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.
Kornr Store is raising funds on Small Change. The business is owned by Purpose8 Real Estate and plans to open at 6224 16th Street, Detroit. The building is planned to be renovated into a two-bedroom, one-bathroom residential rental unit with features including a community green space. The first floor of the same building will carry the Kornr Store selling essentials, including coffee, baked goods, personal goods, home goods, and small business products. Brinda Devine founded Kornr Store in December 2018. 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 development costs and renovations.
Chingu is raising funds on MainVest. It is an upcoming Korean restaurant in Kansas City, MO, with inspiration from street foods, Korean bbq, and home cooking. The restaurant aims to have a fun and interactive environment with childhood favorites on its menu. The food at Chingu will be paired with a full bar program with a curated selection of beers, wines, and spirits inspired by Korean and other Asian flavors. David Son founded Chingu in July 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for the buildout of the restaurant.
Ludus, with a valuation of $20 million, is raising funds on Republic. The company has developed web-based software to meet the unique needs of performing arts organizations. The software contains tools that help arts organizations manage their marketing, ticketing, fundraising, and other functions while having ease of use and flexibility to grow with the organizations. Ludus has partnered with national and state associations, including AACT, EdTA, and WHSFA, and is trusted by more than 1,000 companies. Zachary Collins and Kevin Schneider founded Ludus in July 2016. 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 expansion, partnerships, and team growth.
B-Side the Tracks Brewing Company
B-Side the Tracks Brewing Company is raising funds on MainVest. It is an upcoming brewery in Olde Town, Conyers, Georgia. It will consist of a brewery and restaurant with a rooftop patio for live music and events. The restaurant will serve farm-fresh and local produce, and the brewery will serve a line of craft beers and craft spirits. Amy Johnson and Tom Johnson founded B-Side the Tracks Brewing Company in August 2020. The current crowdfunding campaign has a minimum target of $90,000 and a maximum target of $175,000. The campaign proceeds will be used for brewery equipment, shipping, and installation.
Manhattan Brewing Company is raising funds on SMBX. The business runs a brewery in Manhattan, Kansas, and aims to bring the best beer experience and education to the people of the city. The brewery is housed in a historic building and maintains a full bar, including cocktails and sangria on tap. Manhattan Brewing Company has about 20 varieties of beer on tap and can produce 900 barrels of beer per year. Adam Krebsbach, Garrett Paulman, and Jake Voegeli founded Manhattan Brewing Company in February 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 refinancing debt, equipment and installation, and working capital.
Doofus Corporation, with a valuation of $5.13 million, is raising funds on Wefunder. The company has developed an app that assesses the behaviors of drivers and generates AI-generated reports identifying vehicles driven recklessly. The app, Roguehog, provides real data for safer roads and discoverable records of vehicle accidents. Doofus Corporation is an innovative product with excellent prospects and could replace the existing risk assessment models. Jacques Fourie founded Doofus Corporation in August 2016. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for administration, sales and marketing salaries, software development salaries, and office expenses.
Upswing Fitness, with a valuation of $30 million, is raising funds on Wefunder. The company has developed a Software-as-a-Service platform that empowers fitness trainers and gyms with online tools to scale their businesses. It is a social platform for wellness leaders and their communities and helps fitness creators monetize their content and following. Upswing Fitness connects creators to consumers and works on a high-growth and low-overhead model. Shaun Ziegler and Chris Putsch founded Upswing Fitness in November 2020. 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 product and technology, sales and marketing, and general and administrative operations.
QUAS Brewpub is raising funds on MainVest. It is an upcoming restaurant in Hazel Crest, Illinois, serving Creole meals and drinks. The offerings of QUAS Brewpub will include seafood, chicken, turkey, green or vegetable gumbo, and home-brewed beers and meads. QUAS Brewpub has an excellent location and a well-grounded business model and aims to grow a loyal customer base. Wardell Glass Jr founded QUAS Brewpub in November 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The campaign proceeds will be used for the buildout of the restaurant and brewpub.
Campus Protein, with a valuation of $15 million, is raising funds on StartEngine. The company has developed a marketplace and online platform for college students to buy their nutritional supplements. The business has a growing line of products, including proteins and vitamins, in unique and exciting flavors. Campus Protein is trusted by college students and has 1,500 campus representatives at more than 300 college campuses. Russell Saks founded Campus Protein in July 2012. The current crowdfunding campaign has a minimum target of $9,997.92 and a maximum target of $1,069,987.94. The campaign proceeds will be used for new partnerships and expansions.
Scrimmage, with a valuation of $3 million, is raising funds on PicMii. The business is an operator in the sports betting industry and acts as the broker between sports bettors and sportsbooks. The system simplifies the sports betting process, helps bettors get the best price available, and keeps track of the complete history of bets. Scrimmage is already licensed in most of the US states with online legal sports betting and earns through affiliate marketing with the top US sportsbooks. Matthew Dever and Daniel Taren founded Scrimmage in July 2021. 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 growth and expansion.
