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.
Guac, with a valuation of $18.5 million, is raising funds on Republic. It is a dedicated lifestyle banking app for millennials. The platform helps users set financial goals, track their savings progress, and save money on purchases made through the app. Guac uses advanced micro-savings technology that allows users to save while they spend. It currently has more than 55,000 connected users and has helped them save more than $6 million as of September 2021. Scott Armstrong and Ryan Armstrong founded Guac in 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $3,930,000. The campaign proceeds will be used to double the marketing spend and add more value for the customers.
Sol Bistro St Pete is raising funds on MainVest. It is an upcoming health food restaurant with its menu composed of scratch-made, farm-to-table, and delicious selections. The offerings of Sol Bistro St Pete will be made using locally sourced and fresh produce. The restaurant will also offer grain-free, vegan, and vegetarian options. Debbie DeVico-O’Neil and Ron O’Neil founded Sol Bistro St Pete in July 2021. The current crowdfunding campaign has a minimum target of $7,500 and a maximum target of $15,000. The campaign proceeds will be used to supplement the startup costs due to increases in costs and supply chain issues.
MeetEm, with a valuation of $5.02 million, is raising funds on Wefunder. The company has developed an encrypted video technology that allows users to book virtual video meetings with celebrities, athletes, and other famous professionals. The browser-based technology does not require any apps or downloads and is optimized for all mobile devices, desktops, laptops, and iPads. MeetEm will not charge any monthly fees to users and will offer above-market daily payouts to the talent. Howard Lee Gatch founded MeetEm in December 2017. 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 social media promotions, customer support personnel, tech updates, legal expenses, and hiring part-time staff.
Apex Noire is raising funds on MainVest. The company plans to open a full-service experiential cannabis retail location in Faneuil Hall in Boston, MA. The location will consist of a cannabis retail shop, edible factory, cocktail bar, and lounge. Apex Noire has already secured the medical marijuana license and signed two host community agreements with the City of Boston. Tito Jackson founded Apex Noire in June 2019. The current crowdfunding campaign has a minimum target of $249,900 and a maximum target of $250,000. The campaign proceeds will be used for the buildout of the location as soon as the company receives the building permit and CCC Architectural Review.
Joule Case, with a valuation of $29.9 million, is raising funds on Wefunder. The company has developed a patented technology to provide portable and scalable power to the event-power industry. The power technology of Joule Case is green, clean, highly functional, and economical. Joule Case powers big music festivals, including Burning Man and EDC, and has generated $850,000 in sales since its inception. James Wagoner founded Joule Case in January 2018. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,069,998. The campaign proceeds will be used for manufacturing, sales, and marketing.
Scrapp, with a valuation of $4 million, is raising funds on Wefunder. The company has developed an app that helps people recycle and protect the planet. The app provides recycling guidance to users and makes recycling simple, fun, and rewarding. Scrapp expects to be a UN-certified carbon-neutral business by Summer 2022 and has been invited to exhibit at a national recycling conference by the EPA. Daniel Marek, Evan Gwynne Davies, and Mikey Pasciuto founded Scrapp in May 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 hiring, growth, R&D, and operations.
Slauterhouse Brewing is raising funds on MainVest. The brewery makes great craft beer using local ingredients. It also has a unique taproom and keeps experimenting and trying new things. The offerings of Slauterhouse Brewing include Double IPA, English Mild, White Stout, Bavarian, Stout, New England IPA, Saison, and Belgian Golden. Derek Lees founded Slauterhouse Brewing in 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $150,000. The campaign proceeds will be used to expand, renovate, hire additional employees, and purchase new equipment.
Issuer Pixel, with a valuation of $18.1 million, is raising funds on Wefunder. The company has developed a video and audio sharing platform helping companies connect to the world. The platform uses patent-pending technology to organize content on the basis of countries and industries. Issuer Pixel is currently in the beta stage and growing customers by 150% per month. David Baker, David Guzy, Byron Kwok, and Vadim Tarasov founded Issuer Pixel in October 2020. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $1,999,999. The campaign proceeds will be used for marketing, platform design and development, hiring, and developing proprietary content.
