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.
NODABL Networks, with a valuation of $25 million, is raising funds on Fundify. The company provides 5G broadband networks and private LTE as a service and enables enterprises to leverage the power of data. The 5G/LTE network of NODABL allows businesses to get hassle-free network ownership and maintain full control over the network. NODABL Networks has already established development partnerships and has attractive financials. Aroon Tungare founded NODABL Networks in January 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 for business development, pre-sales engineering, business processes, staff compensation, and spectrum license reserve.
Passion Tree, with a valuation of $29.5 million, is raising funds on StartEngine. The company crafts high-quality hard seltzer with superior flavors. The hard seltzer of Passion Tree is highly rated, contains 5.5% alcohol, and comes in exotic fruit flavors. Passion Tree has a triple-digit growth rate and has signed deals with Caribbean partners to launch in Puerto Rico this year. Jacob Ryder, Garrett Olsen, and Andrew Kuklock founded Passion Tree in January 2020. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,995. The campaign proceeds will be used for global expansion.
LIFT Aircraft, with a valuation of $189 million, is raising funds on StartEngine. The company has created a drone for people that is leading the urban air mobility revolution. LIFT is using distributed electric propulsion technology, autonomous flight control systems, and its patented design to create the personal drone. LIFT Aircraft is in the pre-commercial stage and has 15,000 people on waitlists in 25 US cities. Matt Chasen founded LIFT Aircraft in September 2017. The current crowdfunding campaign has a minimum target of $9,998.94 and a maximum target of $4,999,978.06. The campaign proceeds will be used for developing the LIFT vertiport locations and the introduction of a certified aircraft.
bluShift Aerospace, with a valuation cap of $18 million, is raising funds on Wefunder. It is a commercial rocket company that uses earth-responsible, carbon-neutral, and bio-derived fuel to provide space launch services. The company works as an Uber to space with its suborbital and orbital launch services. bluShift Aerospace is expected to be cash-flow positive in four years and increase its net margin to 50% in seven years. Sascha Deri founded bluShift Aerospace in 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4,000,000. The campaign proceeds will be used for labor expenses, materials and licensing costs, R&D, and operating expenses.
TransCrypts, with a valuation cap of $10 million, is raising funds on Wefunder. The company has developed a platform that uses blockchain to help human resource departments issue employment and income verification documents. The platform works on a monthly basis and creates blockchain-based employment and income verification forms. TransCrypts is currently beta testing with more than 30 companies, including Zoom and Spirit Airlines. Zain Zaidi and Ali Zaheer founded TransCrypts in September 2020. The current crowdfunding campaign has a minimum target of $9,999.90 and a maximum target of $966,704.97. The campaign proceeds will be used for growth and expansion.
The Hot Dog Box is raising funds on MainVest. It is an American restaurant run by a father-daughter duo out of a shipping container in Chicago, Illinois. The restaurant represents family, culture, creativity, and entrepreneurship and aims to help other family duos set up their businesses. The Hot Dog Box is known for typical American comfort foods and superb customer service experience. Bobby and Brooklyn McAfee-Leason founded The Hot Dog Box in July 2020. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $75,000. The campaign proceeds will be used for operating capital.
AgTechLogic, with a valuation of $6 million, is raising funds on StartEngine. The company is developing and accelerating precision agriculture technology to improve growing food. The technology will also help in protecting the resources, reducing the amount of herbicides, and increasing the profitability of farmers. The advanced sensor technology of AgTechLogic reduces chemical usage by up to 90%, thus impacting farmers’ profits, soil health, and food insecurities. Thomas Gauthier founded AgTechLogic in September 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 research and development, app development, and expansion.
OpenAxis, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform to democratize storytelling. The platform allows users to visualize, share, and collaborate with data to tell stories through simple data visualization. OpenAxis works on a freemium subscription Software-as-a-Service model and has hundreds of users on the beta waitlist. Alex Damianou, Patrick Russo, and Andrew Chung founded OpenAxis in November 2020. 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 hiring and AWS expenses.
Warehouse Republic, with a valuation of $25 million, is raising funds on Wefunder. The company provides logistics and warehousing for e-commerce sellers. Warehouse Republic charges a simple all-inclusive flat fee of $35 per pallet per month, with no processing fees, holiday surge fees, or long-term storage fees. The company has been profitable and is on track to reach $2 million in revenues in 2021. Mark Taylor and Abhi Dobhal founded Warehouse Republic in February 2018. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $3,000,000. The campaign proceeds will be used for marketing, technology development, and recapitalization of the balance sheet.
