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.
Connect by Stars On Board, with a pre-money valuation of $16.02 million, is testing the waters on Netcapital. The company creates and presents entertainment events to communities across the world. The events management company hosts outstanding celebrities and stars to perform across continents. Ray Fares and Youssef Harb founded Connect by Stars On Board in February 2020. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,000,000. The proceeds will target hiring and expansion, marketing, R&D, legal expenses, and general & administrative expenses. Connect by Stars On Board released its first app in 2019 and has pre-signed more than 100 A-list celebrities and 180 million followers.
Proof Bread, a bakery in Mesa, AZ, is raising crowdfunding on MainVest. The bakery has captured the attention of the community with its old-world sourdough bread and pastries. It has a loyal following, with an average of 1,500 customers per week. Proof Bread is owned by Jonathan Przybyl and Amanda Abou-Eid. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $150,000, will be used for the renovation of the bakery. Proof Bread grew during the pandemic and diversified into various sales channels. The bakery is led by an experienced and passionate team that is regularly increasing its skills and grit.
Protxx, with a valuation cap of $12 million, is raising crowdfunding on Wefunder. The medical technology company has developed wearable sensors that transform the lives of people with complex neurological conditions. The phybrata sensor of Protxx detects involuntary motions of the body, analyses them, and quantifies the impairments. John Ralston founded Protxx in 2016. The proceeds of the current crowdfunding campaign, with a minimum goal of $250,000 and a maximum goal of $1,070,000, will be used for product development, sales and marketing, pilot deployments, IP and regulatory filings, and G&A expenses. Protxx’s PAAS model enhances the management and treatment of stroke, concussions, multiple sclerosis, and Parkinson’s.
PopViewers, with a $15 million valuation, is raising funds on Wefunder. It is a community-driven entertainment platform that brings power and analytics to media consumers. The platform helps users find the content that is right for them, along with creating a community. Chris Witherspoon founded PopViewers in April 2018 and raised $1.4 million in previous rounds of financing. The current crowdfunding round has a minimum raise of $200,000 and a maximum raise of $1,070,000. The raise proceeds will be used for building the Android version and the data analytics platform, retaining CMO, and rolling out new features. PopViewers has upcoming partnerships with Netflix, Hulu, CNN, and NBCUniversal.
Arlene, with a valuation cap of $6 million, is raising crowdfunding on Republic. The company offers a full suite of self-service tools and managed services that make immersive technology — including 3D, AR, and 360 experiences — more accessible and results-driven. The platform provides experiences that integrate with advertising, analytics, and engagement measurement. Colin Jacobsen, Bob Reisenweber, and Hermes Frangoudis founded Arlene in 2017. The proceeds of the current crowdfunding round, with a minimum target of $25,000 and a maximum target of $500,000, will be used to continue the development of the tools, establish the company, and grow partnerships with top brands. Arlene’s launch partners include The Sill, Coach, Revo, and Flowcode. The company achieved an MRR of $10,000 entering 2021.
GroGuru, with a pre-money valuation of $14.7 million, is raising funds on StartEngine. The company is helping farmers by using sustainable ways to increase crop yield and reduce the consumption of water and other resources. GroGuru implements strategic irrigation management and uses soil sensors to measure soil salinity, temperature, and moisture. Patrick Henry, Farooq Anjum, and Jeff Campbell founded GroGuru in June 2014. The current crowdfunding campaign has a minimum raise of $10,000 and a maximum raise of $3,930,000. The funds will be used for expenses related to product development, sales channel expansion, and growth. GroGuru has patent-protected technology and has deployed more than 2,000 sensors across more than 80 customers in the US.
Noble Pies, a pie bakery and farm in New York, is raising crowdfunding on Honeycomb. The bakery makes award-winning sweet and savory pies fresh every day. The pies are made using fresh, highest-quality, and locally sourced ingredients. Leslie and Tom Noble founded Noble Pies in 2009. The current crowdfunding campaign has a minimum raise of $50,000 and a maximum raise of $110,000. The proceeds will target opening a new location, purchasing a delivery vehicle, and marketing costs. Noble Pies is a locally-grown business with a loyal customer base. The flavorful pies of Noble Pies are loved by customers of all ages.
