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.
WRAD One, with a valuation cap of $6.5 million, is raising funds on NextSeed. The company is developing The Vigilant Response System to detect gunshots accurately, highlight the location, and reduce response times. The system will help save lives by immediately informing law enforcement authorities of gunshots, allowing them to react fast. Phil Kramer, Mike Mann, and Kevin Wilder founded WRAD One in October 2020. The current round of crowdfunding has a minimum target of $500,000 and a maximum target of $1,000,000. The proceeds will be used towards inventory purchase, sales and marketing, R&D, manufacturing, and working capital. WRAD One is expected to work on two revenue streams, one from the hardware and the other as a recurring subscription.
Wes and Gagan’s Startup, with a valuation cap of $30 million, is raising crowdfunding on Republic. It is an upcoming online learning platform offering cohort-based courses. The learners will be able to take courses along with their peers, enabling them to create exciting educational programming. Wes Kao and Gagan Biyani founded Wes and Gagan’s Startup in October 2020 and have raised over $4 million since the inception. The proceeds of the current crowdfunding campaign, with a minimum raise of $25,000 and a maximum raise of $1,070,000, will be used towards first hires. Wes and Gagan’s Startup is led by an experienced team and is building the platform for anyone interested in learning.
Pit Liquor, with a valuation cap of $5.8 million, is raising funds on Wefunder. The company makes deodorant from whiskey and vodka. The natural deodorants of Pit Liquor do not cause rashes, reactions, or pain, and help to fight the stink with their revolutionary formulas. Erica L Feucht and Jason Feucht founded Pit Liquor and have raised over $720,000 since the inception. The current crowdfunding round has a minimum goal of $75,000 and a maximum goal of $750,000. The funds will be used for the purchase of inventory, manufacturing equipment, patents, marketing, and new employees. Pit Liquor has partnered with wholesalers, including Nordstrom, Faire, and more, and reported a three-times year-over-year revenue growth since 2017.
My Divorce Party- The Movie, a comedy feature film, is raising crowdfunding on Wefunder. The film will be about lifelong female friends helping their best friend through a divorce. My Divorce Party- The Movie is directed and written by Heidi Weitzer and produced by Adrienne Childress and Geenah Krisht, with Desiree Staples as the lead actress. The film is expected to be shot in the spring of 2021 and make its film festival premiere debut in 2022. The proceeds of the current crowdfunding campaign, with a minimum raise of $150,000 and a maximum raise of $290,000, will be used towards cast, crew, equipment, locations, production and costume design, catering, and post-production expenses. My Divorce Party- The Movie is led by an experienced all-women identifying team.
Psychics1on1, with a pre-money valuation of $4.5 million, is raising crowdfunding on StartEngine. The company is building a technology-driven platform for psychics to grow their businesses and for the customers to find and engage with psychics. Robert Earl founded Psychics1on1 in June 2020. The proceeds of the current crowdfunding round, with a minimum goal of $9,999 and a maximum goal of $499,995, will be used for marketing and expansion. Psychics1on1 has already created a digital platform and developed business tools. The company is focused on revolutionizing the stagnant industry of psychics and returning the power to individual professionals. The customers will be able to engage with top-rated online psychics simply and transparently.
WiGL, with a pre-money valuation of $56.1 million, is raising funds on StartEngine. It is a wireless power company bringing new technologies that was developed for the Department of Defense to the public. People will be able to ditch cords and wires and use WiGL’s network to power their devices. Dr. Ahmad Glover founded WiGL in February 2020. The current round of crowdfunding has a minimum raise of $9,999.91 and a maximum raise of $1,069,999.81, and the funds will be used for growth and expansion. WiGL works on a fully patented technology and is led by a team of strong founders with experience in the Air Force, MIT, and BAE Systems.
