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.
Rayton, with a valuation of $57.7 million, is raising funds on StartEngine. The company intends to use its patented particle accelerator-based technology to make engineered wafers. The wafers will be used in next-generation electronics, expediting the growth of solar cells, cellular technology, automotive electronics, and 5G infrastructure. Rayton’s technology will reduce the price point and increase the efficiency of semiconductor wafers. Andrew Yakub founded Rayton in 2013. The current crowdfunding campaign has a minimum target of $9,999.85 and a maximum target of $3 million. The campaign proceeds will be used for operations, marketing, rent and utilities, salaries, legal and accounting fees, and contingency.
Eli Electric Vehicles, with a valuation of $57.7 million, is raising funds on StartEngine. The company has designed an advanced, affordable, and efficient electric vehicle (EV) to revolutionize urban trips. The company’s Eli ZERO is a micro-EV that’s half the size of a conventional car. The first model is fully approved for sale, and more than 100 units have been built and shipped to Italy, Germany, Austria, and the Netherlands. Marcus Li founded Eli Electric Vehicles in 2018. The current crowdfunding campaign has a minimum target of $9,996.80 and a maximum target of $3.2 million. The campaign proceeds will be used for marketing, research and development, hiring, operations, working capital, inventory, and more.
Beast Brands is raising funds on Dealmaker Securities. The company manufactures premium grooming products for men that are planet-, animal-, and skin-friendly. Beast Brands does business under the brand name Tame the Beast. The business has more than 50,000 customers and generated $2.5 million in 2021 revenue. John Cascarano founded Beast Brands in April 2019. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $1.1 million. The campaign proceeds will be used for marketing, debts, product development, salaries, and more.
BrainScanology, with a valuation of $20 million, is raising funds on Wefunder. Using the Linearized Compressed Polar Coordinates Transform method, the company’s technology analyzes brain scans to assess the risk of a patient developing bipolar disorder, ADHD, dementia, and Alzheimer’s disease. BrainScanology’s algorithm works on ultrasound, X-ray, CT, and MRI images. BrainScanology’s algorithm could also work for multiple diseases in various organs. Harini Kumar and Dave Nguyen founded BrainScanology in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.1 million. The campaign proceeds will be used for hiring, one member’s salary, legal and patent fees, and business development.
Extended Longevity, with a valuation of $45 million, is raising funds on Wefunder. The company has developed technology to control internal biological factors and target them to delay aging. Extended Longevity’s technology focuses on decelerating the biomarkers of aging, and the company has developed several products intended to reverse aging, extend life, and optimize health. The products are already in production at the company’s facilities in Maui, Hawaii and currently selling. Steven M. Schorr founded Extended Longevity in October 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for the expansion of the phytotherapeutic extraction, facilities, and inventory; marketing; research and development; and general corporate purposes.
Game Nite is raising funds on Honeycomb. It is a game store in Saint Louis, Missouri offering board games, role-playing games, card games, and tabletop miniature games. Additionally, the shop also hosts tournaments and game nights in its play area and plans to offer beer and wine soon. Walker FitzRoy founded Game Nite in August 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for inventory, a liquor license, equipment, furniture, paying off liabilities, and working capital.
Switch Enterprises, with a valuation of $5 million, is raising funds on Wefunder. The company has developed an audio-based dating app to transcend the swipe culture of modern love by putting real-time conversation first. The app is committed to a future where meaningful interactions and genuine connections are fostered through technology. Corey Staples and Kiana Mincey founded Switch Enterprises in August 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for completing the development for the beta launch, marketing, app maintenance, and miscellaneous expenses.
Homeshake, with a valuation of $12 million, is raising funds on Wefunder. It is a commission-free real estate marketplace for buyers and sellers. The platform enables individuals to buy or sell a home without a real estate agent. Homeshake has reported 2x revenue growth and sales volume growth for three consecutive quarters. Nick Rabin and Jonathan Bennie founded Homeshake in September 2019. The current crowdfunding campaign has a minimum target of $1 million and a maximum target of $2 million. The campaign proceeds will be used for marketing, business operations, and product development.
