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.
Speedy Eats, with a valuation of $21 million, is raising funds on StartEngine. The company has developed automated, quick-service, and standalone kitchens for drive-throughs, deliveries, and walk-ups. The kitchen units of Speedy Eats allow food operators to deliver a seamless customer experience and increase their cash flow and profitability. Speedy Eats kitchens are positioned to capitalize on the quick service restaurant market. Frederic Speed Bancroft founded Speedy Eats in March 2019. The current crowdfunding campaign has a minimum target of $9,999.24 and a maximum target of $1,069,992.84. The campaign proceeds will be used for beta testing, completion of Generation-2 and Generation-3 units, and launch.
Smoove Xperience, with a valuation of $20.8 million, is raising funds on Netcapital. The company has developed an AI-powered travel app for planning, booking, and managing travels. The app simplifies awesome experiences and comes with unique curated experiences through recommendations, travel guides, and user-generated content. Smoove Xperience operates in Singapore and plans to launch soon in Hong Kong, Australia, New Zealand, and Oceania markets. Greg Duffell, Michael Tan, and Francis Ong founded Smoove Xperience in September 2020. 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 for marketing, sales, customer acquisition, technology R&D, staff recruitment, and mobile app update.
CAO Pharmaceuticals is testing the waters on Silicon Prairie Online. The pharmaceutical company specializes in oral and non-toxic cancer treatment options using camptothecin (cpt). The company is testing a cpt derivative, CZ48, for toxicity and efficiency against cancers of the bladder, breast, kidney, lungs, ovary, pancreas, and prostate. Zhisong Cao founded CAO Pharmaceuticals in May 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 the Phase 2 FDA trial, trial expenses, laboratory rental, utilities, expenses, and pipeline medication development.
Venganza Foods, with a valuation of $10 million, is raising funds on Wefunder. The business sells plant-based Mexican food. All the meats of Venganza Foods are made from tofu skin or vegetables, and all cheeses are soy-based. Venganza Foods sells its products through pop-ups, grocery stores, and direct-to-consumer distribution. The business has generated $500,000 in lifetime revenues with 25% month-over-month growth. Raul Medina founded Venganza Foods in July 2021. 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 marketing, procurement of supplies, and operational overheads and salaries.
Bee My Blessing is raising funds on Honeycomb. The company provides fundraising opportunities around life-sustaining honeybees and honey. The business gives fundraising opportunities to youth organizations and humanitarian efforts and helps the environment and life sustenance of honeybees. Michael Carr founded Bee My Blessing in March 2022. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $200,000. The campaign proceeds will be used for equipment costs, building, inventory, honey kitchen, and beekeeper pay.
PieBooking is raising funds on Dalmore Group. The company has developed a booking app that promotes barbering professionals and enables them to focus on their own brand. The app puts the barbers first and helps them in client management, payment processing, marketing management, analytics, calendar management, social media integration, and appointment scheduling. PieBooking is led by an experienced team and has several competitive advantages. Chris Bossio, Amorial Bennett, and Daniel Santana founded PieBooking in January 2022. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $4,000,000. The campaign proceeds will be used for growth and expansion.
Univenture, with a valuation of $17.2 million, is raising funds on Wefunder. It is a diversified product company with unique growth products and technologies that meet customer needs. The products of Univenture are used by business and industrial customers for marketing, packaging, and communication. Univenture’s three growth platform brands include EnvyPak, UniKeep, and CardNoter. The business has reported $430 million in total sales and has been profitable for 27 years. Michele Cole and Ross O. Youngs founded Univenture in June 1988. The current crowdfunding campaign has a minimum target of $300,000 and a maximum target of $5,000,000. The campaign proceeds will be used for follow-on investment in Biosortia, new product development, marketing and sales support, and debt reduction.
Kountable, with a valuation of $35 million, is raising funds on Wefunder. The company has developed a business-to-business marketplace to unlock trade opportunities with speed and scale. The marketplace promotes sustainable trade and gets large-scale impact projects over the finish line. Kountable has completed $70 million in contract sales in five years resulting in $3.8 million in revenue. Christopher Hale founded Kountable in February 2015. The current crowdfunding campaign has a minimum target of $200,000 and a maximum target of $250,000. The campaign proceeds will be used for financial operations, taxes, and sales and marketing.
Three Sisters Meats is testing the waters on Silicon Prairie Online. The company crafts Northern Spanish-style dry-cured chorizo. The aim of the business is to provide authentic, all-natural, and clean chorizo to the American charcuterie market. The chorizo of Three Sisters Meats is created with no artificial colors, flavors, sugar, or preservatives and uses a centuries-old recipe rooted in Leon, Spain. Three Sisters Meats has an online store and sells its chorizo across the United States. Jaime Acebes Fernandez founded Three Sisters Meats in April 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $75,000. The campaign proceeds will be used to cover the production and operational costs, increase the marketing capabilities, attend food and trade shows, and attain purchase orders from prospective customers.
Localvore, with a valuation of $9.8 million, is raising funds on StartEngine. The company has developed a scalable platform to connect conscious consumers with local restaurants, support local restaurants, and enable free meals for people with food insecurity. The platform works for local restaurants that support local food producers and comes with an added functionality of letting hungry people order food from restaurants associated with the Everyone Eats program. Daniel White and Michael Nedell founded Localvore in October 2011. The current crowdfunding campaign has a minimum target of $9,999.99 and a maximum target of $889,999.89. The campaign proceeds will be used for growth and expansion.
