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.
Detroit Pizza Joint is raising funds on MainVest. The upcoming food place aims to sell its unique square pizzas in addition to other offerings, including Detroit coney chili dogs, Chicago dogs, Italian beef sandwiches, fries, and retro desserts. The business is looking for the best location in Cape Coral, Florida to launch its unique pizza ideas. Todd Stern founded Detroit Pizza Joint in July 2021. The current crowdfunding campaign has a minimum target of $45,000 and a maximum target of $65,000. The campaign proceeds will be used for equipment and operating capital.
ORBAI, with a valuation of $14.9 million, is raising funds on StartEngine. The company is developing artificial general intelligence to work with human-like AI and conversational speech. The artificial general intelligence of ORBAI, NeuroCAD Tech, will be implemented in professional services related to medicine, law, finance, information, and other fields. ORBAI is led by a team of engineers, artists, 3D graphics engineers, and neuroscientists and is set to revolutionize the AI market. Brent Oster founded ORBAI in March 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The campaign proceeds will be used for the launch of the legal AI public platform, Justice Falcon, and the launch of the medical AI public platform, Dr. Ada.
Yepp, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a platform that helps entrepreneurs and influencers to bring product ideas to life and ship them where they need to go. The platform assists in product creation, payments, quality assurance, communication, fulfillment, and shipping. Yepp has created apparel for Katy Perry, Black Pink, and Selena Gomez and has reported a 200% increase in the current sales pipeline. Adam Maltais, Alex Ok, and Ray Lee founded Yepp in March 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $3,400,000. The campaign proceeds will be used for hiring, marketing and sales, professional services, and other expenses.
Milkmen Cannabis is raising funds on MainVest. It is a legal cannabis growing business that will provide premium marijuana flower. The company has secured a lease and applied for a provisional license and special permit, which it is expected to receive in October 2021. The space buildout is expected to begin in December 2021. Christopher Brown, Erin Plumb, Dan Salazar, Conor Williams, and Casey Bachman founded Milkmen Cannabis in March 2021. The current crowdfunding campaign has a minimum target of $225,000 and a maximum target of $250,000. The campaign proceeds will be used for equipment and space buildout.
iNitrile, with a valuation of $50 million, is raising funds on StartEngine. The company has built an automatic disposable glove dispenser that eliminates the risk of contamination. The dispensing machine also helps in streamlining the process and minimizing product wastage. iNitrile is focused on safety, inventory optimization, and automation. Omri Shafran and Jad Shraim founded iNitrile in July 2020. 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 R&D, final design and UL certification, and mass production.
Elite Amateur Fight League, with a valuation of $5.1 million, is raising funds on Wefunder. The league is filling a gap in the MMA industry by being America’s first fan-owned sports league. Elite Amateur Fight League has promoted more than 150 amateur MMA fighters and has established 12 teams in 11 states. Elite Amateur Fight League features the top amateur MMA fighters in televised national tournaments and reported a 975% growth in revenue from 2018 to 2019. Jesse Nunez founded Elite Amateur Fight League in 2014. 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 event operations and production, debt repayment, marketing, business development, and hiring.
MotivateU, with a valuation of $10 million, is raising funds on Wefunder. The company has developed an AI-powered platform that reinvigorates community fitness with human interaction. The platform uses data-driven metrics and engagement to boost client retention and gives real-time feedback for better client satisfaction. MotivateU is driven by patent-pending technology and is to be featured on Advancements hosted by Ted Danson. Jennifer Strout founded MotivateU in August 2020. 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, insurance, accounting, developers’ compensation, and working capital.
Secretos de mis Abuelos is raising funds on Honeycomb. It is the first and only Puerto Rican food truck in Pittsburgh. The food truck serves authentic Puerto Rican food to a diverse group of customers. Secretos de mis Abuelos has catered for the Steelers and the Penguins and booked $100,000 in revenue in the first four months of operations. Felipe Crespo founded Secretos de mis Abuelos in October 2020. 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 hiring staff, remodeling, and working capital.
Cowtown Brewing is raising funds on Honeycomb. It is a small-scale craft brewery bringing a unique dining and entertainment offering to the urban neighborhood. The brewery has combined the BBQ concept with high-quality craft beer. Cowtown Brewing has been named one of the top 30 breweries in the Southwest United Stated by Rave Reviews. Shawn Kidwell and Billy Avila founded Cowtown Brewing in July 2021. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $250,000. The campaign proceeds will be used for labor, marketing, construction, office supplies, TABC license, and working capital.