MARCo Health, with a valuation of $7.7 million, is raising funds on StartEngine. The company is developing its flagship therapeutic robot, MARCo, for mental health assistance. MARCo Health’s aim is to provide personalized care to people struggling with anxiety, depression, stress, and other mental health issues through accessible and adorable mental health companions. MARCo will use artificial intelligence (AI) to have conversations and provide personalized care through companionship, biofeedback, talk support, guided meditation, and high-alert outreach. Jacob Boyle founded MARCo Health in February 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for inventory, hiring, marketing, and operations.
MaxTracker, with a valuation of $8.3 million, is raising funds on StartEngine. The company builds and operates affordable anti-theft GPS protection devices for cars, kids, pets, valuables, and more. MaxTracker is designed to track, locate, and pinpoint the location of personal property. The device comes with a motion detection alarm, rechargeable battery, 5G connection, and GPS live tracking. Steven Maxey founded MaxTracker in July 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used to research and development, inventory, marketing, hiring, working capital, and operations.
ChipBrain, with a valuation of $20.2 million, is raising funds on Netcapital. The company has made an emotionally intelligent digital sales assistant for sales professionals. The assistant provides real-time feedback on clients’ emotional responses to help salespeople communicate better. ChipBrain identifies critical turning points in conversations and predicts the likelihood of success. It has multiple competitive advantages, including personalized feedback, a data-driven approach, and real-time automated coaching for sales representatives. Lisa Vo, Curtis Northcutt, and John Fanning founded ChipBrain in June 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2 million. The campaign proceeds will be used for marketing, engineering and development, and general and administrative expenses.
HUBB Kitchens is raising funds on Vicinity. The company helps underserved entrepreneurs start food businesses through affordable solutions. It provides ghost kitchen services, hosts food truck operators, and offers incubation and startup packages. HUBB Kitchens’ first location was profitable within three months and grew 12% month-over-month from December 2020 to April 2021. The business has collected 700 membership applications and projects five locations by the end of 2022. Jason T. Johnson founded HUBB Kitchens in March 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $467,550. The campaign proceeds will be used for team, equipment purchases, Dulles airport design, and property acquisition.
TENNTS, with a valuation of $11.5 million, is raising funds on StartEngine. The company has developed an all-in-one platform that provides rental automation, property management, and hospitality services to landlords. Additionally, TENNTS also has an integrated vetting process that ensures a better and safer experience for renters. Daniel Detoni and Yariela Carrizo founded TENNTS in August 2018. The current crowdfunding campaign has a minimum target of $9,999.25 and a maximum target of $1.2 million. The campaign proceeds will be used for marketing, research and development, and hiring.
Elemental Computing, with a valuation of $20 million, is raising funds on StartEngine. It has developed a server engine that enables developers to create well-connected Web3 applications. Elemental Computing’s infrastructure allows game and app developers to transition to Web3 seamlessly. The server engine, Elements, supports multiple blockchains and features generative minting tools, distributed databases, smart contracts, custodial wallets, 3D character generation tools, and more. Patrick Twohig, Keith Hudnall, and Samuel Kahn founded Elemental Computing in September 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.1 million. The campaign proceeds will be used for working capital, marketing, and company employment.
Isosceles Pharmaceuticals, with a valuation of $30.8 million, is raising funds on Equifund CFP. It is currently developing an intravenous formulation of synthetic cannabidiol (CBD) as a non-addictive alternative to opium-based painkillers. The CBD formulation will be used for acute post-operative pain experienced by patients in the US, the UK, and Europe. Isosceles Pharmaceuticals is currently in the pre-clinical trials stage. Brett Lanier founded Isosceles Pharmaceuticals in April 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $5 million. The campaign proceeds will be used for legal and accounting fees, marketing and advertising, working capital, lease deposit, and miscellaneous expenses.
Amped Innovation, with a valuation of $35 million, is raising funds on Republic. It is a clean tech company providing a solar energy solution. Amped Innovation’s WOWsolar Hub is a rechargeable lithium battery bank with a built-in inverter to power homes and businesses. The machine is heat-proof, splash-proof, and dust-proof and is designed to be used every day, not just for occasional power outages. Amped Innovation has sold more than 130,000 similar products in Africa and Asia and generated $2.7 million in revenue in 2021. Andi Kleissner and Kurt Kuhlmann founded Amped Innovation in November 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for new product marketing, research and development, hiring, and general working capital.