Spirit of Speedway is raising funds on Silicon Prairie Online. It is a one-of-a-kind Indy 500 program that allows investors to invest in the ownership of a race car entry for the Indy 500. The Indy 500 program is an exclusive program through Marotti Autosport that allows race fans to become a part of the team and celebrate the hometown of the Indianapolis Motor Speedway. Will Marotti founded Spirit of Speedway in June 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for the growth and expansion of the Spirit of Speedway program.
Immortal Data, with a valuation of $10 million, is raising funds on Netcapital. The company aims to develop affordable and lightweight software and hardware systems to gather and share sensor data. The solution will cater to the data collection and recovery demands of the aerospace industry. Immortal Data’s patented technology is called Distributed Black Box and will help to collect, store, and safeguard data. Dale Amon and Sunil Ahuja founded Immortal Data in September 2010. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5,000,000. The campaign proceeds will be used for sales and business development, sales commissions, R&D, project management, salaries, financing, and training.
The Tula Mic, with a valuation of $20 million, is raising funds on StartEngine. The company makes beautifully designed and great-sounding microphones for content creators and people working from home. The Tula Mic works well with computers and phones and can also work as a mobile recorder with an internal battery and memory. The product is fully developed and already in mass production. David Arthur Brown founded The Tula Mic in October 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 the development of new products and geographic expansion.
Dryvebox, with a valuation of $15 million, is raising funds on Republic. The company has built and patented a solar-powered trailer with golf simulator technology inside. The simulator will help to make golf cheaper, available to everyone, and judgment-free. The fleet of mobile golf simulators of Dryvebox offers lessons, individual practice, play, and events for people interested in golf. Adeel Yang founded Dryvebox in October 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for growth into new business lines, marketing, brand building, and iterations on box design.
Ritual Motion, with a valuation of $20 million, is raising funds on StartEngine. The company has developed a community platform exclusively for gamers. The platform will help gamers, gaming organizations, and e-sports fans to promote, share, and monetize their brands and assets. Ritual Motion has experienced rapid growth and reached 300 million in audience reach and engagement since its launch. Dana DiPaolo and Bill Cesare founded Ritual Motion in January 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 the growth and expansion of the platform.
Modal Living, with a valuation of $15 million, is raising funds on StartEngine. The company designs, builds, and installs modern and modular backyard homes and offices. The backyard homes and offices help owners maximize space and create more passive income. Modal Living reported a 1,200% growth in revenue from 2019 to 2020 and has signed contracts worth $6.5 million to date. Colin Jube and Dallin Jolley founded Modal Living in January 2019. The current crowdfunding campaign has a minimum target of $9,994.95 and a maximum target of $4,014,513. The campaign proceeds will be used to invest in sales, marketing, and product development.
Apothio is raising crowdfunding on Republic. The company is an agricultural research institution that researches and commercializes hemp. It is in a legal dispute with Kern County for the destruction of 450 acres of Apothio’s plants by the government authorities in 2019. Thereafter, in 2020, Apothio sued Kern County for monetary damages totaling $500 million to $1 billion. The company is now undertaking an initial litigation offering to finance the litigation costs. Dr. Trent Jones and Thomas Kirk founded Apothio in October 2016. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $5,000,000. The campaign proceeds will be used to pay for the litigation expenses.
ReadyB, with a valuation of $7.5 million, is testing the waters on Fundify. The company has developed an app for people to hire or get hired for any service or skill. The on-demand platform connects service providers and service consumers in real-time anywhere across the world. ReadyB currently offers three services, including Hire or Be Hired, Live Video service, and Rideshare. Edan Mimran founded ReadyB in September 2019. 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 to pay for growth and expansion.
CheeseButta is raising funds on SMBX. The company makes a one-of-its-kind melting spread. The spread is made by blending four flavorful kinds of cheese with aromatically seasoned butter. The restaurant serves its unique and famous cheese bread coated with CheeseButta. The product line includes original, habanero, pepperoni, roasted garlic, and smoked bacon flavors. CheeseButta products are relished by home chefs, foodies, recipe-creators, and high-end snackers across the country. Michael Paul founded CheeseButta in 2013. 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 hiring staff, marketing and promotions, inventory, and equipment.
