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.
ElectroSpit, with a valuation of $8 million, is raising funds on Republic. The company has created a mobile and tubeless talkbox instrument for the future. The talkbox has an integrated iPhone Operating System synth app and rechargeable batteries to make it convenient for use anytime and anywhere. The talkbox and app, ESX-1, can also be integrated with an existing setup and have a modular user experience. ElectroSpit has been awarded first place at Guthman Musical Instrument Competition and has been featured on the hit “Levitating” by Dua Lipa. Bosco Kante and Maya Kante founded ElectroSpit in November 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $535,000. The campaign proceeds will be used for manufacturing, general marketing, research and development, and general working capital.
Wonder Wax Glam Studio, with a valuation of $1.75 million, is raising funds on Mr. Crowd. It is an eco-friendly beauty studio that specializes in full-body waxing, spray tans, and makeup applications. Wonder Wax Glam Studio operates through its GlamTrucks, which bring beauty to people in a safe place outside their houses. Tania Torres founded Wonder Wax Glam Studio in April 2020. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $500,000. The campaign proceeds will be used for products and machines, hiring, marketing, miscellaneous consumables, and working capital.
LiveWire, with a valuation of $16 million, is raising funds on Wefunder. The company makes and sells ready-to-drink cocktails. LiveWire’s cocktails are made by award-winning bartenders who get an opportunity to monetize their press. The bartenders also work with artists to create their own labels and use a creativity-driven approach to garner a customer base. LiveWire cocktails are sold in Walt Disney World, Whole Foods, Total Wine & More, BevMo!, and more. The company has profits of 52%. Aaron Polsky founded LiveWire in August 2019. 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 expansion, marketing, event sponsorship, team expansion, and influencer partnerships.
7 Generation Games, with a valuation of $7.5 million, is raising funds on Wefunder. The company has developed a platform that enables any organization to make its own educational games quickly and cheaply. 7 Generation Games was built using federal grant funding from US and Chilean governments and is on track to exceed $1 million in revenue by 2023. Maria Burns Ortiz and Ann Maria De Mars founded 7 Generation Games in August 2015. 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 product development, business development, user experience and user interface development, and customer support.
QuadVantage Technology is raising funds on DealMaker Securities. The company is transforming anterior cruciate ligament reconstruction surgery with its QuadVantage Autograft System. The technology makes harvesting quadriceps tendons easier, more precise, less painful, and less traumatic. QuadVantage’s technology is clinically tested and doesn’t need FDA pre-approval to launch. Thomas Gutierrez founded QuadVantage Technology in October 2018. 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 research and development testing, inventory, sales and marketing, legal and regulatory fees, and more.
Watch Party, with a valuation of $5.03 million, is raising funds on Netcapital. It is an app that makes it easier for friends to share their passion for television and watch it together. The Watch Party application helps users find new shows, see what their friends are watching, and make recommendations to each other. Watch Party plans to generate revenue through advertising and monetizing user data. Chelinde Edouard founded Watch Party in 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $450,000. The campaign proceeds will be used for app development, marketing, and general and administrative expenses.
Mightly, with a valuation of $6.03 million, is raising funds on Wefunder. It is a children’s wear brand that makes affordable and sustainable clothes. The business makes kids’ clothes that can handle all kinds of adventure without costing a fortune. Mightly’s clothes are made using fair trade and organic cotton and are good for people and the planet. Tierra Forte, Anya Emerson, and Barrie Brouse founded Mightly in January 2019. The current crowdfunding campaign has a minimum target of $50,001 and a maximum target of $600,000. The campaign proceeds will be used for influencer and ambassador marketing, hiring, content production, public relations, and product development.
Design to Build is raising funds on WunderFund. It is a real estate development company that converts shipping containers into sustainable living spaces. The aim of Design to Build is to repurpose shipping containers for housing and hospitality and eradicate homelessness. Design to Build aims to make 100 units in the first year of operations and scale rapidly. Kemo A’akhutera founded Design to Build in October 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used for working capital, lease of building, and model construction.
Gumbo to Geaux is raising funds on Honeycomb. The business serves freshly prepared food from a food truck in Birmingham, Alabama. The offerings include pasta, shrimp and grits, Creole gumbo, red beans and rice, and burgers. Gumbo to Geaux has a loyal customer base and is planning to open a full-service restaurant in Calera, Alabama. The business is also involved in special event catering services for weddings, birthdays, and social events. Etricia Robinson founded Gumbo to Geaux in July 2022. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $150,000. The campaign proceeds will be used for initial payment for restaurant buildout, equipment, restaurant decor, and advertising and marketing.
Unified, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a social network for activists, organizers, and the communities they support. It connects users with organizers they will love and helps them build a community. Each post can help users take action and complete tasks. Unified has more than 350 volunteers, organizers, and activists on its waitlist. Shion Deysarkar and Jeremy Smith founded Unified in September 2018. 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 servers and infrastructure, marketing, engineering and product development, and associated taxes.
