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.
Joulez, with a valuation of $40 million, is raising funds on StartEngine. It is an electric vehicle rental company that is building an ecosystem around supporting EVs. The company is currently developing software and will soon acquire a fleet of electric vehicles for its platform. Joulez will provide EVs for rent, including the toll pass, access to charging stations, and delivery and pickup of vehicles. Micah Bergdale founded Joulez in May 2021. 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 acquiring EVs for its fleet and beta testing.
SongSplits by Song Solutions, with a valuation of $15 million, is raising funds on StartEngine. The company has developed a digital platform for music rights management. The platform allows music collaborators to input and cross verify their song credits and royalty agreements. SongSplits by Song Solutions’ technology is built to scale and has more than 250,000 users. Todd Wright and Al McLean founded SongSplits by Song Solutions in October 2018. The current crowdfunding campaign has a minimum target of $9,990 and a maximum target of $1,069,995. The campaign proceeds will be used to increase the user base, drive user growth, and improve the overall user experience.
RIGHTSURE, with a valuation of $18 million, is raising funds on StartEngine. The insurance technology company helps people find the best insurance policy for themselves. The company combines the use of artificial intelligence with chatbots, mobile apps, multi-variate rating, and discount discovery technology to help people save money. RIGHTSURE has more than 30,000 active policyholders and crossed $4 million in revenue on $40 million in premium. Ronald Jeffery Arnold founded RIGHTSURE in 1990. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,999.20. The campaign proceeds will be used for growth and expansion.
Mechanism Wellness, with a valuation of $15.1 million, is raising funds on StartEngine. The company offers a holistic digital wellness plan that helps people identify and address the underlying mechanism behind their visible symptoms. The personalized program of Mechanism Wellness is rooted in functional medicine and can be leveraged from anywhere at any time. Mechanism Wellness has signed a partnership agreement with American Benefit Consulting who support more than 120 Fortune 500 companies. Shakti Jauhar, Mona Jauhar, and Dr. Chris Turnpaugh founded Mechanism Wellness in October 2018. The current crowdfunding campaign has a minimum target of $9,999.75 and a maximum target of $1,069,998.04. The campaign proceeds will be used to engage with more corporations, grow the practitioner affiliation program, and increase B2C engagement.
ThrillSeeker Media Group, with a valuation of $6 million, is raising funds on StartEngine. The entertainment company specializes in virtual reality (VR) content and aims to build a community of VR and augmented reality creators, influencers, and advertising partners. ThrillSeeker works with a variety of brands, making it an ideal partner for companies looking to reach a highly engaged and diverse audience. Cody Alfar founded ThrillSeeker Media Group in July 2021. The current crowdfunding campaign has a minimum target of $9,997.50 and a maximum target of $1,100,010. The campaign proceeds will be used for growth and expansion.
Terbine, with a valuation of $55 million, is raising funds on StartEngine. The company has developed a platform for the global exchange of IoT data. The platform takes raw data from machines ranging from land systems to satellites, gives it context, makes it searchable by users, and makes the data financially valuable. Terbine has raised $3.1 million in previous rounds of financing and is working on building business development relationships. David Knight and Brian Enochson founded Terbine in May 2015. The current crowdfunding campaign has a minimum target of $9,997.92 and a maximum target of $1,049,997.84. The campaign proceeds will be used to take advantage of the third wave of computing and communications.
Bloom Foods is raising funds on MainVest. It is an upcoming food truck in Houston, Texas, and plans to sell plant-based vegan food. The food truck will serve pancakes, tacos, nuggets, burgers, and biscuits. Bloom Foods will also sell frozen packaged burgers, nuggets, and sauces on its truck and through wholesale partners. Chester Chambers founded Bloom Foods in October 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $36,000. The campaign proceeds will be used for inspections, staffing, POS, generator, patty machine, commercial food processor, small wares, and truck wrap.
Aphios Pharma, with a valuation of $71 million, is raising funds on Wefunder. The company is developing cannabis-based therapeutics for pain, anxiety, opioid use disorder, and multiple sclerosis. The green biotech company is developing technology for the sustained release of nano encapsulated cannabinoids to treat chronic medical needs. Aphios Pharma has received grants from the National Cancer Institute, NCCIH, and National Institute of Drug Abuse and has spent millions of dollars on drug manufacturing and drug delivery technologies. Trevor P. Castor founded Aphios Pharma in July 2018. 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, R&D, and G&A expenses.