UpStaged Entertainment Group, with a valuation of $12 million, is raising funds on Wefunder. The company has created the first national competition league for performing arts and has launched several performing arts competitions across the country. UpStaged functions as the platform for quality content and audience engagement, catering to 7.5 million student performers across more than 5,300 colleges and universities and 24,000 high schools. Stephan Hartman founded UpStaged Entertainment Group in August 2019. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1,070,000. The campaign proceeds will be used for marketing, technology, Fall 2021/Winter 2022 events, and hiring staff.
VBit DC, with a valuation of $95 million, is raising funds on Wefunder. The company is revolutionizing the bitcoin mining industry with its smart solutions. The solutions of VBit DC aim to make bitcoin mining more efficient and greener with low maintenance costs and a low carbon footprint. VBit DC currently mines more than $1 million in BTC a month and has ordered and secured more than 4,000 Bitmain Antminer S19 and S19 Pro miners. Danh Vo founded VBit DC in September 2019. The current crowdfunding campaign has a minimum target of $1,000,000 and a maximum target of $5,000,000. The campaign proceeds will be used for the acquisition and construction of a new data center, purchasing more computer equipment, hiring more employees, and infrastructure expansion.
Taylor James Financial Services
Taylor James Financial Services is raising funds on SMBX. It is a full-service tax franchise that offers a wide range of tax preparation services and education courses. The company also offers employment to students as tax professionals. The aim of Taylor James Financial Services is to make taxes less taxing and provide fast, convenient, and low-cost access to the clients to their hard-earned money. Aaron House founded Taylor James Financial Services in March 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $125,000. The campaign proceeds will be used for opening new locations and expansion of services.
ZestBloom, with a valuation of $8 million, is raising funds on Wefunder. The company has developed an NFT platform to monetize digital assets. The platform enables decentralized and algorithmic intellectual property solutions and works on the Algorand blockchain. ZestBloom is supporting creators and streamlining the digital media experience for collectors. Ryan Farrell, Jasmine Farrell, and Evan Maltz founded ZestBloom in May 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 hosting and servers, development, marketing, and legal fees.
Yumwoof, with a valuation of $8 million, is raising funds on Republic. The company has created artisanal dog food with natural ingredients. The soft kibble is affordable, minimally processed, and has a shelf life of more than one year without refrigeration. The unique dog food of Yumwoof balances natural ingredients and convenience. Yumwoof is vet-approved and has achieved more than $114,000 per month in revenue in just eight months. Jaron Lukas founded Yumwoof in April 2020. The current crowdfunding campaign has a minimum target of $107,010 and a maximum target of $250,000. The campaign proceeds will be used to introduce several new SKUs and expand into more categories.
Lightsense Technology, with a valuation of $12 million, is raising funds on SeedInvest. The company has developed a patented technology that uses light to detect illicit drugs, pathogens, and diseases. The spectrometer solutions of Lightsense Technology are based on enhanced photodetection spectroscopy and allow handheld instruments to detect pathogens and drugs in minutes. Lightsense Technology has signed a memorandum of understanding (MOU) with a leading technology and engineering company and has many others in discussion. Terje Skotheim founded Lightsense Technology in August 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 for research and development, inventory, sales and marketing, patent filings, CAPEX, and general and admin expenses.
Squatz, with a valuation of $16 million, is raising funds on StartEngine. The company has developed a fitness platform that connects fitness seekers and fitness trainers in real-time. The trainers get to market their skills and leverage their free time, while the fitness seekers get to achieve their fitness goals. Squatz has users in more than 12 countries and demonstrated 87% user growth in its first year. David Anthony Crowley and Jerry Brach founded Squatz in May 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 to launch a line of its own branded fitness products.
Bonfire, with a valuation of $24 million, is raising funds on StartEngine. The company has developed a platform that connects micro-influencers with their fans and increases their cash flow. The platform brings people together based on their interests and connects them with its engagement features. Bonfire has an industry-high referral rate with a virality coefficient of four and a user acquisition to revenue ratio of 1:9. Hugo Pakula founded Bonfire in May 2018. The current crowdfunding campaign has a minimum target of $9,996 and a maximum target of $1,069,998. The campaign proceeds will be used to revolutionize content and subscription monetization.