Old Majestic Brewing Co, a brewery in Mobile, AL, is raising funds on MainVest. The brewery offers a beer-drinking experience with its brews crafted with select hops. Some of the delicious craft beers of Old Majestic Brewing Co include Majestic Blonde, Four Fathers’ Stout, and Reflections IPA. John Minton and Chad Marchand founded Old Majestic Brewing Co in 2016. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $150,000, will be used to ramp up distribution and purchase equipment for canning. Old Majestic Brewing Co aims to provide a noble presence to its beers and offer the customers the best-quality handcrafted beer.
Gentile Brewing Company, a brewery in Beverly, MA, is raising crowdfunding on MainVest. The nano-craft brewery provides fresh craft beer made with top quality ingredients. The beer is made with traditional English-style ingredients and brewing methods. Paul Gentile and Christen Gentile founded Gentile Brewing Company in 2015. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $75,000. The proceeds will be used to improve the brewery function and taproom experience, purchase new equipment, and upgrade mechanical equipment. Gentile Brewing Company offers four year-round beers and releases small batches of innovative beers to try out new ideas.
Perlage Sparkling Wine Club, an upcoming wine club in Boston, MA, is raising crowdfunding on MainVest. The wine house will bring a unique culinary experience to the members through its subscription packages, The Bubbles, The Book, The Content, and The Value. The members will get bottles of sparkling wine, cookbooks, exclusive video content, and tutorials as part of their membership packages. Matthew Demma founded Perlage Sparkling Wine Club in June 2020. The proceeds of the current crowdfunding campaign, with a minimum goal of $15,000 and a maximum goal of $30,000, will be used for licensing and fulfillment set-up and marketing. Perlage Sparkling Wine Club plans to pair the sparkling wine experience with private in-home wine tastings, cocktail classes, private event consulting, and much more.
Bonsai Village, a tiny houses development company, is raising funds on Buy The Block. The company is providing affordable housing for the next generation with its intelligently designed and eco-friendly communities for mobile tiny houses. The company plans to educate policymakers regarding normalizing tiny houses for full-time residential use, develop tiny house-friendly communities, and develop a turnkey solution. Joseph Callatine founded Bonsai Village in July 2020. The current round of crowdfunding has a minimum target of $1,000 and a maximum target of $107,000. The proceeds will be used towards the purchase price, operational costs, and hardware and software costs. Bonsai Village will be the first tiny house community on Colorado’s First Range and will target target millennials, retirees, and minimalists.
Terra Biotics, with a pre-money valuation of $8.09 million, is raising funds on StartEngine. The company has developed a soil regeneration and organic fertilization system that helps farmers grow healthier crops with better yields. The products of Terra Biotics work with plants’ natural processes and create an underground soil food web that enables plants to reach their highest heights. Jared Elliott founded Terra Biotics in 2019. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $250,000, will be used to take its growth to the next level with new products. Terra Biotics is led by an experienced team and generated $104,800 in revenue in 2019.
Hundy, with a valuation cap of $5.75 million, is raising funds on StartEngine. The company helps America’s middle-class people to take small amounts of peer-to-peer loans through its mobile app. Hundy allows people to bypass the time-consuming bank channel and use their creditworthiness to avail of small loans. The application rewards both borrowers and lenders through a points system. Hundy was founded by Pete Budlong and Ram Hegde in 2016 and has raised more than $1 million since its inception. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $396,725, and the funds will be used to expand the geographical reach. Hundy has had over 10,000 loans originated from its platform with a total loan volume of $1.1 million. The services are available in nine states currently, with expected expansion to 18 states by 2021.
NuEyes, with a $25 million pre-money valuation, is raising crowdfunding on StartEngine. It is a technology company that uses its patented smart glass solutions technology to enhance vision. The company makes augmented and virtual reality smart glasses and supports the lives of people with impaired vision. Mark Greget founded NuEyes in 2016 and has raised over $1.8 million since the inception. The proceeds of the current crowdfunding campaign, with a minimum goal of $9,976 and a maximum goal of $1,069,926, will be used to grow into new verticals. NuEyes has secured $3.6 million in lifetime revenues and has partnered with over 20 approved pilot studies with Fortune 500 companies.
