Below are the latest equity crowdfunding raises begun this past week. For additional information, we encourage KingsCrowders 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.
Thirty Three Threads, with a pre-money valuation of $36 million, is raising funds on StartEngine. It is a collection of premium athleisure brands that make apparel, accessories, and socks. The Thirty Three Threads collection is known for its style, design, and innovation. The three top brands of Thirty Three Threads include ToeSox, Tavi Noir, and Base 33. Joe Patterson founded Thirty Three Threads in 2004. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000, and the funds will be used to expand the offerings and grow the distribution. The products of Thirty Three Threads are sold through 6,000 locations in 64 countries. The brands have collaborations and partnerships with companies like Disney.
Eyes 4 Lives, with a post-money valuation of $11.28 million, is Testing the Waters on NetCapital. The company has developed a unique artificial intelligence-powered software solution to minimize or prevent vision-related problems related to the use of phones and computers. The software solution monitors the usage of digital devices by individuals and coaches them to better eye health. Roger L. Wu founded Eyes 4 Lives in 2010. The proceeds of the current crowdfunding campaign, with a minimum raise of $10,000 and a maximum raise of $1,000,000, will be used for software development, patent expansion, efficacy study, and compensation for managers. Eyes 4 Lives has 12 patents issued in the US, Taiwan, and China. The solution is particularly helpful during COVID-19, when everyone is highly exposed to digital devices.
American Brewers, a brewery in Kalamazoo, MI, is raising funds on MainVest. The brewery currently offers 13 flavors of mead made at Norse Nectar Meadery. The meads are unique and flavorful with hints of honey. American Brewers is planning to expand into brewing and distilling. Thomas McGuire founded American Brewers in 2012. The current crowdfunding round has a minimum goal of $175,000 and a maximum goal of $250,000. The funds will be used for the expansion of the tasting room, new brewery, the new distillery, and capital expenses. American Brewers is led by an experienced and passionate team that creates new innovations regularly.
Forrest Hill Brewing Company, an upcoming craft brewery and taproom in Amesbury, MA, is raising crowdfunding on MainVest. The brewery aims to brew high-quality craft beer in a lot of varieties. The diverse menu will be served in a warm and welcoming environment. Craig Penno founded Forrest Hill Brewing Company in February 2020. The proceeds of the current crowdfunding raise, with a minimum target of $150,000 and a maximum target of $250,000, will be used for space buildout, supplies, equipment, furniture, and landscaping. Forrest Hill Brewing Company will operate as Mill 77 Brewing Company and is expected to open in the summer of 2021.
Ciari Guitars, with a valuation cap of $4.5 million, is raising funds on Wefunder. The company makes and sells the revolutionary folding travel guitar, Ascender. The guitar has a patented folding system that makes it convenient for storage and transportation. It unfolds easily when needed and is ready to rock. Jonathan Spangler founded Ciari Guitars in 2016 and has raised over $2 million since the inception. The current round of crowdfunding has a minimum goal of $100,000 and a maximum goal of $1,000,000. The proceeds will be used for product development, marketing, debt repayment, and hiring. Ciari Guitars solves the guitar mobility problem with its patented design. It was lauded by Forbes as the most convenient guitar in the world.
Crossflix Plus, with a $10 million valuation cap, is raising crowdfunding on Wefunder. It is a virtual reality/3D streaming faith channel for families and churches. The channel has over 1,700 hours of video on demand and has partnered with over 10,000 churches and pastors. Alan Mehrez, Gil Ilutowich, Ilan Goldberg, and Shai Newman founded Crossflix Plus in August 2020. The proceeds of the current crowdfunding raise, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for development and marketing. Crossflix Plus offers 3D and VR courses, games, and journeys for all ages. It aims to equip churches with modern digital technology to help them reach new generations across the world.
Benevet, with a pre-money valuation of $1.98 million, is raising funds on Wefunder. The company has developed a telehealth platform for pet owners and veterinarians. The platform allows veterinarians to hold online appointments, maintain medical records, offer audio and video consultations, and keep photo and video storage. Dan Guralnick and David Guralnick founded Benevet in August 2020. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $525,000, and the proceeds will be used for designing and building desktop and app platforms and marketing. Benevet stores all the medical data centrally and enables veterinarians to work more efficiently.
Backstage Capital, an investment advisory company focused on women, people of color, and LGBTQ founders, is raising crowdfunding on Republic. The company provides funding to companies with underrepresented founders. It offers companies access to capital and resources and education to the people interested in investing in startups. Arlan Hamilton founded Backstage Capital in 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,070,000, and the funds will be used to grow and expand. Backstage Capital has already invested in over 160 companies, and the first 100 companies funded by Backstage Capital raised more than $250 million.