Gophr App, with a valuation of $40.5 million, is raising funds on StartEngine. It is a delivery technology platform that offers same-day delivery and expedited shipping for local marketplaces. The app allows customers to shop from their favorite local businesses and supports local merchants in offering affordable nationwide delivery solutions. Gophr App has multiple revenue streams and is growing its revenue at an average rate of 38.9% from January to September each year. Warren Vandever founded Gophr App in April 2019. The current crowdfunding campaign has a minimum target of $9,999.90 and a maximum target of $1 million. The campaign proceeds will be used for marketing, research and development, operations, inventory, and hiring.
Dronedek, with a valuation of $330.7 million, is raising funds on StartEngine. The company has created a system for safe and smart drone delivery. The company’s platform is app-driven and used to ship and receive food, parcels, medicines, and beverages. The business will secure packages with a motorized locking door, cushioned platform, and weatherproof insulation. Dronedek has a robust patent and intellectual property portfolio that includes 111 product design and feature claims. Dan O’Toole founded Dronedek in April 2020. The current crowdfunding campaign has a minimum target of $9,998.80 and a maximum target of $5 million. The campaign proceeds will be used for marketing, research and development, hiring, operations, and working capital.
Bad Idea is raising funds on Wefunder. It is an upcoming wine bar in Nashville, Tennessee that will focus on wine exploration and education. It will be a neighborhood restaurant with an eclectic wine selection, a lively gathering space, and a center for wine education. Alexander Burch, the former wine director of Bastion, founded Bad Idea in May 2021. The current crowdfunding campaign has a minimum target of $467,000 and a maximum target of $717,000. The campaign proceeds will be used for kitchen and bar equipment, furniture and fixtures, beverage inventory, point of sale systems, food inventory, and more.
Aura, with a valuation of $55 million, is raising funds on Republic. The company’s app is a mental wellness marketplace that enables mental health coaches and therapists to provide content and coaching resources to a wide audience. Individual users can access personalized mental wellness content, coaching, and community services. Aura has more than 7 million users, more than 100,000 paying subscribers, and $7 million in annual recurring revenue. Steve Lee and Daniel Lee founded Aura in December 2015. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing and product development.
Carnot Compression, with a valuation of $22.2 million, is raising funds on StartEngine. The company has developed a patented, oil-free air compressor. The technology allows for air compression in an isothermal manner, reducing operating costs and improving energy efficiency. Carnot Compression is led by leading experts from all over the world and aims to disrupt the stagnant air compressor market. Todd Thompson and Hans Shillinger founded Carbot Compression in 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3.2 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, working capital, and inventory.
Blinking Owl Distillery, with a valuation of $25 million, is raising funds on Wefunder. The company makes premium quality spirits using 100% organic California grains, which are sold at its restaurant and can be found worldwide. Blinking Owl Distillery offers distillery tours, a menu with fresh and local ingredients, and its spirits, including vodka, gin, aquavit, bourbon whiskey, rye whiskey, and single malt whiskey. The business has won several awards and medals and has been featured in Forbes, Fortune, Bloomberg, and Whiskey Advocate. Brian Christenson, Robin Christenson, and Kirsten Vangsness founded Blinking Owl Distillery in February 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for ramping up spirit production, patio and kitchen weatherproofing, and repaying debts.
Datagran, with a valuation of $14 million, is raising funds on Wefunder. The company uses a patent-pending system to make the development of machine learning systems easy and accessible. The system collects and organizes data, builds machine learning models, and automates workflows without engineering. Datagran has more than 3,000 existing customers and reported 180% year-on-year growth in net revenue. Carlos Mendez founded Datagran in February 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $2 million. The campaign proceeds will be used for operating expenses and salaries.
Tucson Tamale Company, with a valuation of $25 million, is raising funds on Wefunder. It is a premium tamale brand that sells delicious handmade tamales. The tamales are authentic, flavorful, convenient, and made using clean ingredients. Tucson Tamale Company offers a variety of options, including meat-based, vegetarian, vegan, twin packs, single serve, and family packs. The products are available in more than 5,000 locations and averaged more than 30% year-over-year growth in the past three years. Sherry and Todd Martin founded Tucson Tamale Company in June 2008. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.1 million. The campaign proceeds will be used for marketing, research and development, channel development, and manufacturing.