Farm to Coast Collective, with a valuation of $6 million, is raising funds on Wefunder. The company aims to socially and economically empower small businesses. The focus is to create community gathering spaces to support chefs, artists, local farmers, performers, and makers. Farm to Coast Collective is reinventing food halls to empower local chefs by offering shared services. The business has signed letters of intent with eight highly regarded local chefs. Gregory Beale founded Farm to Coast Collective in December 2019. 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 startup costs, staffing, facilities, and operating expenses.
Doxile, with a valuation of $4 million, is raising funds on Wefunder. The company has developed a platform where IP attorneys and innovators work together to turn ideas into patents. The Software-as-a-Service application of Doxile delivers a simple process for innovative companies to share and pursue patentable ideas with their IP law firms. Doxile has an unlimited trial period and a strong network effect. Brennan Collins and David W Carstens founded Doxile in December 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 product development, sales and marketing, and G&A expenses.
FluentPet, with a valuation of $16 million, is raising funds on Republic. The company has developed sound buttons that act as catalysts for communication with pets. The FluentPet system is made up of recordable sound buttons and connecting HexTiles that help cats, dogs, and other pets to express themselves and be understood by humans. FluentPet has remained solidly profitable for the first quarter of 2021, with more than $3.3 million trailing twelve months revenue as of June 2021. Leo Trottier founded FluentPet in September 2015. 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 growth and expansion.
Gerostate Alpha, with a valuation of $20 million, is raising funds on Wefunder. The pharmaceutical company is making drugs that slow down tissue aging. The unbiased drug development pipeline of the company addresses multiple functional domains of aging, including cardiovascular, muscular, neurological, and metabolic. Gerostate Alpha delivers drug candidates to slow aging with a success rate of 20%. The company is currently testing its products on aging mice. Simon Melov founded Gerostate Alpha in June 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4,500,000. The campaign proceeds will be used for the study of priority candidates for positive effects.
Dulceria is raising funds on MainVest. It is a bakery in New York, NY, inspired by Chilean culture. The bakery is known for its Chilean pastries, including pasteles, alfajores, and empanadas. The other specialties of Dulceria include the torta mil hojas, brazo de reina, and chilenitos. Dulceria has established a loyal customer base, with the demand outpacing the current setup. Daniel Minzer and Marco Matheu founded Dulceria in June 2019. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $250,000. The campaign proceeds will be used to expand production and set up the central kitchen and store.
Legion M, with a valuation of $48.5 million, is raising funds on StartEngine. It is the world’s first fan-owned entertainment company. The investors get to back a variety of projects diversified across different genres, mediums, and risk profiles. Legion M is disrupting the entertainment industry and is one of the most successful companies in crowdfunding history. Paul Scanlan and Jeff Annison founded Legion M in 2016. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $3,000,000. The campaign proceeds will be used to become one of the most influential companies in Hollywood.
Terraseed, with a valuation of $6 million, is raising funds on Wefunder. The company sells sustainable vegan supplements in biodegradable pill bottles. It works for the wellness of the vegan community and the health of planet Earth. The product offerings of Terraseed include vitamins B, C, and D, Omegas, multivitamins, and vegan protein. Terraseed has reported strong traction and a 26% month-over-month growth. Maria Cebrian and Hava Horowitz founded Terraseed in May 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,000,000. The campaign proceeds will be used for marketing, content creation, R&D, new product development, and hiring.
Emerald River Maine is raising funds on MainVest. It is a legal cannabis business seeking to launch its recreational cannabis store in Lewiston, Maine. The 2,700 square-foot store will be built at 1240 Lisbon Street in Lewiston, a busy and central location. Emerald River Maine will offer a branded cannabis shopping experience and plans to become a destination point that the city of Lewiston can be proud of. Morriss M. Partee and Matthew A. Taggart founded Emerald River Maine in February 2020. The current crowdfunding campaign has a minimum target of $120,000 and a maximum target of $160,000. The campaign proceeds will be used for opening inventory, marketing, pre-open payroll and training, licensing, and interior upgrades.
Coco Pago, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform that makes remittances and sending money convenient and fast. The platform, PagO, allows migrants to send money back home in seconds via stablecoin. The families in Latin America can download the app, send and receive money in seconds with phone numbers, and pay for goods and services. Coco Pago has generated $17 million in revenue to date. Kevin Charles, Victor Charles, and Francisco Martin founded Coco Pago in January 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $700,000. The campaign proceeds will be used for hiring engineers and marketing.
Ziba Foods, with a valuation of $2.5 million, is raising funds on Wefunder. The company sells Afghanistan’s high-quality dried fruit and nuts across the US. The nuts and dried fruit are delicious, nutritious, sustainably grown, and socially responsible food sources. Ziba Foods is focused on helping the women and farmers of Afghanistan sustain jobs and economic stability. Kabir Arghandiwal, Raffi Vartanian, Patrick Johnson, and Scott Cantini founded Ziba Foods in August 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 purchasing raw materials from farmers and exporting finished goods.