Rize + Rest Cafe is raising funds on Seed At The Table. It is an upcoming casual and relaxed scratch-kitchen food business that will work as a craft coffee shop and shared working space during the day and a wine bar in the evening. The restaurant is located in the Patterson Park neighborhood of Baltimore, Maryland and prides itself in being intentional, consistent, and extraordinary. Randall J. Matthews founded Rize + Rest Cafe in June 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $185,000. The campaign proceeds will be used for general marketing, attorney and accountant fees, research and development, equipment, and more.
GRRRL, with a valuation of $10 million, is raising funds on Republic. The company makes size-inclusive athletic wear for women that changes how the world sees women and how women see themselves. The clothes are made using the highest quality fabrics and are retailed at everyday prices. Kortney Olson founded GRRRL in December 2019. The current crowdfunding campaign has a minimum target of $107,100 and a maximum target of $250,000. The campaign proceeds will be used for recruitment, marketing, and technology development.
Regard Libations is raising funds on Honeycomb. It is a premiere mobile bartending service in Jacksonville, Florida. The business is licensed and insured and can be hired to sell liquor, beer, and wine in public and private spaces. Regard Libations offers both service packages and alcohol packages and also provides glassware rental. Audrey Ancelin founded Regard Libations in January 2021. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $30,000. The campaign proceeds will be used for a branding trailer, rebuilding a custom mobile bar, renewing liquor license, debt consolidation, a new trailer, and security.
Stonehedge is raising funds on Mainvest. It is a holistic wellness center in Tamaqua, Pennsylvania. The center has walking trails, ponds, perennial gardens, and a sacred and inclusive environment for the cultivation of community and personal transformation. Stonehedge also hosts events and programs on holistic wellness, art, music, and permaculture. Richard Lane and Tom Moroz founded Stonehedge in May 2021. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $400,000. The campaign proceeds will be used for the renovation of the workshop and retail spaces, renovation of kitchen and cafe facilities, building out glamping infrastructure, landscaping, and working capital.
Track Time Hobbies is raising funds on Honeycomb. It is a commercial slot car track in Bakersfield, California. The business functions as a model car racing store and track and has an ardent following across generations. In addition to the track, Track Time Hobbies also sells Carrera at-home slot car sets, supplies, and car parts. It also offers monthly on-road radio-controlled racing for a different clientele. Sarah Doyel founded Track Time Hobbies in March 2021. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $75,000. The campaign proceeds will be used for refinancing high-interest debt, inventory for existing products, inventory for new products, a new location, and an e-commerce website.
World Illustrated, with a valuation of $13.8 million, is raising funds on Wefunder. The company has developed a platform that combines publishing, e-commerce, and social media. The platform functions as a web publisher along with content licensing and merchandising functionalities. World Illustrated has 15 channels, hundreds of sub-channels, and thousands of threads on specific topics for users to search and view at any level. Charles Taylor founded World Illustrated in October 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 the development of social media functionality, enhancements to phase 1 software and functionality, and editorial staff.
The Marketplace is raising funds on Silicon Prairie Online. The business supports the design and building industries and aims to make Austin, Texas a world-class design destination. The Marketplace will function as a wholesale shopping destination with products including furniture, rugs, upholstery, flooring, and accessories from local, national, and global brands. It will also work as the brand marketing system and an industry hub. Ten vendor partners have reserved spaces and paid deposits with The Marketplace. Anita Erickson founded The Marketplace in January 2021. The current crowdfunding campaign has a minimum target of $30,000 and a maximum target of $150,000. The campaign proceeds will be used for construction, enhancements, and payment on an existing line of credit.
FlexPay, with a valuation of $8 million, is raising funds on MicroVentures. It is a save-now-pay-later service provider in Kenya. The service allows users to reserve products or services online and make installment payments over time. FlexPay mainly works for non-banked and underbanked customers who do not have the purchasing power to pay for things at once. The business has been profitable over the last two years, with 2021 revenue of $290,522 and net income of $20,032. Richard Machomba and Johnson Mwangi founded FlexPay in December 2019. 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, product development, future hires, business operations, and working capital.
Pureboost, with a valuation of $40 million, is raising funds on Wefunder. The company makes and sells a clean energy drink mix. The mix does not have any artificial sweeteners, GMOs, sugar, or side effects like jitters. Additionally, Pureboost contains B12, natural green tea caffeine, herbs, minerals, and an electrolyte blend. Brian Enge, Sean Ross, Ray Faltinsky, and Danny DeMichele founded Pureboost in June 2018. The current crowdfunding campaign has a minimum target of $50,010 and a maximum target of $4,049,999. The campaign proceeds will be used for inventory purchasing, marketing, expanding brick and mortar distribution, and repaying current loans.