Small Change, with a valuation of $10 million, is raising funds on Wefunder. It is an equity crowdfunding platform for real estate deals. The platform features diverse developers, innovative projects, and an index to measure impact. Small Change has raised more than $10 million for 40 impact real estate projects and reported 435% growth in funds raised from 2020 to 2021. Eve Picker founded Small Change in April 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.1 million. The campaign proceeds will be used for marketing, improving platform technology features, expanding of the core team, and launching a Regulation A offering.
EV Solar Kits, with a valuation of $3 million, is raising funds on MicroVentures. The company makes rooftop and extendable solar panel kits for electric vehicles. The solar panel kits provide charging capacity to the vehicles, increasing driving range and decreasing vehicle operating costs. EV Solar Kits achieved $180,000 in pre-orders without any marketing spending. Steele Wasik and Jonathan Roklen founded EV Solar Kits in August 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used for engineering, prototyping, sourcing, marketing, salaries, legal expenses, and general expenses.
BoricuaJax Cafe is raising funds on Honeycomb. It is a restaurant and cafe in Jacksonville, Florida that serves all cultures, especially Puerto Rican and Jacksonville natives. The menu includes a variety of items for brunch, lunch, and dessert, including Puerto Rican-style shrimp and grits, salmon croquette bowls, sweet honey ham, and funnel cakes. BoricuaJax Cafe aims to grow from a mall staple to a mobile food truck. Ashley Conner and Alexandra Melendez founded BoricuaJax Cafe in January 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used for equipment, a food truck, permits and licenses for the food truck, and a portable air conditioning unit and generator.
StartupWind, with a valuation of $26.1 million, is raising funds on StartEngine. It is an AI-powered innovation and mentoring platform that helps small business owners acquire critical business skills. The platform offers more than 40 video-based courses, business planning tools, self-service accelerator programs, and connections to more than 1,200 mentors. StartupWind reported 25,000 engaged users, 10,000 small business owners, and $250,000 in annual recurring revenue in 2021. Narendra K. Patil and Uday Dhanikonda founded StartupWind in January 2016. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1.2 million. The campaign proceeds will be used for marketing, research and development, and operations.
Juna, with a valuation of $7 million, is raising funds on Republic. The company aims to revolutionize health and well-being through plant-based nutraceuticals. Juna’s products are 100% plant-powered, trustworthy, proprietary, and backed by science. Juna has generated $1.6 million in revenue since its launch, with a 154% year-over-year increase in orders. Jewel Zimmer and Taylor Lamb founded Juna in September 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $618,000. The campaign proceeds will be used for acquisition and marketing, inventory, distribution and partner sales, talent, research and development, and clinical trials.
LIFT Aircraft, with a valuation of $270 million, is raising funds on StartEngine through Regulation A crowdfunding. The company has created a drone that can let anyone fly called HEXA. The HEXA drone includes distributed electric propulsion technology, autonomous flight control systems, and a patented design. LIFT Aircraft is currently in the pre-commercial stage. It has 4,000 prepaid flight reservations and 11,000 people on waitlists to fly HEXA in 25 US cities. Matt Chasen founded LIFT Aircraft in September 2017. The current crowdfunding campaign has a maximum target of $10.4 million. The campaign proceeds will be used for aircraft construction, equipment, paying salaries, advertising expenses, accounting and legal fees, and other expenses.
Dick & Jane’s BarRoom is raising funds on Mainvest. It is a cocktail bar and restaurant located in Brooklyn, New York that provides an elevated dining experience for the Bed-Stuy community. The company’s first location opened in Fort Greene, Brooklyn in 2011, followed by Baby Jane’s Bar in Clinton Hill, Brooklyn in 2016. Now, Dick & Jane’s BarRoom plans to open its third location soon. Benjamin Hill founded Dick & Jane’s BarRoom in May 2021. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $124,000. The campaign proceeds will be used for an outdoor patio, installing awning and an ice machine, planning for a cocktail-to-go program, cocktail consultants, and website consultants.