The Bearded Baking Company is raising funds on Honeycomb. The bakery makes baked goods using family and community recipes from North Carolina. The offerings include thick-mounded cookies in bold flavors, layer cakes, and pies made using high-quality ingredients. The business currently operates from home and plans to move to a storefront soon. Wes Dills founded The Bearded Baking Company in January 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 for storefront space, delivery vehicle, electric rack oven, freezer, and smallwares.
IZOLA is raising funds on MainVest. It is a top bakery in San Diego that makes croissants and warm sourdough. The business is reinventing the American bakery with its superior products, elevated hospitality, and warm hot-from-the-oven offerings. The products are made using high-quality ingredients and served hot all day. IZOLA has generated 384% year-over-year growth and has reached profitability in less than two years. Jeffrey Brown and Jennifer Chen founded IZOLA in January 2005. 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 the buildout of the hybrid production and cafe space.
Karla & Co, with a valuation of $12 million, is raising funds on StartEngine. It is a clothing and accessories brand for Latinas. It is created by Latinas for Latinas and helps people express their culture through their apparel. The apparel of Karla & Co is high quality and affordable and empowers the members of the Latin culture. Karla & Co is one of the first Latina brands to be launched on Etsy and has a customer retention rate of 45%. Karla Butvidas founded Karla & Co in August 2017. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,006,998. The campaign proceeds will be used to rebrand the products and website, create an app, hire more people, and begin YouTube development.
Intentionalist, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform to connect consumers with small and diverse businesses. The directory of businesses on Intentionalist includes all communities, including Asian-owned, Black-owned, Latino-owned, veteran-owned, LGBTQ-owned, and woman-owned. The platform directs the spending of consumers toward a more inclusive economy. Intentionalist generated $600,000 in revenue in 2021, with a year-over-year increase of 166%. Laura Clise founded Intentionalist in December 2017. 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 engineering and product development, business development, and marketing.
DvyUp, with a valuation of $1 million, is raising funds on Wefunder. The company has developed an app to democratize the stock market and enable social investing. The app makes social investing fun and allows people to invest with their friends and family. The investors get to create a community, pool their money, minimize their risks, and make smart investments. DvyUp will also teach investors the basic principles of investing. Michelle Nealy, Jeffrey Chance, and Christopher A Rogers founded DvyUp in January 2020. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $1,070,000. The campaign proceeds will be used for web development, legal aid, staffing, administrative costs, and marketing.
AllIDoIsCook, with a valuation of $8 million, is raising funds on Wefunder. The business makes and delivers high-quality food with authentic African flavor. The company aims to make African food accessible by providing a range of top-quality, affordable, and ready-to-eat African food products. AllIDoIsCook has cooked and delivered 26,000 meals since 2019 and generated $1.5 million in revenue. The business sells through its website and grocery stores and has products listed in Phonecia Specialty Foods in Houston, Texas. Tobi Smith and Bethany Oyefeso founded AllIDoIsCook in January 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for production, branding, marketing, distribution, and operations.
Halen Technologies, with a valuation of $20 million, is raising funds on Wefunder. The company has developed an all-in-one app for rideshare, food delivery, grocery delivery, retail delivery, flight booking, and vacation rental. The app uses artificial intelligence and machine learning to offer multiple services and improve user experiences. Halen is a super app that aims to provide comfort and convenience in a moving world. Edward Mbeche, Chandra Gundlapalli, and Kennedy Ross founded Halen Technologies in April 2021. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $2,500,000. The campaign proceeds will be used for application development, marketing, branding, staffing, franchise development, and media outreach.
Tipsy Cupcakes is raising funds on MainVest. It is a bakery located in Richmond, VA, and specializes in alcoholic and virgin cupcakes. The business is unique with its alcoholic cupcakes concept and combines what people love the most – alcohol and something sweet. Tipsy Cupcakes hosts a variety of events and features a cafe-style environment. The business also sells merchandise to create brand awareness, including mugs, business cards, flasks, and shot glasses. Shavondi Cousins and Charmesha Cousins founded Tipsy Cupcakes in June 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $50,000. The campaign proceeds will be used to renovate the location.
Coin and Card Auctions is raising funds on Dalmore Group. The company has developed a solution to remedy the faults and inconsistencies in the collectibles market. The business has developed a nano-scanning technology that can be used to grade the quality of collectibles. The technology compares users’ coin or card data with the data on a deep neural network using AI and machine learning. Coin and Card Auctions also uses its patent-pending digital fingerprinting for numismatic coins and sports cards. Michael Johnson founded Coin and Card Auctions in May 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 growth and expansion.
GeoSolar Technologies is raising funds independently through Regulation A crowdfunding. The company plans to install natural energy systems in residences, green new apartments, and commercial buildings. The natural energy system, known as the GeoSolar Plus System, combines solar power, geothermal ground-sourced energy, and other clean energy technologies into one integrated system. The GSP system will provide the energy required for cooling, heating, electric vehicle charging, cooking, and air purification. Stone Douglas founded GeoSolar Technologies in 2020. The current crowdfunding campaign has no minimum target and a maximum target of $10,000,000. The campaign proceeds will be used for working capital and general corporate purposes.
Item 9 Labs is raising funds on Dalmore Group through Regulation A crowdfunding. The company makes and sells cannabis-derived products in licensed medical and adult-use dispensaries. The business also sells cannabis dispensary franchises under its franchise brand, Unity Rd. Item 9 Labs has won cannabis licenses in 17 states, more than 45 cannabis and franchise industry awards, and more than 300 franchise awards in 15 countries. Andrew Bowden founded Item 9 Labs in 2010. The current crowdfunding campaign has no minimum target and a maximum target of $42,000,000. The campaign proceeds will be used for the acquisition of retail dispensary businesses, cultivation and production businesses, working capital, and general corporate purposes.