Hydro Wind Energy, with a valuation of $119.6 million, is raising funds on StartEngine. The company has developed a highly innovative technology, OceanHydro Omni, to harness offshore wind. The technology, combined with the power of subsea oceanic pressure, provides reliable, clean, and low-cost energy and energy storage. Other products of Hydro Wind Energy include SubSea RO Wind and QuenchSea for seawater desalination. Lee King, Maryam Hassani, Hayk Vasilyan, Abdulla Ghaly, and Laura Dryden founded Hydro Wind Energy in July 2020. The current crowdfunding campaign has a minimum target of $9,995.94 and a maximum target of $3,999,984.90. The campaign proceeds will be used for marketing, research and development, operations, and inventory.
Labdoor, with a valuation of $20 million, is raising funds on Wefunder. The company provides expert scientific reviews of consumer health products. It tests and reviews the purity and labels accuracy of more than 1,000 products, including vitamins, supplements, and cannabidiol (CBD). The certifications provided by Labdoor allow companies to compete with competitors on product quality rather than marketing hype. Neil Thanedar, Rafael Ferreira, and Helton Souza founded Labdoor in April 2012. 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 hiring, marketing, research and development, and general and administrative costs.
Nepal Tea Collective, with a valuation of $5 million, is raising funds on Wefunder. The company makes and sells fresh and delicious teas and positively transforms the community while doing so. Nepal Tea Collective’s teas are organic, artisanal, traceable, and come in sustainable packaging. Nepal Tea Collective also invests 1% of its top-line revenue into the empowerment of farmers. Nishchal Banskota founded Nepal Tea Collective in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $600,000. The campaign proceeds will be used for hiring and retaining talent, product development, and digital marketing.
UVISION, with a valuation of $9.5 million, is raising funds on Netcapital. The company has developed a platform that helps filmmakers fund their projects through independent investors in exchange for film-exclusive awards and non-fungible tokens (NFTs). UVISION is one of the first platforms to use NFTs as a form of funding to produce high-quality video content. Parsa Mayahi and Sam Giahi founded UVISION in December 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for payroll, marketing, intellectual property, product development, and accounting expenses.
New 3D Technologies, with a valuation of $6.02 million, is raising funds on Netcapital. The company makes patented 3D display monitors and TVs that do not require special glasses. The technology also allows monitors to switch easily from 3D viewing to familiar 2D displays on the same device. New 3D Technologies already has the US Air Force as its customer and is contracted by NASA to build a display to improve pilot safety. Brad Gouldthorpe founded New 3D Technologies in March 1986. 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 product testing, hiring, sales contracts, product building, and expansion of the product portfolio.
Real Brain Technology, with a valuation of $20 million, is raising funds on Castle Placement. The company designs and develops lead generation applications for the real estate industry. The platform is developed by realtors for realtors and brings high-quality leads to real estate agents. Real Brain Technology is free to consumers, reduces competition for agents, and brings agents more commissions. Kimberly Sue Lewis founded Real Brain Technology in December 2020. 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 marketing and development.
Veron is raising funds on Mainvest. It is an online bakery that makes plant-based French macarons. The bakery makes 18 regular macaron flavors in addition to monthly limited edition flavors and also sells through pop-ups and wholesale. Veron’s macarons are 100% vegan, gluten-free, corn-free, soy-free, palm-oil-free, and artificial-color-free. Shera Fournier founded Veron in October 2019. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $100,000. The campaign proceeds will be used for space design and construction, tools and equipment, hiring and training staff, and marketing for the brick-and-mortar store launch.
VK Brewing Co. & Eatery is raising funds on Mainvest. It is an upcoming brewery and restaurant in Exton, Pennsylvania. The brewery and eatery aims to create a fun and inviting atmosphere, a family-friendly environment, and a place where people can gather and enjoy handcrafted beer with a delicious meal. VK Brewing Co. & Eatery will offer freshly baked pizza, burgers, pasta, sandwiches, and classic beer styles and flavors. Jason Van Keuren and Najib Abiaad founded VK Brewing Co. & Eatery in September 2021. 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 a new flat roof; new heating, ventilation, and air conditioning; a new beer garden; exterior painting; and operating capital.
Fishies is raising funds on Honeycomb. The company makes delicious dog and pet treats using excess fish waste from the Fishnet restaurant in Baltimore, Maryland. Fishies purees the wild fish into a wet mix and combines it with a handful of ingredients to create the pet treats. Keyia Yalcin founded Fishies in April 2022. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $45,000. The campaign proceeds will be used for packaging, a farmer’s market tent, kitchen rental, design, hiring employees, and working capital.
