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.
Snowbelt Cannabis is raising funds on MainVest. It is a legal cannabis business and plans to become the legal cannabis cultivator in the city of Jamestown, New York. The business will cultivate cannabis sustainably and will ensure environment consciousness, low energy consumption, proper recycling, and water conservation. Snowbelt Cannabis will focus on a high-quality, safe, and high-grade product. Ashley Baron and Ryan Peterson founded Snowbelt Cannabis in August 2021. The current crowdfunding campaign has a minimum target of $80,000 and a maximum target of $107,000. The campaign proceeds will be used for supplies, labor, and buildout.
Drink Monday, with a valuation of $24.5 million, is raising funds on SeedInvest. The company makes non-alcoholic cocktails that give the look, feel, and taste of adult beverages. The healthy and tasty beverages of Drink Monday work great for health conscious consumers without putting tomorrow at risk. Drink Monday has generated $5 million in lifetime sales and has been featured in Forbes, Vogue, and HuffPost. Chris Boyd, Ben Acott, Marcelo Kertesz, Ryan Mulvany, Tonya Wearner, and Brad Seipp founded Drink Monday in June 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $3,000,000. The campaign proceeds will be used for new product development, marketing, team expansion, retail expansion, international expansion, and supply chain expansion.
Doodeo, with a valuation of $12 million, is raising funds on Wefunder. The platform is like LinkedIn for entertainers and allows users to connect, collaborate, and find opportunities. It uses artificial intelligence to connect clients looking for entertainers with the entertainers looking for work. Doodeo has 3,400 registered users and has generated $390,000 in gigs income for its artists. Rony Hage founded Doodeo in 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $426,000. The campaign proceeds will be used for customer support, business development, marketing and sales, and workforce.
Proof in Recovery, with a valuation of $8 million, is raising funds on Wefunder. The company is developing digital therapeutics that will help improve treatment and recovery for substance abuse patients. The technology platform of Proof in Recovery can also be used for remote patient monitoring to provide clinicians with the data to make informed care decisions. Proof in Recovery is led by a passionate team and has a revenue opportunity of $925 million. Zachary Ratliff founded Proof in Recovery in January 2018. 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 building the alpha version of the app, branding and website design, and development and expansion of digital therapeutic exercises.
Curenta, with a valuation of $28.8 million, is raising funds on StartEngine. It is an online pharmacy serving long-term care providers. The solution is working on the unique complexity of long-term care and solving communication and delivery issues. Curenta has already signed up 243 facilities and has gross margins of 48% and a quarterly growth rate of 50%. Ramy Barsoum Mikhail founded Curenta in August 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,968. The campaign proceeds will be used for growth and expansion.
Shine Registry, with a valuation of $2.5 million, is raising funds on Wefunder. The company has developed a gift registry for entrepreneurs. It allows the people and organizations that care about the entrepreneurs to provide unique funding solutions to help lift their companies off the ground. Shine Registry has paid partnerships with entrepreneur support organizations and has also partnered with NationBuilder to drive 22,000 actions. Emily Wazlak and David Weinberger founded Shine Registry in October 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $249,000. The campaign proceeds will be used for product development costs, salaries, and marketing.
Blazing Star Cafe is raising funds on MainVest. It is a bagel bakery that delivers wholesale bagels to Community Supported Grocery, a local artisanal delivery service in Charleston, SC. The bakery plans to open its first location where it will serve some traditional bagels and some modern combos. The offerings will feature flavored cream cheeses, hot and cold drinks, and a dessert menu. Bettina Fisher founded Blazing Star Cafe in August 2020. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $100,000. The campaign proceeds will be used for equipment and an outdoor shaded patio.
Outfield, with a valuation of $17.2 million, is raising funds on StartEngine. The company has developed a performance-based CRM for sales representatives to improve and perform better. The business has solved CRM adoption problems with its focus on driving sales performance and rep motivation. Outfield has expanded across multiple markets in 50 different countries and generated $1 million in revenue in 2020. Austin Rolling and Adam Steele founded Outfield in December 2016. The current crowdfunding campaign has a minimum target of $9,999.12 and a maximum target of $1,069,998.56. The campaign proceeds will be used for growth and expansion.