Talino Venture Labs, with a valuation of $20 million, is raising funds on Wefunder. It is a venture studio focused on inclusive fintech startups that cater to underserved markets. The venture studio is building the next generation of inclusive fintech companiess, including lenders of small businesses, digital banks for migrant workers, insurers for the middle class, and digital enablers for the food industry. Talino Venture Labs has signed partnerships with US banks and US grocery chains and has been featured on CNN, Esquire, BusinessWorld, and more. Winston Damarillo founded Talino Venture Labs in January 2016. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,070,000. The campaign proceeds will be used for technology R&D, hiring developers, building products, and working capital.
AeonCharge, with a valuation of $12 million, is raising funds on Wefunder. The company is building universal mobile apps for streamlining the process of charging electric vehicles. The apps act as consolidation platforms that help EV drivers to locate, activate, and pay for EV chargers. AeonCharge is validated with a net promoter score of 84 and backed by 17 EV clubs presidents. Dwi Sutandar, Christopher Jing, and Lin Sun Fa founded AeonCharge in March 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $429,205. The campaign proceeds will be used for product development, SG&A, relocation, marketing, and product iteration.
Urbie, with a valuation of $5 million, is raising funds on Wefunder. The company makes smart green tech products to tackle the problem of urban pollution. The first product of Urbie, UrbieAir, improves the indoor environment, is aesthetically elegant, and user-friendly. The gadget purifies air through its biomass filters, collects humidity from the air, and recycles the water for plants. Urbie aims to develop five more products in the next five years. Bassel Jouni and Bilal Jouni founded Urbie in June 2020. 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 the production of inventory for UrbieAir, marketing, hiring, and product certification.
Steel House Cycle is raising funds on Honeycomb. It is a rhythmic cycle studio in Lawrenceville, Georgia. The instructor has built a virtual rhythmic cycling platform with more than 600 riders during COVID and aims to open a physical studio space soon. The studio has built a community where people ride and bond. Alison Mears founded Steel House Cycle in September 2021. 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 the production of inventory for space buildout, sound abatement, marketing and web development, and furniture.
GTFO It’s Vegan, with a valuation of $40 million, is raising funds on StartEngine. The company is an online retailer, wholesaler, and distributor of curated vegan foods. It is a one-stop company for everything vegan, for everyone, everywhere. GTFO It’s Vegan currently has more than 3,000 products across 700 brands and plans to add clothing and cosmetics soon. The company has become the go-destination for everything vegan and has surpassed $3 million in revenue in the past twelve months. Marc Pierce and Tanya Pierce founded GTFO It’s Vegan in February 2020. 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 the production of inventory for growth and expansion.
Envel, with a valuation of $35 million, is raising funds on StartEngine. It is a financial technology company that focuses on building autonomous banking. The digital banking application partners with nbkc bank to hold the funds safe and secure. Envel is powered by patent-pending autonomous banking technology and has more than 10,000 users since January 2021. Steve Le Roux, Matina Dimitriadou, and Diederik Meeuwis founded Envel in 2017. The current crowdfunding campaign has a minimum target of $9,999.64 and a maximum target of $3,930,043.12. The campaign proceeds will be used to launch new product offerings and increase the number of users.
True Made Foods, with a valuation of $11 million, is raising funds on Republic. The company makes and sells all-natural condiments from real vegetables. The products of True Made Foods contain real veggies and fruit as a replacement for refined sugars, making them vegan, keto-approved, non-GMO, and gluten-free. The offerings of True Made Foods include kinds of ketchup, BBQ sauces, sriracha, mustards, and hot sauces. True Made Foods reported more than $2 million in gross sales in 2020, a 120% year-over-year growth. Abraham Kamarck and Ryan Mitchell founded True Made Foods in March 2015. 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 to scale the business, increase the marketing budget, and build foodservice sales.
Dragon Spirits Marketing, with a valuation of $7 million, is raising funds on Wefunder. It is a brand ambassador gig marketplace that matches growing brands with educated and passionate brand ambassadors. The marketplace platform of Dragon Spirits Marketing, The Dragon Engagement Network, provides top-level brand ambassadors for brands with brand activations all over the US. Lamar Romero and Laura Valentino Romero founded Dragon Spirits Marketing in August 2013. 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 features and development, sales and marketing, hiring, and client promotions.