Qinta, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a self-driving wallet for people to meet their financial goals and earn higher interest rates. It provides affordable, simple, and accessible wealth-building solutions to the users and helps them generate good returns. Qinta has its working prototype developed and tested and has more than 2,000 users signed up for early access. Melvin Noche and Ivy Andreenkova founded Qinta in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $650,000. The campaign proceeds will be used for marketing, product development, technical resources, and legal and administrative expenses.
WedFun App, with a valuation of $11 million, is raising funds on Wefunder. The company has developed a wedding planning app combined with a wedding lifestyle streaming channel. The app helps to reduce the stress related to wedding planning by putting everything needed in one place and through WedFun original productions. WedFun App has partnered with Canva and can leverage its 51 million monthly users. Marc Conneely and Patrick Whitfield founded WedFun App in September 2020. 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 app enhancement, video content creation, and marketing.
Voatz, with a valuation of $35 million, is raising funds on Wefunder. The company has developed an app to make voting secure, accessible, and digital. The app is addressing the unmet needs of democracy and is creating mobile voting as the future of voting. Voatz has served 1.9 million voters at 82 successful elections and generated $2.3 million in lifetime revenues. Nimit Sawhney and Simer Sawhney founded Voatz in December 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4,999,994. The campaign proceeds will be used for security technology operations, product development, marketing, communications, and hiring.
Kunduz, with a valuation of $45 million, is testing the waters on Wefunder. The company has developed an educational app that instantly answers students’ questions and makes learning faster and cheaper. The app has an extensive AI-based library that answers 80% of the questions automatically and gives a Software-as-a-Service-level gross margin. Kunduz has been used to answer more than 40 million questions by 35,000 tutors in three countries and has more than 30,000 paying users. Basar Basaran, Melih Sener, and Baris Bilgic founded Kunduz in 2018. The current crowdfunding campaign has a minimum target of $100 and a maximum target of $100,000.
Humblemaker Coffee, with a valuation of $9.68 million, is raising funds on StartEngine. The coffee brand creates functional wellness products that support healthy and active living. The retail shops of Humblemaker Coffee serve coffee, espresso drinks, and cold brew with zero sugar and zero that are made with natural products. Humblemaker Coffee launched with UNFI, the largest health and specialty food distributor in North America, in April 2021. Chris Smith founded Humblemaker Coffee in March 2016. The current crowdfunding campaign has a minimum target of $9,996 and a maximum target of $1,069,992. The campaign proceeds will be used for launching new SKUs and opening new locations.
The Palacio Corporation, with a valuation of $9 million, is raising funds on Netcapital. It is a product development company that creates high-quality consumer goods, luxury products, and fitness and wellness products. The three divisions of The Palacio Corporation include Palace Living, Palacio Fitness, and Palacio International. The company has many patents pending, including its patent on PetraBells, PetraBars, and PetraBalls. John F. Ambielli and Maria Celia Ambielli founded The Palacio Corporation in November 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,992. The campaign proceeds will be used for marketing, manufacturing, product acquisition, rent and equipment, and compensation for managers.
Tap Systems, with a valuation of $51.3 million, is raising funds on Wefunder. The company has developed a patented input solution that works well for augmented and virtual reality systems. The input solution of Tap Systems is easy, fast, accurate, and eyes-free and solves the problems related to the current slow and error-prone input solutions. Tap Systems has tens of thousands of customers and has generated $2 million in sales to date. David Schick and Dr. Sabrina Kemeny founded Tap Systems in February 2015. The current crowdfunding campaign has a minimum target of $200,001 and a maximum target of $4,999,999. The campaign proceeds will be used for research and development, sales and marketing, and general and administrative expenses.
BitGreen is raising funds on Republic. The company has built a DeFi-native blockchain protocol that enables climate and sustainability finance. The protocol has been built to be the home of all ESG activity on blockchain and consolidates several environmental and social initiatives. BitGreen is built on Polkadot Network, and its initial product is near completion. Adam Carver founded BitGreen in September 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 to bring about positive global change and introduce durable and innovative incentive structures to shape human behavior.
ReThink Ice Cream, with a valuation of $5 million, is raising funds on Republic. The company makes low-sugar and tummy-friendly ice creams using all-natural ingredients, collagen, whey protein isolate, and prebiotic fiber. ReThink Ice Cream is currently available with 500 retailers and expects to generate a revenue of $1.35 million in 2022. George Haymaker founded ReThink Ice Cream in 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $410,000. The campaign proceeds will be used for marketing campaigns, R&D for recipe development, inventory investment, and onboarding new retail partners.