AUDEA, with a valuation of $12.3 million, is raising funds on StartEngine. The company has patented an autonomous smart headphone technology to create smart speakers and headphones. The integrated and user-adjustable 13 band equalizer of AUDEA allows users to simplify and enhance their music experience. AUDEA supports Google Voice Assistant and can be customized with many apps to meet any application. Douglas Kihm founded AUDEA in February 2014. 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 releasing new software and the next generation of smart speaker models.
Cabo Vegan is raising funds on MainVest. It is a Cabo Verdean vegan restaurant in Brockton, MA, that aims to cater to a meat-free lifestyle, serving vegan or plant-based Cabo Verdean cuisine. Cabo Vegan has already established a base and gained demand during its soft launch and aims to become the satellite for veganism in the south shore. Tome Andrade and Valery Teixeira founded Cabo Vegan in June 2020. 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 operating capital.
ScanHash, with a valuation of $2.02 million, is raising funds on Netcapital. The company has developed technology to help people recover their lost cryptocurrency. The innovative program of ScanHash launches and integrates with the technology systems of customers to search for clues and traces of their private keys, digital wallets, and logs and records. Robert Waterman founded ScanHash in February 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 engineering and development, marketing, and general and administrative expenses.
SimGraphics Engineering, with a valuation of $1.3 million, is raising funds on Wefunder. The company has pioneered in real-time 3D interactive characters and created directable-AI technology for autonomous operation. The technology allows brand ambassadors of companies to directly talk to their customers either at physical kiosks or over the internet. Richard W. Parker founded SimGraphics Engineering in April 1985. The current crowdfunding campaign has a minimum target of $100,003 and a maximum target of $500,011. The campaign proceeds will be used for engineering, general management, sales and marketing, services, and operations.
HotelsByDay, with a valuation of $15 million, is raising funds on Wefunder. The hospitality company provides daytime hotel services for people to work, live, and play. HotelsByDay is catering to the increasing demand for daytime hotel rooms and services during the times of COVID-19 and work from home. HotelsByDay sold $17 million of otherwise idle daytime services with a massive 400% inventory increase in 2022. Yannis Moati founded HotelsByDay in July 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 technology, marketing, and operations.
Kare Mobile, with a valuation of $8 million, is raising funds on Wefunder. The company is revolutionizing the dental care industry with its proprietary software. The software connects Medicaid patients to dentists for same-day treatment. Kare Mobile has formulated a $500,000 partnership with Delta Dental and Lightship Foundation and has helped launch seven mobile dental clinics in 2021. Kwane Watson founded Kare Mobile in May 2017. 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 marketing, expansion of the fleet of vans, SEO and landing page development, and legal expenses.
Curly Tail Coffee is raising funds on Honeycomb. It is a coffee roaster and mobile coffee shop that serves coffee through its drive-in, at weddings, and through its online store. Curly Tail Coffee won the Best New Food Truck award and the Pittsburgh Penguins’ Women Empowerment Grant. Nicole Waltenbaugh founded Curly Tail Coffee in June 2017. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $200,000. The campaign proceeds will be used for purchasing a new coffee roaster and coffee trailer, working capital, and refinancing debt.
Summit Environmental Contractors
Summit Environmental Contractors, with a valuation of $19.5 million, is raising funds on StartEngine. It is an environment consulting and contracting company that helps to solve modern infrastructure challenges. The business works directly with public agencies and infrastructure contractors to remediate environmental pollution. Summit Environmental Contractors has a proven management team and growing customer base. David Aronne founded Summit Environmental Contractors in December 2008. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,999. The campaign proceeds will be used to expand and scale the operations.
KUL MOCKS, with a valuation of $5 million, is raising funds on Republic. The company makes original handcrafted cocktails without any alcohol. The business has worked with the best flavorists and food scientists to create alcohol-free cocktails that do not compromise taste. The products of KUL MOCKS are healthy, convenient, great-tasting, and alcohol-free. Danielle Goss and Nate Goss founded KUL MOCKS in October 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used to increase margins, launch new products, and expand.
Whereable Technologies, with a valuation of $44.5 million, is raising funds on StartEngine. The company has developed a sophisticated Software-as-a-Service platform along with a wearable personal emergency device for at-risk and lone workers. Whereable Technologies’ RiskBand provides rapid emergency response assistance to work as first responder assistance. The device was deployed in 2019 and achieved more than 500% revenue growth in 2020. A. Dale Mayo founded Whereable Technologies in March 2015. 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 growth and expansion.