Cassava San Francisco is raising funds on Wefunder. It is an established and award-winning restaurant known for its great food, social awareness, and warm hospitality. The restaurant is operated by passionate restaurateurs and has long-time trusted employees. Cassava San Francisco is opening its next chapter at a desirable and promising location. Yuka Ioroi and Kristoffer Toliao founded Cassava San Francisco in December 2011. The current crowdfunding campaign has a minimum target of $350,000 and a maximum target of $750,000. The campaign proceeds will be used for build-out construction, contingency, and operating capital.
Bintimani Restaurant is raising funds on Wefunder. It is a family-run West-African restaurant on Main Street in Downtown Providence, RI. The restaurant serves authentic West African cuisine and will also serve as an event space, marketplace, and hub for creative activity. The business will be located at a central location and will also help to uplift other local entrepreneurs. Satta Josiah-Faeduwor founded Bintimani Restaurant 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 the cost of kitchen equipment and aesthetic modifications.
ViiT Health, with a valuation of $15 million, is raising funds on Wefunder. The company offers AI-assisted health monitoring services. The first product of ViiT Health, ViiT Gluco 1.0, is a one-of-a-kind glucometer that uses AI for the management of diabetes. ViiT Health has strategic alliances with Iasotek, Arrowhead Center, and Mexico City Innovation and Technology Agency and is supported by Monaco Foundry and a leading US Family Office. Luis Gomez founded ViiT Health in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $2,000,000. The campaign proceeds will be used for marketing and sales, product development, validation protocols, product certification, and software development.
Tank Glass is raising funds on Honeycomb. The company makes high-quality and durable smoking supplies and sells them directly to consumers. It offers four glass products and has finished development on three brand new products. Tank Glass has a large and loyal customer base and a partnership with a 3PL service that handles the fulfillment and returns. Justin Lyle, Alex Ferriera, Nelson Barry, and Samuel Hofer founded Tank Glass in August 2017. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $150,000. The campaign proceeds will be used for the glass and non-glass inventory for the products, point-of-purchase displays, and brick-and-mortar supplies.
Commongrounds Cooperative is raising funds on MainVest. It is a real estate cooperative in Traverse City that aims to develop real estate to meet community needs. The cooperative will be a building project and will also serve as the backbone for activities, wellness, and arts. Commongrounds Cooperative will offer two classes of ownership, real estate tenant owners and members of the community. Katherine Redman founded Commongrounds Cooperative in March 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,500,000. The campaign proceeds will be used for buildout costs and operating capital.
Cityzenith is raising funds independently through Regulation A crowdfunding. The company has developed the SmartWorldOS Digital Twin software platform to solve the efficiency and carbon emissions problems related to buildings and infrastructure. The technology allows users to create virtual twins of physical buildings, leading to cost savings and higher efficiencies. Cityzenith’s technology helps cities cut costs by 35% and reduce carbon emissions by up to 100%. Michael Jansen founded Cityzenith in April 2009. The current crowdfunding campaign has no minimum target and a maximum target of $15,000,000. The campaign proceeds will be used for sales and marketing, research and development, working capital, and general corporate purposes.
LGH Global is raising funds independently through Regulation A crowdfunding. The company provides online bed and breakfast lodging services to its members. It plans to offer and host 2,000 to 5,000 owner whole-house, condo, and apartment units in popular cities. LGH Global also plans to develop a unique membership program with perks, including pricing discounts and reservation protection. Yandan Zheng founded LGH Global in 2021. The current crowdfunding campaign has no minimum target and a maximum target of $10,000,000. The campaign proceeds will be used for development costs, marketing, salaries, and general operating capital.
Nowigence is raising funds independently through Regulation A crowdfunding. The company has developed an AI-powered platform, PluarisTM, that comprehends available data and delivers decisional boundaries and traceable intelligence. The platform uses AI to increase the speed of decision-making. Nowigence’s platform is ideal for information gatherers, researchers, journalists, legal professionals, and technologists. Anoop Bhatia founded Nowigence in 2011. The current crowdfunding campaign has no minimum target and a maximum target of $50,000,000. The campaign proceeds will be used for software development and support, IT infrastructure development, general office expenses, and working capital.
Zummo Flight Technologies is raising funds independently through Regulation A crowdfunding. The company uses its research and development to improve the performance and safety of rotary-wing aircraft, including helicopters and drones. Zummo Flight Technologies has invented and patented the Reaction Jet Drive System (RJDS) technology that eliminates the need for moving parts. The technology of Zummo Flight Technologies makes the aircraft safer, easier to fly, more efficient, quieter, and lighter. Robert Zummo founded Zummo Flight Technologies in 2014. The current crowdfunding campaign has no minimum target and a maximum target of $18,750,000. The campaign proceeds will be used for technology evaluation and testing, preliminary design process, market research, and general corporate purposes.