Krisspi, with a valuation of $8.2 million, is raising funds on PicMii. The company has created an on-demand personal grooming app that connects professional stylists and barbers with people that need their services. The app allows clients to schedule their in-person appointments with licensed and vetted hairstylists and bring barbers to them. Krisspi launched its MVP in June 2020 and generated $30,000 in revenue from June 2020 to December 2020. Derrick Butler and Mario Goins founded Krisspi in October 2017. 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 expansion to 30 new cities.
RimTech by Project Overlord, with a valuation of $37.3 million, is raising funds on StartEngine. It is an app-enabled wheel anti-theft and recovery system that addresses the global menace of wheel theft. The patented technology of RimTech uses hardware, cellular and GPS tracking, and shielded RF and Bluetooth connectivity to stop wheel theft and track them after they are stolen. Michael Fischer founded RimTech by Project Overlord in March 2015. The current crowdfunding campaign has a minimum target of $9,999.22 and a maximum target of $1,069,998.93. The campaign proceeds will be used to expand market share, launch new category lines and products, grow the distribution network, and continue research and development.
Pitch Aeronautics, with a valuation of $10 million, is raising funds on StartEngine. The company is developing a drone for robotic tasks, including inspection climbing. The drone, Astria, is equipped with a patented cyclorotor for precision positioning and a configuration to mount a heavy payload on an interchangeable payload arm. Atria is in the prototype stage and is undergoing flight testing. Pitch Aeronautics is led by an experienced team and is unlocking new markets that are currently serviced by people on ropes and ladders. David Bennett, Zachary Adams, and Ian Gibson founded Pitch Aeronautics in February 2022. The current crowdfunding campaign has a minimum target of $9,998.44 and a maximum target of $1,069,999.60. The campaign proceeds will be used to transition the prototype to a commercial product.
CAREMINDr, with a valuation of $35.1 million, is raising funds on StartEngine. The business offers remote patient care and enables patients with ongoing care needs to connect with their doctors regularly. Patients can use CAREMINDr technology on their cell phones to make convenient Digital House Calls to their doctors and receive care. CAREMINDr is led by an experienced team and has 30 Federal Qualified Health Centers as clients. Harry Soza founded CAREMINDr in September 2017. The current crowdfunding campaign has a minimum target of $9,998.88 and a maximum target of $999,999. The campaign proceeds will be used to expand sales and customer support.
Reaper Robs, with a valuation of $25 million, is raising funds on StartEngine. The company makes premium hot sauces using 100% all-natural ingredients. Each batch of hot sauce is handcrafted using gluten-free and vegan ingredients to create flavorful sauces with heat. The business also does international franchising and franchising Reaper Robs Bar & Grill restaurants, rubs, and cocktail mixers. Scott George founded Reaper Robs in January 2022. The current crowdfunding campaign has a minimum target of $9,998.94 and a maximum target of $1,069,998.30. The campaign proceeds will be used to launch new products, develop new partnerships, and open new restaurants.
Prisma Imaging, with a valuation of $10 million, is raising funds on StartEngine. The company is developing a novel system to provide digital radiographic and CT imaging of the entire anatomy of a horse. The technology will help provide better diagnostics, care, and performance for the welfare of horses compared to current imaging options. The technology of Prisma Imaging will be easy to implement and safe for both the horse and handler. Michael Silver and Brian Fisher founded Prisma Imaging in November 2016. 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 to install the first imaging system at the Steinbeck Peninsula hospital.
Nav.it, with a valuation of $26 million, is raising funds on Republic. It is a financial health app that uses proprietary AI to provide automated coaching. The system identifies money habits, personalities, and potential risks and helps people build a future of wealth and health. Nav.it is targeting young earners and Zillennials and has been featured in Forbes, Bloomberg, Medium, and USA Today. Erin Papworth and Maia Monell founded Nav.it in January 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,000,000. The campaign proceeds will be used for growth and product development.
Waverly Labs, with a valuation of $42 million, is raising funds on StartEngine. It is an innovative voice and language products company. The over-the-ear interpreter of Waverly Labs can translate more than 20 languages and help cross the language barrier in business and commerce. Waverly Labs has generated lifetime revenues of $10 million with 96% year-over-year growth from 2020 to 2021. The company has partnered with companies like Walmart, Hilton, and Amazon Fulfillment Centers for its business-to-business testing. Andrew Ochoa and Sergio Delrio Diaz founded Waverly Labs in 2014. The current crowdfunding campaign has a minimum target of $9,995.16 and a maximum target of $1,199,996.22. The campaign proceeds will be used for growth and expansion.