SMARTfit, with a valuation of $49.1 million, is raising funds on StartEngine. The company makes game-changing fitness equipment with a focus on brain health. The neuro-cognitive gym of SMARTfit enhances brain-body health and enhances human performance. SMARTfit comes in low impact and high impact models, and its programs include geriatric rehab, neuro and orthopedic rehab, early childhood education, and boxing and martial arts. Catherine Lamberti, James Manley, and Tom West founded SMARTfit in May 2013. The current crowdfunding campaign has a minimum target of $9,999.36 and a maximum target of $1,069,999.84. The campaign proceeds will be used for growth and expansion.
TrioWave, with a valuation of $7.5 million, is raising funds on Wefunder. The company builds bio-stimulation solutions for overcoming chronic pain. The products of TrioWave include its PainKARE series and FaceKARE series that target chronic pain from muscles, tendons, and nervous systems and face contour rebuild, respectively. Hardy Zhu founded TrioWave in February 2014. 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 marketing, US manufacturing, operations, patent filings, and resource acquisition.
Palate Club, with a valuation of $13 million, is raising funds on StartEngine. The company has created a digital taste app that uses taste-matching technology to assess customers’ palates. After profiling, sommelier-curated wines are matched to the unique preferences of users. Palate Club has already shipped more than 2,800 orders with an average order value of $125 and reached $71,000 in revenue in 2021. Nicolas Mendiharat founded Palate Club in October 2017. The current crowdfunding campaign has a minimum target of $9,999.45 and a maximum target of $1,069,997.85. The campaign proceeds will be used for marketing and app launch.
RYSE USA is raising funds on Wefunder. The company has developed the most affordable solution to automate window shades. The smart home devices of RYSE USA have four patents awarded and help to save energy. The products of RYSE USA are focused on retrofit, smart home integration, affordable luxury, and energy savings. The business has generated more than $2.3 million in revenue in the last two fiscal years. Trung Pham founded RYSE USA in July 2017. 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 and advertising.
Podetize, with a valuation of $7.5 million, is raising funds on Republic. The company has developed a platform for producing and monetizing podcasts with ads. The platform is revolutionizing the traditional podcast revenue model with its smart marketing, production, syndication, and advertising. Podetize has a 93% client retention rate and generates an LCV of $14,820. Tracy Hazzard founded Podetize in May 2017. 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 significant expansion, customer addition, and revenue generation.
Hydro Hash is raising funds on Republic. The company provides liquid-cooled crypto mining powered by renewable energy. The application-specific integrated circuits of Hydro Hash can be run cool and have extended longevity and higher efficiency. Hydro Hash offers a dynamic selection of coins or algorithms to mine based on profitability. James McGibney founded Hydro Hash in December 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 expansion and scaling up.
Zero Carbon, with a valuation of $25 million, is raising funds on Wefunder. The company is working on bringing the smallest and ultra-low emission waste to hydrogen energy converted to the market. The technology will help to reduce global warming and bring about environmental protection. Zero Carbon’s space technology is developed by Fraunhofer Institute IKTS of Germany and is cost-effective and easy to operate. Julien Uhlig founded Zero Carbon in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $314,324. The campaign proceeds will be used for property, plant and equipment, sales and marketing, and operations.
Civic, with a valuation of $6 million, is raising funds on Wefunder. The social good platform connects people to causes in the community. The platform helps people looking for a good cause to make a difference and helps find donors and volunteers. Civic is the world’s only social network for civic engagement where people can find events, connect with a cause, discuss and engage, and donate. Matias Burdman and Thomas Connelly founded Civic in February 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $249,000. The campaign proceeds will be used for engineering, marketing, and operations.
Martin Henry Cinemas is raising funds on MainVest. It is a new movie theatre in South Portland, Maine. The theatre creates 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 $10,000 and a maximum target of $30,000. The campaign proceeds will be used to replace broken equipment, hire additional staff, and additional inventory.
Sports News Corp, with a valuation of $10 million, is raising funds on SeedInvest. It is a digital media platform that provides in-depth content for dedicated sports fans. The company launched BasketballNews.com in 2020 and functions as a one-stop destination for all basketball-related content online. It soon plans to launch FootballNews.com and GolfNews.com. Chad Horstman founded Sports News Corp in March 2021. 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 operations, expansion, and marketing.