Joolez, with a valuation cap of $4 million, is raising funds on MicroVentures. The company has developed a jewelry marketplace that uses artificial intelligence to match customers with their ideal diamond engagement rings. The algorithm will change how customers shop for diamond rings online and get the perfect match for themselves. Yuri Iskhakov founded Joolez in December 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for marketing, R&D, equipment purchases, and general working capital. Joolez aims to give customers access to more than one million diamonds through its large diamond and jewelry trading networks.
Streamport, with a valuation cap of $6 million, is raising funds on Wefunder. The company has developed a streaming portal that fits unlimited video content, both live and on-demand. It works like a shopping mall for content and allows content owners to distribute their content internationally. Sorin Mihail Pigulea founded Streamport in October 2020. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for advertising, brand awareness, equipment, strategic content acquisition, and operations expenses. Streamport has end-to-end proprietary technology without any third-party dependencies. It has unlimited capacity for shops and high user scalability connected to demand.
Pakt, with a valuation cap of $9 million, is raising crowdfunding on Republic. The company makes unique, refined, and well-designed travel gear for modern travelers. The products of Pakt are environment-friendly and meant to last a long time. Malcolm Fontier founded Pakt in December 2012. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000. The raise proceeds will be used to build out the product line and expand with amazing new products. Pakt has generated $4.6 million in lifetime revenue and has sold more than 24,000 units to date. The revenue grew by 32% year-over-year, even during COVID-19.
Ayoba, with a valuation cap of $7 million, is raising funds on Republic. The company makes premium, no-sugar, tender beef snacks. The meat biltongs of Ayoba are air-dried, made of grass-fed beef, and are made without any chemicals, soy, or nitrates. Wian van Blommestein and Emile van Blommestein founded Ayoba in May 2018. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000. The funds will be used to expand the meat snacks offerings, maintain the following on consumer trends, and invest in the R&D pipeline. Ayoba was selected by Kraft Heinz for its First Ever Incubator Program called Springboard and has been voted “Best Meat Snack” by The TODAY Show.
Compass Recovery, a substance abuse treatment facility in Agawam, MA, is raising funds on MainVest. The addiction treatment center provides personal and direct care for adults in its outpatient programs. The center offers accountability, empathy, compassion, connection, and empowerment to the patients. Dino Bedinelli founded Compass Recovery in August 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $150,000, will be used towards advertising, facility improvements, and working capital. Compass Recovery is a treatment option for more than 17,000 western Massachusetts residents. It is offering services that are highly in need and demand.
Whooshh Innovations, with a pre-money valuation of $84.9 million, is raising crowdfunding on StartEngine. The company is developing innovative solutions to enable selective fish passage, restore natural habitat, and limit carbon dioxide. The sustainable fish passage solutions of Whooshh Innovations save fish, clean water, and protect the planet. Vincent Bryan III founded Whooshh Innovations in 2007. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,999.50. The raise proceeds will be used for the sustainable growth of both the food and energy industries. Whooshh Innovations has 48 patents granted and 50 others pending. The company made nine deployments in 2020 and remained cash flow positive for the year.
Vin Social, with a $17 million valuation cap, is raising funds on Wefunder. The company offers virtual hospitality services for top brands and tech companies through its online programs, e-commerce platform, and national product fulfillment capabilities. Sara Moll founded Vin Social in July 2020. The proceeds of the current crowdfunding campaign, with a minimum raise of $50,000 and a maximum raise of $1,070,000, will be used to improve the e-commerce platform and tech infrastructure, hire new team members, and acquire new customers. Vin Social has generated $750,000 in revenues since its launch and is on track to reach $1 million in revenues in the first year. The current clients of Vin Social include Adweek, Cisco, Amazon, Verizon, and many others.
GenesisAI, with a valuation of $49.02 million, is raising funds on NetCapital. The company provides a global AI network to buy and sell artificial intelligence technologies. GenesisAI is a machine learning protocol, in addition to being a marketplace for AI products and services. It is making AI accessible, affordable, and more efficient. GenesisAI was founded by Archil Cheishvili, David Fan, and Mina Pascalito Nassif in 2018. The proceeds of the current round of crowdfunding, with a minimum goal of $10,009.30 and a maximum goal of $1,070,000, will be used towards payroll, sales and marketing, accounting, and legal expenses. GenesisAI already has agreements with more than 20 AI firms and has the potential to become one of the most valuable technology companies of all time.