Stream Dx, with a valuation of $6.5 million, is raising funds on Republic. The company offers home uroflow testing services that help collect urine flow data of patients with lower urinary tract symptoms. Stream Dx has also designed Stream Dx Home Uroflowmeter, a patented and FDA-registered point of care device. The business has a recurring revenue fee-based service model and reported revenue increase from $21,000 in 2019 to $91,000 in 2020. Brian Holt, Alvin Le, James Hotaling, Andrew Southwick, Matt Converse, Chris Bowen, and Tab Robbins founded Stream Dx in October 2014. 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 sales and production to meet the revenue projections.
Stage, with a valuation of $25.2 million, is raising funds on Netcapital. It is a social media and content creation platform that connects artists, fans, and industry professionals throughout the world. The app has transformed the talent discovery process and allows dancers, singers, musicians, and other aspiring artists to grow their fan base. Stage is formed by the combination of two platforms, Scenebot and Scenebot STAGE, and has more than 300,000 users. Stuart Alexander, Mike Hennesy, and Antonio Dutra founded Stage in January 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The campaign proceeds will be used for app development, marketing, production, and app maintenance.
Peerless Public Safety Solutions
Peerless Public Safety Solutions, with a valuation of $5 million, is raising funds on StartEngine. The company has developed software solutions for public safety personnel, including firefighters, to manage their business. The software suites of Peerless Public Safety Solutions can be customized to help with asset management and data-driven decision-making. Peerless Public Safety Solutions is founded with first-hand knowledge and has a large potential customer base of more than 40,000. Jay Scales and Richard Lewis founded Peerless Public Safety Solutions in October 2019. 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.
DudeRobe, with a valuation of $12.5 million, is raising funds on StartEngine. The company has re-engineered and redesigned the bathrobe into the next generation of bathrobes and loungewear. The robes of DudeRobe are more absorbent, functional, and stylish and are robes of choice of NBA Knicks, Nets, and Jazz. DudeRobe generated sales of $1 million in 2020 and has tripled its sales revenue from January to July 2021 compared to the same period last year. Howie Busch founded DudeRobe in August 2017. 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 expansion of inventory, development of new products, and marketing.
Aphelion Aerospace, with a valuation of $7.99 million, is raising funds on StartEngine. The company aims to revolutionize access to space with its low-cost, eco-friendly rapid access to space. The nanosatellite company offers responsive, short-notice, and launch-on-demand services to meet the demands of both civilians and government entities. Aphelion Aerospace aims to provide software, hardware, and mission support for space launches. Miguel Ayala founded Aphelion Aerospace in April 2021. The current crowdfunding campaign has a minimum target of $9,998.88 and a maximum target of $1,069,997.82. The campaign proceeds will be used for the launch of the first test flight and for the first commercial launch to orbit.
NETZRO, with a valuation of $5 million, is raising funds on Wefunder. The food technology company transforms food byproducts into nutrient-rich ingredients. NETZRO is developing groundbreaking technology that can upcycle food waste, like eggshells and spent grain, into nutritious ingredients at scale. Sue Marshall and Garrick Villaume founded NETZRO in September 2019. The current crowdfunding campaign has a minimum target of $145,000 and a maximum target of $500,000. The campaign proceeds will be used for equipment and supplies, strategic model creation, marketing, infrastructure at the new Wycliff location, and an automated loading conveyor.
Care2Care International, with a valuation of $1.54 million, is raising funds on TycoonInvest. It is a premium provider of internationally sourced affordable medications. The company enables the delivery of these medications for individuals and healthcare plans at affordable prices. Care2Care International is led by an experienced team and expects to reach a net operating income of $680,000 and total revenue of $1.1 million by year three. Andre Wencker and Pascal Orliac founded Care2Care International in February 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $400,000. The campaign proceeds will be used for marketing, research and development, manufacturing, future wages, and general working capital.