Strofe, with a valuation of $12 million, is raising funds on Wefunder. The company’s AI-based platform lets people make their own music in just a few clicks and without copyright infringement. Strofe aims to become the go-to music tool for more than 100 million content creators globally. Strofe has had 120,000 users since its launch and is backed by Stanford’s StartX community. Alejandro Di Mare and Byron Walker founded Strofe in May 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for hiring, salaries, and marketing.
GC Plus, with a valuation of $7 million, is raising funds on Wefunder. The company provides an online marketplace to hire home service providers. It strives to be the Uber of home services and to disrupt the home service industry with its automation and convenience. GC Plus is led by an experienced team and has successfully registered 7,000 homeowners and 1,000 technicians. Rafael Zeitunian and Maxym Sereda founded GC Plus in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.1 million. The campaign proceeds will be used for launching in new cities, software development, and expanding the support staff to handle a higher volume of customers.
Kram Nutrition, with a valuation of $4 million, is raising funds on Wefunder. The company makes and sells pre-packed peanut butter and jelly sandwiches (PB&Js). The PB&Js are made in-house using organic ingredients so that they are protein-packed and support sustainable agricultural practices. Kram Nutrition has a partnership with Ultimate Fighting Championship Fighter Michael Chandler, and its products are currently sold at Sprouts, Central Market, and Erewhon. Ruth Moretton and Austin Fortier founded Kram Nutrition in February 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $400,000. The campaign proceeds will be used for marketing, retail expansion, and production costs.
RimRiser, with a valuation of $9.1 million, is raising funds on Wefunder. The company has created a device to revolutionize manholes, storm drains, and utility vaults. RimRiser lets one person set a manhole casting faster and more accurately than traditional castings, saving the risk, time, and effort of making adjustments. The product has been approved by the Department of Transportation and has three patents registered and two trademarks issued. Aaron Barr founded RimRiser in April 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.1 million. The campaign proceeds will be used for payroll, debt repayment to the founder, marketing, operating expenses, and critical expenses.
ACFN Franchised, with a valuation of $35 million, is raising funds on Republic. The company offers prospective entrepreneurs a unique, low-cost, low-risk, and high-reward franchise opportunity. The business excels in building corporate relationships and works on a proven recurring revenue model. ACFN Franchised provides services to 2,700 businesses in 46 states with its network of 220 franchise owners. Jeffrey D. Kerr and Avi Blankroth founded ACFN Franchised in October 2002. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for acquisitions, marketing, and general expenses.
Choix, with a valuation of $12 million, is raising funds on Republic. The company’s platform breaks down barriers and expands access to high-quality and affordable abortion care. Now, it is looking to build a business-to-business service for employers to help them provide abortion care and travel assistance to employees. Choix receives more than 300 average monthly patients and more than $97,000 in average monthly revenue. Aisha Wagner, Cindy Adam, Lauren Dubey, and Mark Adam founded Choix in September 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $2.5 million. The campaign proceeds will be used for technology and product development, sales and marketing, infrastructure, and general working capital.
World Tree, with a valuation of $23.6 million, is raising funds on StartEngine. The company is leading the Eco-Tree Program, which is designed to reverse climate change and make significant impacts on investors and small farmers. The project provides accessible investment opportunities in sustainable timber. World Tree targets high-end markets, including furniture, window blinds, veneers, musical instruments, and surfboards. Wendy Burton founded World Tree in June 2015. The current crowdfunding campaign has a minimum target of $9,998.10 and a maximum target of $3.5 million. The campaign proceeds will be used for farmer success, management and office fees, purchasing trees, brokering lumber, and more.
EYV Restaurant is raising funds on Honeycomb. It is an upcoming veggie-forward restaurant in Pittsburgh, PA. It will be a 42-seat farm-to-table restaurant using high-quality, accessible, and locally sourced ingredients. EYV Restaurant aims to make vegetables the star of every dish and offer customers fine dining at an affordable cost. Mike Godlewski founded EYV Restaurant in June 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $65,000. The campaign proceeds will be used for construction costs, operating capital, and kitchen equipment.
