie LaFlora and Ryan Holdeman founded Crownhunt in September 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for marketing, content development, and product development.
Airthium, with a valuation of $55 million, is raising funds on Wefunder. The company has designed a long-duration battery that is cheaper than gas, coal, and nuclear. Airthium’s battery can store 100x more energy at the same cost as it is powered by sun and wind. Airthium is now building a heat engine that can dramatically cut carbon dioxide emissions and pollution. Andrei Klochko and Franck Lahaye founded Airthium in 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for payroll, contractors, equipment, lab and office space, and administrative expenses.
Rose Sisters Chips, with a valuation of $5 million, is raising funds on Republic. The company makes gourmet seasoned tortilla chips using a fourth-generation family recipe. Rose Sisters Chips come in both family size and snack size bags and can be perfectly paired with dips, soups, spreads, cheeses, and salads. The business distributes its product to more than 1,500 stores in the US and Canada. Ann S. Marcus founded Rose Sisters Chips in March 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for new product launches, geographic expansion, channel expansion, and inventory.
Drs Diet is raising funds independently through Regulation A crowdfunding. The company has developed an app that helps users keep a written food diary and manage what they eat and drink. The documentation of calorie intake helps in reducing the food intake. Additionally, the analysis of patients’ food diaries also enables healthcare providers to make modest changes in food intake that can lead to significant weight loss. Dr. Baldev Sandhu founded Drs Diet in January 2022. The current crowdfunding campaign has a maximum target of $5,000,000. The campaign proceeds will be used for the inventory of liquid meal replacement drinks, improvement of the app, hiring, marketing, and working capital.
Crush Capital is raising funds through Regulation A crowdfunding with Dalmore Group as the Broker-Dealer. The company has developed an innovative way to enable companies to raise funds. Crush Capital has created a groundbreaking series, Going Public, that showcases the stories of various founders on their capital-raising journey. The show’s global viewers have an option to click and invest while they watch the series. Darren Marble and Todd Goldberg founded Crush Capital in 2020. The current crowdfunding campaign has a maximum target of $11,000,000. The campaign proceeds will be used for production, promotion and marketing, licensed technology, capital markets infrastructure, talent, and operations.