Duis Primo, with a valuation of $8 million, is raising funds on TycoonInvest. The financial technology company aims to offer diversified financial services to many countries in Africa as a single market. The platform will offer e-payment, e-wallet, and remittance services to consumers across Africa. Duis Primo has a strategic alliance with SmartAfrica and a multiple revenue stream business model. Albert Ghunney Jr., Didier Banlock, and Terence Ankrah founded Duis Primo in February 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2,000,000. The campaign proceeds will be used for marketing, research and development, operations, future wages, and general working capital.
RacerX, with a valuation of $4.16 million, is raising funds on TycoonInvest. The company has developed a platform that helps consumer product companies build long-lasting relationships with their customers. The platform transforms the paper documentation, warranty, and registration process of manufacturers through its mobile app automation and integration. RacerX aims to bring about a positive environmental impact and help brands build stronger relationships with consumers at lower costs. Avrum Mayman, Bill Allen, and Steve Jungmann founded RacerX in January 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $605,000. The campaign proceeds will be used for marketing, software development, G&A expenses, and general working capital.
SafeRX Pharmaceuticals, with a valuation of $46.6 million, is raising funds on Dalmore Group. The company has patented a specific class of alcohol-resistant opioids that have the potential to prevent deaths caused by prescription overdose. The products of SafeRX Pharmaceuticals contain a combination of an FDA-approved opioid, an FDA-approved ALDI, and a tamper-resistant formulation. Michael Presti founded SafeRX Pharmaceuticals in May 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for formulation development, clinical conduct, clinical study initiation, and clinical trials materials manufacturing.
Vinsent, with a valuation of $10 million, is raising funds on Dalmore Group. The company has developed a global marketplace that connects wineries with wine lovers and allows them to showcase, discover, and buy/see fine wine. It is a direct-to-consumer vineyard-to-table showcase and marketplace. Vinsent onboarded more than 100 wineries and generated $250,000 in revenues in the first half of 2021. Jacob Ner-David and Gil Picovsky founded Vinsent in October 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 marketing, tech development, and G&A expenses.
Martin Henry Cinemas is raising funds on MainVest. It is an upcoming movie theatre in South Portland, Maine. The theatre aims to create a unique, homey movie-going experience, like going to a friend’s house for a movie night. Martin Henry Cinemas is located at an excellent location and will enjoy extensive attendance. Joshua Cannon founded Martin Henry Cinemas in July 2021. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $60,000. The campaign proceeds will be used for marketing and advertising, payroll and hiring bonuses, community outreach, and other general improvements.
Blendid, with a valuation of $56.9 million, is raising funds on StartEngine. The company makes robotic food automation solutions powered by artificial intelligence. The first product of Blendid is a robotic kiosk that makes healthy smoothies on demand and based on the taste and preferences of customers. Blendid already has kiosks deployed at select Walmart locations and plans to expand aggressively. Vipin Jain, Venki Ayalur, and Vijay Dodd founded Blendid in 2015. The current crowdfunding campaign has a minimum target of $9,999.08 and a maximum target of $1,999,999.82. The campaign proceeds will be used to expand to more locations nationally and internationally.
Caribe Soul is raising funds on MainVest. The tapas restaurant is based in New Haven, CT, and serves the community with its special empanadas. The food offerings of Caribe Soul feature Caribbean flavors and spices in unique tapas influenced by worldwide experiences. The business started as a food truck and launched its first concept, Madeline’s Empanadaria, in April 2021. Hazel Lebron founded Caribe Soul in 2015. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $75,000. The campaign proceeds will be used for a down payment on the building to set up the new location.
Blue Pizza is raising funds on MainVest. The upcoming pizzeria in Columbia, SC, will feature specialty pizza crusts like sweet black bread, honey whole wheat, 7 grain, or traditional New Jersey style. The offerings of Blue Pizza include shrimp scampi, chicken marsala, and Italian carbonara on homemade pasta or on a pizza. Blue Pizza makes small batches of its special dough, with its dough masters as its backbone. John Fredericks founded Blue Pizza in June 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $20,000. The campaign proceeds will be used for operating capital.
Parlay Cafe, with a valuation of $3.5 million, is raising funds on Wefunder. The cafe caters to people who work from home and offers them a coworking space along with their special coffee. The cafe will serve as the place for people to occasionally work, meet clients, and conduct interviews. Parlay Cafe launched its proof of concept in Temecula, CA, in 2019 and broke even in five months. Don Mastrangelo founded Parlay Cafe in February 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4,900,000. The campaign proceeds will be used for marketing, franchise recruiting campaigns, and attending regional and national franchise shows.