Spirity Cocktails, with a valuation of $4 million, is raising funds on SeedInvest. The company makes non-alcoholic cocktails using spirits distilled from tea. The cocktails are traditionally crafted and provide an adult-like sipping experience. Spirity Cocktails drinks are designed to be sold and consumed on the same occasions as hard seltzers and canned ready-to-drink cocktails. The business has generated $630,000 in lifetime sales, with 53% of its revenue coming from repeat customers. Eric Knight and Joseph Rosa founded Spirity Cocktails in July 2019. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $400,000, and a maximum target of $1,000,000. The campaign proceeds will be used for the team, marketing, product, general and administrative expenses, and working capital.
North Carolina Beach Rental Portfolio
North Carolina Beach Rental Portfolio is raising funds on Republic. It is a portfolio of beach vacation rental investment properties in North Carolina. The company plans to acquire, manage, and dispose of a portfolio of single-family vacation rentals with low acquisition costs and significant potential for capital appreciation. North Carolina Beach Rental Portfolio sources properties from its local state-wide network and paid online and offline marketing campaigns. James Carnes and Norman Simon founded North Carolina Beach Rental Portfolio in September 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $750,000. The campaign proceeds will be used to acquire and manage properties for the anticipated hold period of three to five years.
Honor Your Flow, with a valuation of $1 million, is raising funds on Seed At The Table. The company makes and sells functional and sustainable period apparel. The menstruation apparel company uses its patent-pending flexible absorbency system to design beautiful and affordable period wear. Honor Your Flow products are reusable, super absorbent, and made using premium materials. Cecilia Towns-Scott founded Honor Your Flow in October 2021. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $55,000. The campaign proceeds will be used for marketing expenses, attorney fees, general marketing, research and development, and more.
Uprising Food, with a valuation of $11.2 million, is raising funds on StartEngine. The company makes food products backed by the latest health science. The products are low-carb, prebiotic, functional, gluten-free, keto-friendly, and paleo-approved. The business works on a unique “farm market at digital scale” model and enables rapid innovation and instant national distribution. William Donald Schumacher III, Kristen Schumacher, Mark Frommeyer, and Sara Frommeyer founded Uprising Food in February 2019. The current crowdfunding campaign has a minimum target of $9,998.94 and a maximum target of $1,069,997.56. The campaign proceeds will be used for marketing, research and development, inventory, and equipment.
Security Token Market, with a valuation of $20 million, is raising funds on Securitize Markets. The company has developed a platform that serves as a global source of data and news on tokenized assets. The platform aims to supply investors with a state-of-the-art terminal with research, trading tools, and news. Security Token Market tracks more than 200 security tokens across ten exchanges internationally. Kyle Sonlin and Herwig Konings founded Security Token Market in July 2018. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $5,000,000. The campaign proceeds will be used for working capital, operations, equipment and technology, marketing, and more.
Smart Rx Systems is raising independently through Regulation A crowdfunding. The company has developed an on-demand medication dispensing kiosk. The kiosk is called Smart PharmAssist and helps people to get their medication when and where they need it. It offers people access to multilingual pharmacy services 24 hours a day, seven days a week. Users can also get remote consultations with a pharmacist and get their prescriptions filled quickly and safely. Sandeep Mathow and Swatantra Rohatgi founded Smart Rx Systems in 2013. The current crowdfunding campaign has a maximum target of $50,000,000. The campaign proceeds will be used for estimated company fees, selling commissions, and fee and expense reimbursements.
Coyuchi is raising funds through Regulation A crowdfunding with Manhattan Street Capital as the broker dealer. The company makes sustainable and luxury home textile products. The business designs, develops, imports, and sells coastal-inspired organic bedding, sheets, towels, apparel, and other home goods. All products are made of natural fibers, including organic cotton certified under the Global Organic Textile Standard. Coyuchi has a loyal customer base and has received several awards and recognitions. Eileen Mockus founded Coyuchi in 1991. The current crowdfunding campaign has a maximum target of $59,800,000. The campaign proceeds will be used to expand marketing channels, improve information technology, explore geographic expansion, and acquire working capital.
PuraVerde is raising funds through Regulation A crowdfunding with Dalmore Group as the broker dealer. The company functions as a medical marijuana, tetrahydrocannabinol, and CBD processor and grower. It is a leading innovator in Oklahoma’s medical cannabis market and aims to use the latest technology to formulate, test, and package medical cannabis products. PuraVerde has its own line of flowers, pre-rolls, cartridges, gummies, concentrates, cookies, brownies, drinks, candies, and bulk cannabis oils. Matthew Mastrangelo, Ryan Bishop, and Peter Bishop founded PuraVerde in November 2018. The current crowdfunding campaign has a maximum target of $49,999,999.50. The campaign proceeds will be used for debt repayment, research and development equipment, and share buy back.