RedOak Instruments, with a post-money valuation of $7.9 million, is Testing the Waters on NetCapital. The company makes biomedical devices that help in the quantitative measurement of fine motor skills. The instruments allow doctors to measure patients’ functionality, helping them with their diagnosis. Richard Behlmann founded RedOak Instruments in 2008. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,000,000, will be used for software development, marketing and sales, development of tech support, manufacturing, compensation, and staff support. The medical device of RedOak Instruments is FDA-approved, quick, and non-invasive. The company will either sell or lease the instrument to generate initial revenue of about $5,000 per device per year.
Opyrus, with a pre-money valuation of $4.05 million, is raising funds on Wefunder. The company has developed an inspiring self-betterment solution that helps writers to grow, collaborate, and create. The system helps people to improve their lives by writing. Arthur Gutch founded Opyrus in 2008 and has raised over $3.8 million since the inception. The proceeds of the current crowdfunding raise, with a minimum target of $50,000 and a maximum target of $250,000, will be used for marketing and traction, product development, and payroll and operations. Opyrus has developed a commercial product with over 12,000 customers, 250,000 registrations, and 309,000 prospects. The solution is reinventing writing with its AI-based writing for life platform.
Drink Monday, with a $7 million valuation cap, is raising crowdfunding on Republic. The company manufactures and sells non-alcoholic drinks that deliver a modern cocktail experience. Monday Gin of Drink Monday allows people to enjoy cocktails, socialize, and wake up feeling fresh without any hangover. Christopher Boyd founded Drink Monday in June 2019. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000. The proceeds will be used to launch new products, grow, expand internationally, and increase the overall revenue. Drink Monday reported $1.38 million in sales in its first nine months in the market and projects to reach $5.3 million in revenue in 2021.
Offix, with a pre-money valuation of $10 million, is raising funds on StartEngine. The company provides studio spaces to entrepreneurs in the cosmology, graphics, and fitness industries. The studio spaces are equipped with smart solutions, waiting lounges, kitchen facilities, and other perks to make the business owners and their clients feel comfortable. Lior David founded Offix in 2018. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,070,000, will be used for expansion in Chicago and across the country. Offix has already achieved a 28% monthly profit margin since July 2020, despite COVID-19.
Taste Labs, with a pre-money valuation of $4.97 million, is raising funds on StartEngine. The company has developed an AI-powered platform that provides reviews and recommendations uniquely tailored for the customers’ specific interests or tastes. The solution works on a humanistic AI and provides an accurate match. John Lin and Justin Messina founded Taste Labs in 2018 and raised $725,000 in the previous round of crowdfunding. The current crowdfunding campaign has a minimum raise of $9,999.48 and a maximum raise of $534,999.78, and the funds will be used for growth and expansion. Taste Labs reported a 76% year-over-year growth in the organic user base, and the return-on-ad-spend went up to 289%.
Here to Serve Holding Corp, with a pre-money valuation of $8.4 million, is raising crowdfunding on TruCrowd. The company acquires undervalued nickel assets and prepares them for price appreciation. It has 177 mining claims in the nickel-rich Timmins Mining Camp in Canada. Paul Riss founded Here to Serve Holding Corp in 1983. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used towards exploration and research, operating expenses, travel, salaries, drilling costs, and legal fees. Here to Serve Holding Corp is publicly traded on the OTC markets and is already profitable.
TransitNet, with a $6 million valuation cap, is raising funds on Wefunder. The company aims to provide titles to cryptocurrencies so that they become safe and can be used as collateral for loans. TransitNet is creating a title registry to confirm ownership of digital currencies in crypto wallets. Eric Jackson and Christopher Grey founded TransitNet in January 2020. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used for product development, software and servers, and marketing and sales. TransitNet is led by an experienced team and plans to help crypto reach its full potential.
Sentry AI, with a $12 million valuation cap, is raising crowdfunding on Republic. The company is using artificial intelligence for security and safety with its AI Video Analytics. The technology detects people and vehicles, recognizes faces, and identifies unusual behavioral patterns. Uday Kiran Chaka founded Sentry AI in 2017 and has raised more than $1 million in previous rounds of funding. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000, and the proceeds will be used to enhance the proprietary network and technologies, develop more custom use cases, and improve the Smart Surveillance Platform. Sentry AI has already installed over 30,000 cameras in 36 countries and has processed more than 200 million images.
