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.
kweliTV, with a valuation of $7.5 million, is raising funds on Republic. The media company curates culturally-rich content for and about Black people. The business uses storytelling to educate, entertain, connect communities, and spark activism. The offerings of kweliTV include independent films, documentaries, web series, animation, and kids shows inspired by Black stories. kweliTV has more than 45,000 registered users and has generated $653,000 in revenue to date. DeShuna Spencer founded kweliTV in May 2015. The current crowdfunding campaign has a minimum target of $25,012.50 and a maximum target of $1,069,987.50. The campaign proceeds will be used for platform expansion, hiring, testing new revenue streams.
Redrock Biometrics, with a valuation of $20 million, is raising funds on SeedInvest. The company uses its patented technology to provide palm biometrics for consumer retail. The company’s technology, PalmID, helps users to register their palms just once and then transact on any device. Redrock Biometrics has key partnerships with companies including Mastercard, Nomura Research Institute, and Trust Stamp and reported 73% year-over-year revenue growth from 2019 to 2020. Leonid Kontsevich and Hua Yang founded Redrock Biometrics in July 2015. 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 operations, sales and marketing, hardware manufacturing, inventory, and R&D.
1463 Dot Ave is raising funds on Small Change. The project is led by and developed for longtime Dorchester residents. It is expected to fill Dorchester’s crucial need for transit-accessible workforce housing. The tenants will have the opportunity to live close to the MBTA Red Line station and Fields Corner commercial corridor. 1463 Dot Ave is being developed by TLee Development, founded by Travis Lee in August 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $200,000. The campaign proceeds will be used for the acquisition and development of the project.
Hound, with a valuation of $5.7 million, is raising funds on Wefunder. The company has designed and developed a job search and recruiting platform for vet med. The platform is built by and for the people of vet med to put people first. Hound’s software supports talent and employers throughout the employee journey. The company is industry-supported and signed more than 500 practices in the first three months of operations. Andrew Luna, Aydan Zeynalova, Austin Villarreal, and Austin Huff founded Hound in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $105,000. The campaign proceeds will be used for product development, advertising, and operations.
SportBLX Securities, with a valuation of $30 million, is raising funds on Wefunder. The company is revolutionizing sports investing through financial markets. The platform allows fans and investors to invest in unique assets in sports and alternative investments. The proprietary technology platform is coupled with an underwriting arm to identify and select teams and athletes and guide the candidates through the securitization process. SportBLX Securities offers securities related to NFTs, exclusive content, and athlete earnings and plans to expand to film, music, and art. George Hall founded SportBLX Securities in April 2020. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $1,070,000. The campaign proceeds will be used for regulatory expenses, legal and accounting, staff compensation, and marketing.
Firebrand Artisan Breads is raising funds on Wefunder. It is a purpose-driven wood-fired bakery. The business makes Oakland’s only wood-fired breads and provides great job opportunities to the formerly homeless or incarcerated. The company doesn’t hire people to bake bread but bakes bread to hire people. Firebrand Artisan Breads generated $6 million in revenue in 2021 and expects to generate more than $12.2 million in 2022 with its new facility in Alameda Point. Matt Kreutz founded Firebrand Artisan Breads in April 2007. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $1,070,000. The campaign proceeds will be used for hiring, working capital, and ongoing employee support programs.
TTC Oncology, with a valuation of $25 million, is raising funds on Wefunder. The company has developed a small molecule to fight hormone-resistant breast cancer. The molecule, TTC-352, is a novel therapy for patients with cyclin-dependent kinase 4/6 refractory, estrogen receptor-positive HER2 breast cancer. TTC Oncology has completed its human clinical trial and has its intellectual property protected until 2033. Arkadiusz Dudek founded TTC Oncology 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 payments to the manager and the development officer, patent and license fees, regulatory consultation, and operational costs.
Rule Breaker Snacks, with a valuation of $8 million, is raising funds on Republic. The company makes 100% plant-based, gluten-free, and allergen-free snacks. The snacks are for health-conscious people and include brownies, blondies, and cookies made using chickpeas, healthy fats, zinc, copper, folate, and other healthy ingredients. Rule Breaker Snacks is sold in more than 3,500 stores nationwide and generated more than $1.1 million in revenue in the past 12 months. Nancy Kalish founded Rule Breaker Snacks in November 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 marketing, promotional programs, and launching a new line extension.