Foundry Michelangelo by Treasure Investments
Foundry Michelangelo by Treasure Investments, with a valuation of $299 million, is raising funds on StartEngine. It is a fine arts company that creates the world’s finest gold, silver, and bronze sculptures. The company has approximately 2,000 original master molds from 230 of famous artists in history. Foundry Michelangelo by Treasure Investments generated $2.1 million in revenue in 2019 and $2.4 million in 2020. Mark Russo founded Foundry Michelangelo by Treasure Investments in November 2016. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $1,069,999.20. The campaign proceeds will be used to produce and sell its high-end sculptures on a global scale.
Yummy Future, with a valuation of $25 million, is raising funds on Wefunder. The company is creating the coffee shop of the future with its robotic coffee shops. The business uses robotic technology to reduce labor costs and market volatility for coffee shops. The Yummy Future coffeeshops are capable of handling high customer volumes in peak season and reducing running costs during the off-season. Yummy Future has more than 25 pre-orders that it aims to fulfil by mid-2022. Guangzhe Cui and Yueming Yan founded Yummy Future in September 2018. 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 hiring staff, production of new units, and licensing and IP development.
Wash Club LA is raising funds on SMBX. The company offers commercial laundry services to small, medium, and large businesses across Southern California. The laundry services are offered to restaurants, caterers, gyms, and salons through online and mobile options. Wash Club LA uses commercial-grade Dexter and Milnor washers and dryers as well as high-quality, hypoallergenic, and medical-grade detergents. Ross Dodds and Russel Pinkard founded Wash Club LA in July 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used for expansion to a larger facility and the purchase of new equipment.
Whimstay, with a valuation of $33.9 million, is raising funds on StartEngine. The company has developed a vacation rental platform that offers last-minute deals on professionally managed properties. The platform negotiates good deals on unsold inventory to provide the best value to travelers. Whimstay has partnered with more than 580 property management companies for exclusive last-minute deals. Ben Jamshahi founded Whimstay in August 2018. The current crowdfunding campaign has a minimum target of $9,999.48 and a maximum target of $1,069,999.56. The campaign proceeds will be used to develop new engaging products for the platform.
Miso, with a valuation of $150 million, is raising funds on Wefunder. The company has developed a home services booking platform for more than 70 home services, including moving, cleaning, and repair, in South Korea. The app allows users to book the services at a fixed transparent price or request quotes and compare service providers. Miso has had more than 3 million bookings with more than $150 million in gross bookings. Victor Ching founded Miso 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 hiring engineers and marketing.
HoloGear, with a valuation of $20 million, is raising funds on Wefunder. It is an innovative sporting goods and apparel company. The company makes holographic sports products that can be used to play sports at night and exercise safely in the dark. HoloGear uses a proprietary material that is embedded with thousands of reflective beads to reflect light powerfully. Ryan Richards and Jonah Belanger founded HoloGear in May 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 inventory, advertising, research and development, and operations.
Sky Limit Energy is raising funds independently through Regulation A crowdfunding. The company provides one-stop energy services for residential and commercial properties. It provides clean energy solutions, including solar installation, electrical EV, roofing, and general builder services. Sky Limit Energy is also focusing on the research and development of recycled electric vehicle lithium batteries. Mark Senelath founded Sky Limit Energy in 2016. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for marketing and advertising, research and development, working capital, inventory, rent, utilities, and employee compensation.
Moro is raising funds independently through Regulation A crowdfunding. The company sells home furnishings through its web platform. It also invites home professionals, including architects and interior designers, to create a profile on the platform, share information, and upload photos of their work. Moro has several featured designers and featured projects that help people to get inspired. Andrew Christodoulides founded Moro in 2016. The current crowdfunding campaign has no minimum target and a maximum target of $7,500,000. The campaign proceeds will be used for product development, marketing, management hiring, web services and IT expenses, and business development.
MedicaMetrix is raising funds independently through Regulation A crowdfunding. The company aims to provide medical technologies and products to improve health and quality of life for people with chronic diseases. MedicaMetrix currently has two products that it plans to commercialize in the future. ProstaMetrix will be used to measure prostate volume to evaluate the size of a patient’s prostate gland, and SureSet is a single-use intravascular catheter. Robert Rudelius and Satish Vankayalapati founded MedicaMetrix in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $20,000,000. The campaign proceeds will be used for product development, refinement, and additional trials, regulatory filings, global business development and marketing, and management compensation.