Brik + Clik, with a valuation of $12 million, is raising funds on Republic. The company provides end-to-end commerce solutions for brands and retailers. The business offers turnkey retail spaces, an online marketplace, and a unique VR store to enable seamless direct-to-consumer sales. Brik + Clik was launched in October 2020 and has generated $410,000 in revenue in 13 months. Hemant Chavan and Eric Hirani founded Brik + Clik in August 2019. 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.
Mona Lisa by Lil Pump is raising funds on Republic. Mona Lisa is a new single by Lil Pump and features Soulja Boy. The song is expected to release in the fourth quarter of 2021 and has a preview available. Lil Pump is one of the most popular hip-hop artists and has pushed the SoundCloud rap scene from underground to mainstream. Lee James Parsons founded Mona Lisa by Lil Pump in August 2021. 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 recording and marketing the song.
The Postage, with a valuation of $10 million, is raising funds on MicroVentures. The company has developed a platform to make legacy planning simple and affordable for all. The platform guides users through everything they need to keep their legacy and family organized. It helps in making wills, planning end-of-life, managing passwords, and document storage. The Postage has had more than 1,140 users since its beta launch in July 2020. Emily Cisek and Robbie Wright founded The Postage in December 2019. 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 marketing, R&D, and general working capital.
Zirconia, with a valuation of $20 million, is raising funds on StartEngine. The company makes clean and sustainable ceramic coatings for green infrastructure. The ceramic coatings of Zirconia eliminate porosity and instability. They also strengthen, repair, and preserve concrete and steel infrastructure. The coating does not require kilns and can be cured at room temperature. Benjamin T. Cook founded Zirconia in May 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 marketing, the launch of new products, and geographical expansion.
SmartTab, with a valuation of $80 million, is raising funds on StartEngine. The company is developing ingestible capsules for drug delivery of targeted medications. It is validating next-gen wireless ingestible drug delivery technologies and has also developed InjectTab to replace medical injections. SmartTab has already obtained proof-of-concept through its preclinical proof-of-concept study. Robert Niichel founded SmartTab in March 2016. The current crowdfunding campaign has a minimum target of $9,998.11 and a maximum target of $1,069,992.57. The campaign proceeds will be used to create new drug delivery platforms and revolutionize the digital drug delivery process.
Cortex, with a valuation of $20 million, is raising funds on Republic. The company has developed an AI-powered platform for creative testing. The platform tells advertisers what content will work and why to help them save billions of dollars. Cortex has a $300,000 run rate in the third quarter of 2021 and expects to reach a $3 million run rate by the fourth quarter of 2022. Brennan White and Matt Peters founded Cortex in May 2014. 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 for marketing, expansion of the team, acceleration of data capture, and securing patents.
HeartFoods Group is raising funds on Wefunder. The business grows fresh and organic foods year-round using recycled nutrients, carbon, water, and energy from local food wastes. The company is transforming the food system with the implementation of a circular economy. HeartFoods Group has net-zero design goals and aims for net-zero waste, net-zero energy, net-zero water, and net-zero carbon. Mark Buehrer and Janet Buehrer founded HeartFoods Group in October 2020. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $2,000,000. The campaign proceeds will be used for hiring, engineering design templates, and startup costs.
Quants Compete, with a valuation of $7 million, is raising funds on Netcapital. The company has developed a highly scalable robo-advisory platform. The platform aims to help invest client funds in the stock market and manage their portfolios using automatic trading models. It offers sophisticated trading strategies and automatic portfolio rebalancing. Quants Compete’s MVP is in alpha testing, and the backend code is being stress tested. Matthew Jones founded Quants Compete in March 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $700,000. The campaign proceeds will be used for marketing, website development, recruitment, advertising, backend development, and overhead costs.
Maison Provence is raising funds on MainVest. It is a Southern French restaurant that serves authentic and affordable French food in the heart of Williamsburg, Brooklyn, NY. The restaurant serves classic French recipes with a modern twist and has an affordable and delectable menu. Maison Provence has been the number one French restaurant in Brooklyn for more than 10 years on Yelp and Foursquare and has a loyal customer base. Laurent Dantonio founded Maison Provence in September 2021. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $55,000. The campaign proceeds will be used for space buildout and decoration, equipment, inventory, working capital, and marketing.
Shared Capital Cooperative is raising funds independently through Regulation A crowdfunding. The company provides financing to cooperatively owned businesses across various sectors, including manufacturing, agriculture, retail, and housing. The business caters to cooperatives that create a positive impact, and it earns revenue from interest and fees on its lending activities. Shared Capital Cooperative was founded by a group of cooperatives in 1978. The current crowdfunding campaign has no minimum target and a maximum target of $15,000,000. The campaign proceeds will be used to make loans to or equity investments in the cooperative’s members.