Mercury is raising funds on Wefunder. The company is reimagining banking for startups. The full financial stack of Mercury includes core financial products, including checking and savings accounts, debit cards, and domestic and international wires, and more products like custom team management, API access, and multi-account logins. Mercury already has more than 40,000 customers, including Lunchclub, Mighty, and Linear. Immad Akhund and Saar Gur founded Mercury in August 2017. The current crowdfunding campaign has a minimum target of $2,499,977 and a maximum target of $4,999,955. The campaign proceeds will be used for hiring, marketing, working capital, and other expenses.
Nostalgia Coffee, with a valuation of $5 million, is raising funds on Wefunder. The company sells high-quality coffee in brew bags. The business has discovered the perfect coffee varietal, origins, processing methods, roast profiles, blend ratios, extraction yield, and brew directions to offer an exceptional coffee experience. Nostalgia Coffee launched its first 5,000 bags in June 2021 and sold out in two hours. Taylor Fields founded Nostalgia Coffee in August 2017. 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 advertising, website and POS development, new hiring, and increased production capacity of brew bags and whole beans.
Smart Tire Recycling, with a valuation of $14.8 million, is raising funds on StartEngine. The company has developed a pioneering process to recycle used tires into reusable materials. The tires are turned into their original components and are used to manufacture new tires and other products. Smart Tire Recycling aims at reducing landfill tires and healing the environment by cutting carbon dioxide emissions. Mendel Bassman founded Smart Tire Recycling in 2016. The current crowdfunding campaign has a minimum target of $9,999.84 and a maximum target of $4,440,500. The campaign proceeds will be used for filling orders from some of the world’s largest tire manufacturers.
Deuce Drone, with a valuation of $16.7 million, is raising funds on StartEngine. The company designs, makes, and sells drone delivery systems to be used by retailers. It solves the last-mile delivery problems by reducing both costs and delivery time. Deuce Drone has already signed two revenue-generating contracts with retailers in the Southeast and has begun the authorization process to become a licensed air carrier. The company is led by an experienced management team and has a team of engineers from top engineering schools. Blaine Holt and Rhett Ross founded Deuce Drone in 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4,022,400. The campaign proceeds will be used to complete the regulatory process.
GenesisAI, with a valuation of $89 million, is raising funds on StartEngine. The company provides a global AI network to buy and sell artificial intelligence technologies. GenesisAI is a machine learning protocol in addition to being a marketplace for AI products and services. It is making AI accessible, affordable, and more efficient. The company is led by an elite team and has reported a 19-times growth in monthly new user registrations. Archil Cheishvili, David Fan, and Mina Pascalito Nassif founded GenesisAI in 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,400,496. The campaign proceeds will be used for growth and expansion.
Aurochs Brewing, with a valuation of $15 million, is raising funds on StartEngine. The brewery makes great-tasting gluten-free craft beer. The beers are brewed with millet, quinoa, and other gluten-free ingredients. They are sold through direct walk-up sales to the tasting rooms or through wholesalers. Aurochs Brewing has grown 800% in the past four years and is ready to expand into 38 states. Ryan Bove and Doug Foster founded Aurochs Brewing in 2012. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $525,000. The campaign proceeds will be used to expand distribution, launch new products, implement cost reductions, and pay down old debt.
Red’s House is raising funds on MainVest. The restaurant offers a Caribbean experience in San Francisco, California. It creates dishes through experimentation and displays creativity and depth to push the boundaries of Caribbean food. The modern Caribbean eatery has turned from pop-ups into a full-fledged business model. Christopher Russell and Sharon Russell founded Red’s House in September 2019. The current crowdfunding campaign has a minimum target of $65,000 and a maximum target of $250,000. The campaign proceeds will be used to secure a lease on proposed space, equipment, and operating capital.
Enviropedia is raising funds on Silicon Prairie Online. The company has developed a new platform and search technology that works on augmented reality, virtual reality, and spatial computing. The platform helps in contextual search, chronological navigation, and spatial computing for the world’s information. Enviropedia provides people with weeks’ worth of research in a fraction of a second and expects to grow from $8.8 million to $18 million in revenue by 2023. Donn Gurule founded Enviropedia in October 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing and the growth of revenue.