Tropical Racing, one of America’s finest horse racing franchises, is raising funds on Republic. The thoroughbred racing and breeding operations are located on 200 acres of Kentucky bluegrass and aim to produce world-class thoroughbred racehorses. Troy Levy founded Tropical Racing in 2017 and has raised over $4.9 million since the inception. The proceeds of the current crowdfunding campaign, with a minimum goal of $100,000 and a maximum goal of $1,070,000, will be used to have more thoroughbred horses in its portfolio. Tropical Racing has more than $3.4 million in assets and 50 thoroughbred racehorses. It is led by a team with decades of experience in the racing industry.
Fork & Fire Neighborhood Wings
Fork & Fire Neighborhood Wings, an upcoming wings joint in Oro Valley, AZ, is raising crowdfunding on MainVest. The business has functioned as a small food truck for years and plans to open its first brick-and-mortar location. It will offer unpretentious and delicious comfort food to people in a fun and spirited atmosphere. Joshua Bishop and Brent Ralston founded Fork & Fire Neighborhood Wings in February 2021. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $107,000, will be used for buildout, equipment, marketing, and operating capital. Fork & Fire Neighborhood Wings is a story of three brothers sharing their love for food and feeding people.
Mushin Sports Lounge, an upcoming sports bar in Oakland, CA, is raising funds on MainVest. The boutique sports lounge will provide a premium viewing experience and work as a gathering space for sports viewing parties and space for business parties. Baba Afolabi founded Mushin Sports Lounge in 2019. The current round of crowdfunding has a minimum target of $100,000 and a maximum target of $250,000, and the funds will be used for the operating capital. Mushin Sports Lounge will be a membership-only lounge and function as a sports haven for international sports, including rugby, soccer, and cricket.
Western Reserve Distillers, an organic craft distillery in Lakewood, Ohio, is raising funds on Honeycomb. The distillery produces a wide range of organic spirits, including gin, rum, vodka, bourbon, rye whiskey, wheat whiskey, Blanco, and reposado. Kevin Thomas and Ann Thomas founded Western Reserve Distillers in 2014. The proceeds of the current crowdfunding campaign, with a minimum goal of $75,000 and a maximum goal of $300,000, will be used to purchase barrels of aged whiskey from Kentucky, Indiana, and Tennessee and purchase raw materials for the agave spirit barrel-aged program. Western Reserve Distillers’ spirits have received several awards, including Tequila Aficionado’s Brand of Promise award.
Bodha.ai, with a valuation cap of $7 million, is raising crowdfunding on Wefunder. It is an artificial intelligence-driven platform that integrates talent acquisition and OKR performance to achieve team cohesion. The system unifies pre-hiring and post-hiring processes and matches candidates with jobs without any bias. Karl Cadet and Sathish Pammi founded Bodha.ai in May 2020 and have raised over $190,000 since its inception. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $400,000, will be used for marketing and hiring developers and marketers. Bodha.ai is led by a strong team with decades of experience in cognitive science and AI.
precursor spc, with a valuation cap of $25 million, is raising funds on SeedInvest. The company has developed the technology to measure energy buildup preceding earthquakes and forecast earthquakes using AI. It reduces the human and economic damage caused by earthquakes. Clive George Cook founded precursor spc in 2017. The current round of crowdfunding has a minimum raise of $25,000 and a maximum raise of $1,070,000. The proceeds will be used for analytics, systems engineering, business development, forecasting operations, and admin expenses. precursor spc has successfully forecasted 50 earthquakes in five countries. It has also been awarded a joint contract from the US and UK defense departments.
Charlie Foxtrot Brewing, an upcoming brewery in North Port, Florida, is raising funds on MainVest. The brewery will serve as a place for the local community to enjoy quality beer and entertainment together. Charlie Foxtrot Brewing is owned by Nicolas York and Timothy Price, two United States Army Veterans. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $50,000, will be used for space buildout, equipment, and working capital. Charlie Foxtrot Brewing has partnered with The 22 Project in Delray, Florida. The business has raised initial prototype funds through business pitch competitions. It aims to help the veterans transition well and turn their bonds of friendship into a brotherhood.
Graze, with a valuation of $23 million, is raising funds on StartEngine through Reg A+ crowdfunding. The company makes and sells fully-autonomous electric lawn mowers for the landscaping industry. The electric lawnmowers of Graze help reduce labor costs, operator injuries, and fuel costs. John Vlay founded Graze in 2017. The current crowdfunding round has a minimum target of $1,000,000 and a maximum target of $10,000,000. The proceeds will be used for product development, personnel, and general overhead expenses. Graze has non-binding commercial contracts worth a potential value of more than $19.35 million. The company is led by an experienced management team and is set for growth.