Fresh Kills, with a valuation of $3.37 million, is raising funds on Netcapital. The gripping drama tells the story of the women of an organized crime family in the boroughs of New York City. The film is less about the mafia world and more about the journey of women. Fresh Kills is written and directed by Jennifer Esposito. The film will generate revenues through theatrical distribution, foreign distribution, DVD sales and rental, digital distribution, television broadcasts, and NFTs. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $3,500,000. The campaign proceeds will be used for movie production and admin expenses, annual compliance and filing fees, and annual exchange fee.
ABC Fintech, with a valuation of $42.4 million, is raising funds on Wefunder. The company aims to democratize commercial real estate investing using blockchain technology. The business fractionalizes commercial real estate using blockchain and creates liquidity. ABC Fintech closed $3 million of commercial real estate in 2021 and aims to close $50 million in 2022. Matthew Andelman and Doug McCright founded ABC Fintech in August 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,069,940. The campaign proceeds will be used for marketing, technology, hiring staff, and legal expenses.
Smartbin.io, with a valuation of $6 million, is raising funds on Wefunder. The company has developed a fully autonomous trash bin collecting robot. The automated robotic waste collection platform of smartbin.io works through its bin collecting robots, smart bins, and analytics. The company is led by an award-winning team and has patents pending in the US and Canada. Andrea Bulgarelli and Hamoun Karami founded smartbin.io in January 2020. 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 robotics leasing, purchasing, prototyping, hiring staff, purchasing equipment, and operating costs.
NYCE’s Temple II, with a valuation of $6 million, is raising funds on Wefunder. The company is developing Phase II and III of the student housing development called Philicon Square. The building will function as the coliving community for the students of NYCE’s Temple University. The project will consist of 84 tech-powered coliving units and has a projected valuation of $11 million once built. Philip Michael and Martin Braithwaite founded NYCE’s Temple II in December 2020. The current crowdfunding campaign has a minimum target of $99,999 and a maximum target of $1,099,987. The campaign proceeds will be used for capital reserves, marketing, and development operations.
Hentze Family Farm Hospitality
Hentze Family Farm Hospitality is raising funds on SMBX. It is a diversified farming operation in the Willamette Valley outside Oregon. The farm specializes in cherries, berries, green beans, and nuts and is well-positioned to expand into hop farming and brewing. Hentze Family Farm Hospitality has already done a few prototypes for its brews and created its extraordinary and flavorful dank hop with lots of citrus and minerality. Patrick Fay and Kasey McEldowney-Fay founded Hentze Family Farm Hospitality in March 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $100,000. The campaign proceeds will be used to purchase equipment for the new brewhouse.
Phoenix American Hospitality is raising funds on Rialto Markets through Regulation A crowdfunding. It is a real estate company that aims to buy premium hotels at COVID-depressed prices, run them, and sell them for profits. The business will also manage and improve the hotels while it owns them. Phoenix American Hospitality aims to generate high returns with its focus on location, proven performance, strong national brands, and multiple revenue sources. W.L. Nelson founded Phoenix American Hospitality in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $50,000,000. The campaign proceeds will be used to acquire more properties.
Abundant Robots is raising funds on Dalmore Group through Regulation A crowdfunding. The company aims to automate orchard agriculture to reduce labor shortages during the annual harvest season. The business has already acquired the intellectual property for harvesting robots specialized for apple picking. Abundant Robots is currently in the prototype stage and plans to sell automated harvesting robots to farms. Dan Steere and Curt Salisbury founded Abundant Robots in 2015. The current crowdfunding campaign has no minimum target and a maximum target of $24,000,000. The campaign proceeds will be used for product development, personnel, and general overhead expenses.
Piestro, with a valuation of $80 million, is raising funds on Dalmore Group through Regulation A crowdfunding. It is an automated pizza shop that delivers artisanal pizza in less than three minutes. It is a revolutionary pizzeria that makes zero contact pizzas, with zero food waste, lower cost of production, and high quality. Piestro is led by a seasoned team with food and robotics experience and is revolutionizing the food industry with its innovative design. Massimo Noja De Marco founded Piestro in 2017. 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, personnel, general overhead expenses, and marketing.