LinkTronix, with a valuation of $2.5 million, is raising funds on Netcapital. The company has developed a smart magnetic outlet that helps to reduce electrical injuries, save energy, and improve the lives of consumers. The magnetic wall outlet will work on a patented, advanced double relay safety mechanism that reduces shock hazards and provides an accurate energy supply. LinkTronix has built the proof of concept prototype and has been featured on Fox 13 Tampa Bay. Steve Pink founded LinkTronix in June 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for product development, patent work, and tooling and modeling.
Revohloo, with a valuation of $12.07 million, is raising funds on Netcapital. The company has created a revolutionary music video technology that provides engaging experiences for fans and creates value for artists. The business model of Revohloo favors the compensation of music rights-holders, artists, and advertisers. Revohloo is powered by AdDefender that stitches advertisements into an interactive music video, and delivers one packet to the viewers. Glen DeBarros and Gerardo Melendrez founded Revohloo in March 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for app development, marketing, content development, accounting, office expenses, and salaries.
GZI, with a valuation of $8.5 million, is raising funds on Netcapital. The company has developed a SaaS marketplace that translates scientific innovation into financial technology. The platform aims to repackage global knowledge of the new normal into financial data and portfolio management tools across 16 countries. GZI has already signed NDAs with a few hedge funds and ETF managers. Sean Adler founded GZI in September 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for compensation for managers, rent, insurance, software subscriptions, marketing, and legal expenses.
VTasteCakes is raising funds on Honeycomb. It is a vegan bakery located in Atlanta, Georgia. The bakery has a full suite of vegan desserts made with no dairy, no eggs, and no animal by-products. The offerings of VTasteCakes include cakes, cupcakes, muffins, cookie dough, and cookies. VTasteCakes’ sales grew three times in 2020 and won first place in the Next Big Idea Competition. Jasmyn Reddicks and Aneesha Reddicks founded VTasteCakes in January 2021. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $50,000. The campaign proceeds will be used to open new retail space and purchase equipment.
Adv3nture, with a valuation of $18.8 million, is raising funds on StartEngine. The company manufactures innovative outdoor apparel and backpacks for people involved in adventure and exploration. Adv3nture also offers curated excursions that provide life-changing experiences. Adv3nture is backed by an experienced and passionate team, and its revenue grew by 700% in 2020 compared to 2019. Zane Lamprey and Melissa Lamprey founded Adv3nture in 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $535,000. The campaign proceeds will be used for launching new products and expanding to new locations.
Skeptic Distillery, with a valuation of $9 million, is raising funds on StartEngine. The company creates fresh and smooth natural spirits by retaining the freshness of ingredients by using the cold vacuum distillation process. The spirits of Skeptic Distillery, mainly vodka and gin, do not contain sugar or other additives and are sold at various bars, restaurants, online, and stores. The sales of Skeptic Distillery reached $303,000 in 2020 and are already at $180,000 for 2021. Karl C Loepke founded Skeptic Distillery in 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The campaign proceeds will be used to create and sell off new brands.
GATC Health is raising funds independently through Regulation A crowdfunding. The company provides products and services related to the gathering of human genome DNA, sequencing, and processing the sequence through artificial intelligence. The full spectrum multi-omic analysis of GATC Health is accelerating the work of labs, pharmaceuticals, and clinics. Jeff Moses founded GATC Health in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $54,752,200. The campaign proceeds will be used for research and development, marketing, general and administrative purposes, and strategic acquisitions.
EVO is raising funds independently through Regulation A crowdfunding. The company allows individuals to fund individual sports athletes to become champions through better training, coaching, health, and nutrition. The individuals who invest in the professional athletes receive a percentage of the athletes’ future earnings in exchange. John Norman founded EVO in 2018. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for marketing, salaries and wages, debt and loan repayment, technology development, athlete development, and working capital.
Legion Works is raising funds independently through Regulation A crowdfunding. The company buys SaaS companies and uses its skills to grow the profitability and revenue of these companies. Legion Works implements its growth formula to maximize shareholder value. The team of Legion Works has extensive contacts, impressive history, and first-hand knowledge. Ryan Bettencourt, Mike Kamo, Keiran Flanigan, and Grant Bostrom founded Legion Works in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $49,875,000. The campaign proceeds will be used for the purchase and development of software assets, salaries, equipment, utilities, insurance, and working capital.