Sell.app, with a valuation cap of $6 million, is raising funds on Wefunder. The platform allows users to buy and sell digital products online and aims to become eBay for digital goods. It helps users create unlimited stores and listings for free, ship the products, generate coupons, and do so much more. Sell.app is the easiest and fastest way to list digital goods online and has $100,000 GMV since launching just five months ago. Yousef Abdulhassan founded Sell.app in April 2020. The current crowdfunding campaign has a minimum target of $125,000 and a maximum target of $500,000. The campaign proceeds will be used for engineering costs, marketing, and hiring.
mcSquares, with a valuation of $18 million, is raising funds on Dalmore Group. The company brings people together for businesses, projects, and schoolwork by making whiteboarding better and more effective. The proprietary products of mcSquares include whiteboarding tools like nesting organizational dry-erase tiles, smudge-free erasable markers, and reusable whiteboard stickies. mcSquares’ revenue has gone up by 1,300% since 2018 and generated a gross profit of $2.1 million and revenue of $2.5 million in 2020. Anthony Franco founded mcSquares in 2016. The current crowdfunding campaign has a minimum and maximum target of $4,000,000. The campaign proceeds will be used for growth and expansion.
Genie Lens, with a valuation of $3 million, is raising funds on Netcapital. The company has developed a free app for social media photo editing and manipulation. The app allows users to promote and sell their products using creativity and fun. The specific editing features of Genie Lens helps users edit their photos based on their unique needs. Rudy De Leon founded Genie Lens in March 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, marketing, app maintenance, app development, and rents.
Arowana Media Holdings, with a valuation of $3.1 million, is raising funds on Netcapital. The company secures rights to undervalued and legacy intellectual property and develops these materials in partnership with production companies and studios. The business identifies such properties after in-depth research and packages them suitably for mass appeal and niche resonance. Mark B. Newbauer founded Arowana Media Holdings in October 2018. 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 compensation, accounting expenses, legal expenses, marketing, acquisition of intellectual property, and development of the existing intellectual property.
PennyFly Entertainment, with a valuation of $7.2 million, is raising funds on Netcapital. It is a record label and entertainment company that provides artists with an alternative to major labels. The company offers fair profit splits, flexible deal terms, and access to some specific music industry channels. The business model of PennyFly Entertainment works on partnership revenues, “label for hire” services, merchandise and streaming revenues, and other projects. Tyler Prescott founded PennyFly Entertainment in May 2017. 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 payroll, marketing, CFO contract, insurance, hosting, travel, new equipment, and telecommunications.
ThisWay Global, with a valuation of $40.5 million, is raising funds on Wefunder. It is an artificial intelligence-powered platform that matches all people to all jobs without any bias. ThisWay Global supports businesses, spurs economic growth, and helps unemployed people get jobs. The company is a Google Startup with backing from Amazon and has onboarded more than 4,000 companies. Angela Hood founded ThisWay Global in 2016. The current crowdfunding campaign has a minimum target of $49,998 and a maximum target of $4,999,998. The campaign proceeds will be used for sales and marketing, hiring more people, additional partnership integration, operations, research and development, and patents.
Manor Park Construction is raising funds on SMBX. The construction company is based in Washington, DC, and focuses on kitchen, bath, and basement remodeling. The company is a member of the National Kitchen and Bath Association and uses the latest technology to work on projects and communicate with partners and customers. Manor Park Construction was voted Next Door’s Favorite Local Contractor for two years in a row and plans to expand to cover more business opportunities. Reuben Pemberton III founded Manor Park Construction in August 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $200,000. The campaign proceeds will be used for working capital and purchasing vehicles that will serve as material hubs and small offices.
LunaDNA is raising funds independently through Regulation A crowdfunding. The company has built the world’s first and largest database of human health, including genomic and phenotypic data. The business makes the database available to researchers with its members’ consent and facilitates new discoveries, new treatments, and greater predictive power of genomic information. LunaDNA has collaborations with companies including Genomelink, Genetic Alliance, San Diego Blood Bank, and The University of Vermont Health Network. Joe Beery, Dawn Barry, and Bob Kain founded LunaDNA in 2018. The current crowdfunding campaign has no minimum target and a maximum target of $2,100,000. The campaign proceeds will be used for operational funding.