Jade & Jasper Hair Lounge, an upcoming barbershop in Kirkland, WA, is raising crowdfunding on MainVest. The salon will offer the best in hair services, including custom balayage, long-lasting color, master barbering, organic hair care products, and aromatherapy candles. Crystal Hart Magallon and Steven Magallon founded Jade & Jasper Hair Lounge in January 2021. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $45,000, and the funds will be used towards space buildout, inventory, and equipment. Jade & Jasper Hair Lounge helps busy professionals take a break from the stressors of life. It also ships the products to the customers’ door using compostable materials.
Supreme Foods Franchising, with a pre-money valuation of $20 million, is raising crowdfunding on TruCrowd. It is a franchise management corporation that aims to use quick-service concept acquisitions, healthy menu options, and exciting brands to open locations worldwide. The excellent franchise options will help entrepreneurs build brands and create income. Waleed Shamsid-Deen founded Supreme Foods Franchising in December 2020. The current crowdfunding raise has a minimum goal of $10,000 and a maximum goal of $1,070,000. The raise proceeds will target the development of the franchise system, marketing and PR, business development, legal and accounting expenses, and operations. Supreme Foods Franchising will focus on fresh ingredients and made-to-order for better experience and profits.
Igloo Mountain Lodge, with a valuation cap of $5 million, is raising funds on Wefunder. The company offers sustainable lodging solutions in the heart of the Washington Cascade mountains. The monolithic domes of Igloo Mountain Lodge are designed and equipped for short-term rentals, with all the amenities of a modern rental home. Youri Benoiston founded Igloo Mountain Lodge in June 2020. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,070,000. The funds will be used to build more Igloos with power, water, internet, septic, and road access. Igloo Mountain Lodge caters to a beautiful and unserved location in WA and will be able to break ground with minimal funding and low risk of stalling out.
Atreyu Group, with a pre-money valuation of $24 million, is raising crowdfunding on Wefunder. The company is powering the future of trading with its technology-driven trading platform. The platform facilitates access to quant and algo trading to all. George Kledaras founded Atreyu Group in 2014. The proceeds of the current crowdfunding round, with a minimum raise of $49,989 and a maximum raise of $1,069,997, will be used towards marketing, hiring, and general corporate purposes. Atreyu Group generated more than $6 million in revenue in 2020, with a 115% year-over-year revenue growth. The platform has already supported the trade of 9 billion shares and has a strong future potential.
Flat Out of Heels, with a pre-money valuation of $6 million, is raising funds on StartEngine. The company makes rollable ballet-style flats that can either be used as an emergency flat or worn every day. The shoes can be rolled and kept in purses due to their compact design. Dawn Dickson founded Flat Out of Heels in 2011. The current crowdfunding campaign has a minimum target of $9,994 and a maximum target of $1,069,995, and the funds will be used to fund growth and expansion. Flat Out of Heels has been promoted by celebrities like Swin Cash and Eva Longoria and featured in publications such as CNN, Yahoo, Huffington Post, and Forbes.
Upright, with a $5 million valuation cap, is raising crowdfunding on Republic. The company makes and sells instant oat milk that is ready to use just by adding water. Upright oat milk is high-protein, allergen-free, creamy, and is available in three delicious flavors. Betty Tang and Thu Ra founded Upright in April 2019. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $1,070,000, will target the launch of commercial production and begin the next stage of growth. Upright estimates the earning to be around $12 per unit, with gross margins of 60%. The company has a projected ARR of $44 million by the end of 2024.
Restaurant. com
Restaurant.com, with a valuation of $30 million, is raising funds on Republic through Reg A+ crowdfunding. The platform connects diners, businesses, restaurants, and communities and helps diners save money at thousands of restaurants across the country. Ketan Thakker founded Restaurant.com in 2001. The current crowdfunding round has no minimum with a maximum goal of $10,000,000. The funds will be used towards marketing, operations, sales, legal expenses, auditing, information technologies, and outstanding liabilities. RDE has over 8 million customers and has helped them save more than $1 billion through its restaurant deals. The company generated revenue of $10.6 million in 2019 and plans to grow further with its unique business model and technology upgrades.