Manna, with a valuation of $10 million, is raising funds on SeedInvest. The company’s app makes cooking fun, customizable, and seamless by allowing users to collect, create, share, modify, and organize recipes. Manna is now working to develop a business-to-business offering for recipe publishers, creating a new revenue stream for the company. The app has achieved 8,000 downloads, 50,000 recipe views, 18 minutes in average engagement time, and 35,000 swipes since its inception. David Greenstein, Joshua Abady, Rachel Abady, and Guy Greenstein founded Manna in 2019. The current crowdfunding campaign has a minimum Regulation Crowdfunding target of $25,000, a minimum raise target of $200,000, and a maximum target of $618,000. The campaign proceeds will be used for product development, operations, key hires, and business development.
Popwheels is raising funds on Rialto Markets. The company aims to build and maintain the first network of light electric vehicle battery swap stations in New York City. Subscribers will have access to thousands of swap lockers across the city, where they can exchange depleted batteries for fully charged ones. The battery packs will use LiFePO4 cells instead of fire-prone nickel magnesium cobalt versions and will be safe to charge indoors. Baruch Herzfeld founded Popwheels in July 2021. The current crowdfunding campaign has a minimum target of $9,500 and a maximum target of $5 million. The campaign proceeds will be used for batteries, cabinets, location monitoring and customer service, insurance, sales and marketing, logistics, research and development, and more.
Sona labs, with a valuation of $20 million, is raising funds on StartEngine. It is a digital therapeutics company that uses the power of restorative music to improve mental health. The company makes original music based on scientific research and delivers it through virtual reality, augmented reality, mobile phones, and live experiences. Sona labs’ clinical trial plans have been approved by the FDA, putting it on track to become the first FDA-approved sound therapy solution for anxiety. Neal Sarin and Dennis Hauser founded sona labs in April 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for marketing, operations, research and development, product development, and content.
Clockout, with a valuation of $10 million, is raising funds on Republic. The company’s platform enables users to make friends with other professionals of the same age in casual settings and build a network organically. Clockout has more than 75,000 users, more than 1 million social interactions, and $3 million in projected revenue for 2023. Manasa Grandhi and Krishna Dosapati founded Clockout in December 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.1 million. The campaign proceeds will be used for product innovation, go-to-market implementation, and hiring.
Phuc Labs, with a valuation of $18 million, is raising funds on Republic. The company has modernized recycling technology for electronic waste and valuable earth metals to make ecological vitality profitable. The technology, Vision Valve, uses computer vision and robotics to identify and recover resources from waste with high accuracy and low energy usage. Phuc Vinh Truong and Phuc Thien Truong founded Phuc Labs in November 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.2 million. The campaign proceeds will be used for product deployment and operations.
Reflect, with a valuation of $15 million, is raising funds on Wefunder. The company has developed a note-taking app to mirror the way people think. The app is integrated into existing tools — like calendar events, Kindle highlights, and web links — and interlinks notes to each other. Reflect is led by an experienced team and has had more than 1,000 paying customers since its launch earlier this year. Alexander MacCaw, Vojtech Rinik, and Ocavue founded Reflect in March 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.2 million. The campaign proceeds will be used for hiring, onboarding, and paying software engineers; marketing; and customer acquisition.
Pocstock, with a valuation of $20 million, is raising funds on Wefunder. It is a global stock photo and video platform focused exclusively on people of color. The company’s global business model influences the visual narratives of representation and inclusion of underrepresented cultures. Pocstock’s proprietary tech platform has more than 170,000 assets and more than 600 registered contributors in 60 countries. Steve Jones, Tamara Fleming, and DeSean Brown founded pocstock in November 2019. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $1.1 million. The campaign proceeds will be used for platform automation, social media marketing and advertising campaigns, content development and acquisition, and increasing staff.
MoJoose, with a valuation of $50 million, is raising funds on StartEngine. The company makes technologically advanced phone cases that help boost cell signals. Additionally, the smartphone cases also charge the phone’s battery, reduce radiation, and protect the phone. MoJoose’s mJoose case is approved by the Federal Communications Commission, certified by Apple, and has won six CES Innovation awards. Daniel Ash founded MoJoose in February 2014. The current crowdfunding campaign has a minimum target of $9,996.51 and a maximum target of $1.2 million. The campaign proceeds will be used for marketing, research and development, operations, inventory, and intellectual property creation and maintenance fees.