Village Juice, with a $10 million valuation cap, is raising funds on Republic. The company is focused on licensing clean, nutritious, and quickly accessible food options to college campuses. The business is based on high-quality, delicious products made from fresh ingredients that will be offered as in-store, carry out, grab-and-go, and curbside pickup options. Nathan Atkinson, Lonnie Atkinson, and Clyde Harris founded Village Juice in 2014 and have raised over $1.2 million in previous rounds of financing. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $250,000, and the proceeds will be used for growth and expansion. Village Juice works on one of the few restaurant models positioned to grow post-COVID. The company has reported consistent growth in revenue from $600,000 in 2016 to $2.4 million in 2019.
Gaia Therapeat, a healthy organic fast food and juice bar, is raising funds on Wefunder. The menu focuses on benefits for the body and environment friendliness. The aim of Gaia Therapeat is for society to rediscover eating well to live well and not just eating for pleasure. Albert Calamari founded Gaia Therapeat in 2016 and has raised over $570,000 since the inception. The proceeds of the current crowdfunding campaign, with a minimum raise of $150,000 and a maximum raise of $250,000, will be used for marketing and opening new points of sale in premium locations. Gaia Therapeat serves humanitarian and ecological goals and has generated more than $200,000 in revenue since 2018.
Mealthy, with a valuation cap of $40 million, is raising crowdfunding on Wefunder. It is a kitchen appliance and consumer goods company that designs and manufactures high-quality kitchen products that come at great prices, with easy recipes and videos. The flagship products of Mealthy include the Mealthy MultiPot and HandBlend. Casey Musick founded Mealthy in 2017. The current round of crowdfunding has a minimum target of $150,000 and a maximum target of $1,070,000. The funds will be used towards product inventory, marketing, talent acquisition, and new product launch. Mealthy has generated over $19.9 million in revenues in the first three years and plans to launch many new products in 2021.
RealtyFeed, with a valuation cap of $20 million, is raising funds on Republic. The company has developed a real estate social network for the next generation. The app combines the real estate market and communication into one platform and empowers real estate professionals. Ali Attar and Giselle Abadi founded RealtyFeed in 2011. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000. The funds will be used to develop the phase two features and launch the app in the US and Canadian real estate markets. RealtyFeed has been profitable for three years and has generated $6.5 million in revenue to date. The company has partnerships with over 200 real estate associations with more than 1.6 million members.
Katie’s Kitchen, an organic restaurant in Winthrop, MA, is raising crowdfunding on MainVest. The restaurant started as a healthy alternative meal preparer and caterer. It now plans to expand to a brick and mortar location for healthy and wholesome takeout options. Katlyn Rodriguez founded Katie’s Kitchen in 2020. The proceeds of the current crowdfunding campaign, with a minimum raise of $20,000 and a maximum raise of $40,000, will be used towards equipment, renovation, working capital, and new signage. Katie’s Kitchen offers unique ways to add vegetables and remove carbohydrates from food for counting WW points or keto and paleo macros.
Ontacad, with a post-money valuation of $2.59 million, is raising funds on NetCapital. The Software-as-a-Service product of the company converts scientific and medical equipment user guides to video tutorials. The patent-pending technology helps the equipment providers in saving time, reducing customer acquisition costs, and boosting revenues. Medhat Ahmed and Hanady Elgamal founded Ontacad in June 2020. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $100,003, and the funds will be used towards sales and marketing, and general and administrative expenses. Ontacad already has over 150 clients and five established strategic partnerships. The company plans to grow further and become a valuable healthcare technology startup.
ReelwUrld, with a post-money valuation of $11.77 million, is raising crowdfunding on NetCapital. It is a social film studio making movies with the world. The patent-pending technology is merging social media with movies and shows to create a new form of filmmaking. Jan Lucanus founded ReelwUrld in 2017. The proceeds of the current crowdfunding campaign, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used for technology development, marketing, patent filings, compensation, convertible note repayment, and legal and accounting expenses. ReelwUrld works on a crowdsourced cinematic universe model and allows people to create their own characters and stories.