WeLa Lao is raising funds on Honeycomb. The food business prepares and offers delicious Lao cuisine to its customers and teaches them Lao dishes they can’t find at restaurants. The food is made using high-quality ingredients and includes Khao Jee waffle sticks, Nam Khao, Laap Tacos, and Lao Sausage Baguette Sandwich. WeLa Lao started at the Vancouver Farmer’s Market and has grown its customer base through word-of-mouth. Suzanne Phengsy founded WeLa Lao in December 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $75,000. The campaign proceeds will be used for kitchen equipment, staffing, marketing, and a food truck.
Toast, with a valuation of $20 million, is raising funds on Republic. It is a premium national cannabis brand in the post-prohibition era. The flagship product of Toast, the Joint 2.0, comes as pre-rolls of cannabis and enhances celebratory moments. Additionally, the variety varies with the potency, from micro-dosed CBD+THC to high-potency THC. Toast has reported total sales of $12 million since inception with an annual growth rate of more than 100%. Punit Seth, Shovahn Rincon, and Chris Burggraeve founded Toast in October 2015. 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 to grow in new markets and increase brand collaborations.
Diamond Bakery is raising funds on Honeycomb. It is a traditional American Jewish bakery in Los Angeles, California. The bakery makes rye bread, babka, rugelach, and mandelbrodt and sells them to its old and loyal customers. The products are baked daily using high-quality ingredients and are also supplied to some of the best deli restaurants in Los Angeles. Diamond Bakery was founded in 1946 but bought by Douglas Weinstein in 2021. The current crowdfunding campaign has a minimum target of $70,000 and a maximum target of $250,000. The campaign proceeds will be used for equipment, delivery vans, signage, refrigeration, POS software system, and debt refinancing.
Better Bean is raising funds on SMBX. The food business makes fresh beans with great flavor that are good for the environment. The beans of Better Bean come from sustainable and organic farms and are naturally delicious, without using sugar, fat, or chemical additives. The beans come in nine varieties and are sold nationwide. Keith Kullberg founded Better Bean in July 2020. 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 the new packaging launch, SQF and quality certifications, sales and marketing, packaging inventory, and working capital.
Verge Brewing, with a valuation of $2 million, is raising funds on Wunderfund. The brewery brews best-in-class beers in the right way. It makes beers like Belgian White IPA, Irish Cork Stout, Dark Mild Ale, American Amber Ale, and Belgian Triple Ale and sells them to taprooms and retail stores. Verge Brewing is led by an experienced and award-winning brew team, taking it to higher grounds. Pete Bender founded Verge Brewing in 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used to finish the construction of the taproom and open doors.
Drink Monday, with a valuation of $24.5 million, is raising funds on SeedInvest. The company makes non-alcoholic cocktails that give a 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 $6 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 $400,000 and a maximum target of $750,000. The campaign proceeds will be used for brick-and-mortar expansion, digital growth and marketing, and research and development.
Helios, with a valuation of $10 million, is raising funds on Republic. The company has developed an AI-based platform for voice and emotion analysis. The platform uses AI to understand a person’s voice tone and generate a tonal fingerprint. The platform, Comprehend, converts the tone of voice to the fingerprint of about 200 numbers and delivers it in a data feed. Helios is led by an experienced team and has a rapidly increasing sales pipeline. Sean Austin founded Helios in March 2017. The current crowdfunding campaign has a minimum target of $107,100 and a maximum target of $250,000. The campaign proceeds will be used to unlock the next product, build upon the powerful dataset, and grow.
E, with a valuation of $20 million, is raising funds on Wefunder. It is a social network with a built-in messaging platform and a universal payments system. The platform has everything one would expect in a social network, including feed, photos, videos, stories, celebrities, and brands, along with messaging platform EkChat and payments system EkPay. E is available in 190 countries on Apple AppStore and Google Play Store. Ali Salamat founded E in April 2019. 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 product development, new user onboarding, marketing, licensing fees for Wallet, hiring, and user acquisition expenses.
Bracketology is raising funds on Wefunder. It is America’s largest centralized platform for reality TV fantasy gaming. Bracketology’s current solution, Bach Bracket, combines fantasy sports with reality TV and allows users to join a league, make weekly picks, and check their scores. Bracketology has more than 580,000 unique users on the platform and has increased its average annual revenue by 531%. Kaitlyn Hurley, Jess Dahlstrum, and Mary Roberts founded Bracketology in March 2022. 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 custom software development, salaries, and paid marketing.
WebJoint, with a valuation of $44.4 million, is raising funds on StartEngine. The company has developed a cannabis delivery software that serves more than one-third of the licensed cannabis deliveries in California. The direct-to-consumer infrastructure of WebJoint streamlines the process of buying, selling, and delivering cannabis. WebJoint has processed $244 million worth of orders in four states and continues to expand its operations to the other states with legalized cannabis. Christopher Dell’Olio founded WebJoint in 2015. The current crowdfunding campaign has a minimum target of $9,998.04 and a maximum target of $1,000,073. The campaign proceeds will be used to continue innovating the delivery software niche and enter additional markets.