Humphry Slocombe, an ice cream manufacturing company in San Francisco, CA, is raising funds on SMBX. The company sells its unique and delicious ice creams through four locations in the Bay Area and retail stores, including Whole Foods and Safeway. Jake Godby and Sean Vahey founded Humphry Slocombe in 2008. The current round of crowdfunding has a minimum raise of $250,000 and a maximum raise of $350,000, and the proceeds will be used to refinance existing debt and open a new location in 2021. Humphry Slocombe is known for its unique and unusual flavors of ice creams and has over 300,000 followers on social media. The company has won several awards and features in the national press.
The Original Hot Dog Factory, with a pre-money valuation of $8.78 million, is raising funds on StartEngine. The company has a chain of quick-service restaurants offering regional hot dogs. The Original Hot Dog Factory currently has 12 active locations and is looking to expand through franchising. Dennis McKinley founded The Original Hot Dog Factory in 2016. The proceeds of the current crowdfunding campaign, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used for expansion across the US and Canada. The Original Hot Dog Factory generated over $500,000 in revenue in 2020 across two flagship locations and has over 40 franchise locations in development.
Saebo, with a pre-money valuation of $11 million, is raising crowdfunding on StartEngine. The company manufactures rehabilitation products for stroke survivors. The mobility solutions help patients overcome paralysis, maximize neurological recovery, and regain quality of life. Henry Hoffman founded Saebo in 2004. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,069,999. The funds will be used to expand into adjacent markets, including orthotic rehabilitation, diabetic neuropathy, and non-opioid pain management. Saebo has a proven track record with 17 patents, a network across six continents and 40 countries, and $44 million in revenue to date.
Southern Hideout Food Truck, an upcoming food truck in San Antonio, Texas, is raising funds on MainVest. The food truck aims to bring authentic Creole and Cajun food to the Alamo City with offerings including jambalaya, gumbo, catfish, red beans and rice, cajun fettuccine, and chicken strips. Nathaniel Chrisley and Ashley Chrisley founded Southern Hideout Food Truck in August 2020. The proceeds of the current crowdfunding round, with a minimum target of $20,000 and a maximum target of $50,000, will be used to purchase the food trailer and complete the buildout. Southern Hideout Food Truck will offer an open-air dining experience with low overhead costs.
GenoBank, with a valuation cap of $21 million, is raising funds on Wefunder. The company has created a DNA testing kit and platform that preserve the privacy of the consumers. The DNA test kit of GenoBank leverages blockchain technology to control DNA and biosamples. Daniel Uribe founded GenoBank in May 2018 and has raised over $720,000 since the inception. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $596,291. The proceeds will be used for research and development, marketing, business development, and storage and sequencing lab services. GenoBank has over 2,000 users and four enterprise customers. It has three pending patents filed in the US.
Patientory, with no valuation cap, is raising funds on Wefunder. The company has developed software to centralize all medical data, making it easier to manage, share, and track healthcare. The data across different providers and medical facilities are aggregated, and the complete medical history can be shared with doctors. Chrissa McFarlane founded Patientory in 2015 and has raised over $100,000 since its inception. The proceeds of the current crowdfunding campaign, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used for product development, marketing, new hires, and operational cost. Patientory products work on high levels of security, transparency, and HIPPA compliance and are compatible with most EHR systems.
MedCoShare, with a $5 million valuation cap, is raising crowdfunding on Wefunder. The company provides flexible shared working spaces for healthcare providers and doctors. The coworking spaces are available on a short-term or part-time basis, are affordable, and come with all basic utilities and support. Ronak Vyas founded MedCoShare in 2019. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $975,000. The proceeds will be used towards growth, marketing, payroll, tech development, and costs associated with opening new locations. MedCoShare has six clients and increasing demand due to healthcare trends. The company has been featured in five local and national business publications.
