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.
Industrial Sustainability Group
Industrial Sustainability Group, with a $20 million pre-money valuation, is raising funds on Wefunder. The company supplies environmentally-friendly products and services to businesses. Its products, including Infinity Lube and Fuel Ox, improve sustainability and operating efficiency. Rand Taylor and Alec Taylor founded Industrial Sustainability Group in February 2021. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $1.07 million, will be used for sales, marketing, business development, and working capital. Industrial Sustainability Group generated more than $2.5 million in sales during 2020 and has a long history of revenue growth.
What BBQ & Bar, a barbecue joint in LeClaire, IA, is raising crowdfunding on MainVest. The barbecue restaurant specializes in pulled pork, brisket, ribs, chicken, smoked meats, salads, baked potatoes, appetizers, and desserts. The food is available in gluten-free and vegetarian options and is made using high-quality ingredients. Shill Hunter founded What BBQ & Bar in September 2018. The current crowdfunding round has a minimum goal of $40,000 and a maximum goal of $250,000, and the funds will be used to purchase additional equipment and outdoor furniture. What BBQ & Bar provides fresh barbecue and homemade sides to the community every day and aims to provide a welcoming environment to all meat-eaters and vegetarians.
SportBLX Thoroughbreds, with a pre-money valuation of $602,000, is raising funds on WeFunder. The company owns several racehorses and will allow fans to take thoroughbred ownership. It is a web portal that will allow investors to own a stake in unique sports assets. SportBLX Thoroughbreds will also provide unique content on its website, in addition to on-track experiences. Joseph De Perio and George Hall founded SportBLX Thoroughbreds in 2019. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used to purchase an additional stake in Max Player. The thoroughbreds of SportBLX have strong pedigrees, and Max Player is coming off a G2 suburban S. victory that has qualified him to compete in the $6 million Breeders’ Cup Classic.
CurlMix, with a pre-money valuation of $26 million, is raising crowdfunding on Wefunder. The company makes clean beauty products for curly hair, especially for women of color. The business owns over 100 formulas and has over 110,000 customers. Kimberly Lewis and Timothy Lewis founded CurlMix in 2015. The proceeds of the current crowdfunding round, with a minimum goal of $100,006 and a maximum goal of $4.9 million, will go toward rebranding, team expansion, partnerships, new brand launch, and working capital. CurlMix generated $5.6 million in revenues in 2020 and has been featured on Shark Tank. CurlMix has a customer lifetime value of $111 and a current customer acquisition cost of $17.
Escaping Ohio, a new female-led film, is raising funds on Wefunder. The film gives a modern and authentic take on teen movies while bringing the beauty and charm of Ohio to the screen. The feature film stars actors from Hulu, Netflix, Amazon, AMC, CW, and CBS. Escaping Ohio is produced by Emily Bergl, Carolyn Panknin, and Collin Kelly-Sordelet. The current crowdfunding campaign has a minimum raise of $91,000 and a maximum raise of $240,000, and the funds will be used towards production and post-production expenses, paying cast and crew members, and renting high-quality lens and lighting equipment. Escaping Ohio’s script has been workshopped at the Sundance Institute and will start shooting in August 2021.
Merati Homes, a modular home builder and community developer, is raising crowdfunding on FundMe. The company makes cost-effective, high-quality, sustainable homes. It provides both single and multi-family homes. Kadi Kohea founded Merati Homes in January 2019. The current crowdfunding raise has a minimum target of $25,000 and a maximum target of $5 million. The raise proceeds will be used for sales, marketing, labor costs, factory and equipment. Merati Homes has already received $15 million in pre-orders without any advertising. The company will be licensing more than 25 patents to make its units proprietary.
Enginuity Power Systems, with a pre-money valuation of $91.8 million, is raising funds on StartEngine. The company has developed its E ONE micro-CHP system that efficiently delivers electricity, hot water, and heat to homes on demand. The appliance helps consumers save money and live comfortably both on and off the grid. Steve Niswander and James Warren founded Enginuity Power Systems in November 2015. The current crowdfunding round has a minimum goal of $9,974.28 and a maximum goal of $1.07 million, and the funds will be used to make the first-generation E ONE system available in limited quantities. Enginuity Power Systems’ award-winning technology is protected by 30 filed and pending patents. The business’s initial market consists of 80 million homes in the US using natural gas and propane.
The Fox Den in Woburn, an upcoming American restaurant in Woburn, MA, is raising crowdfunding on MainVest. The restaurant is inspired by a combination of Polish and Portuguese culinary heritages. The offerings will include sausages, stews, warm and comforting food, and a rotating menu of food and drinks. Ryan Dziki, Adam Dziki, and Julie Dziki founded The Fox Den in Woburn in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $125,000 and a maximum raise of $175,000, will be used for licenses, permits, furnishings and decoration, staffing, training, new equipment, and initial food and drinks. The Fox Den in Woburn aims to focus on hospitality to keep its guests coming back.
Steel City Jet Skis, a jet ski rental business in Pittsburgh, is raising funds on Honeycomb. It is the only jet ski rental business in the area and offers a unique way to view the city from the water. The company rents its brand-new Yamaha wave runners on an hourly basis. Jake Tovey founded Steel City Jet Skis in March 2021. The current crowdfunding campaign of the company has a minimum goal of $50,000 and a maximum goal of $100,000. The raise proceeds will target the purchase of two more jet skis and debt refinancing. Steel City Jet Skis has generated $125,000 in revenue in just two months since its launch in May 2021, with $39,000 in revenue in the last two weeks of July 2021.
Cybolt, with a pre-money valuation of $140 million, is raising crowdfunding on Republic. The company offers end-to-end digital risk management and cybersecurity solutions. It specializes in delivering technology solutions and services for managing digital risks through information protection, public safety, resilience management, and business resilience. Mauricio Rioseco founded Cybolt in May 2019. The current crowdfunding round has a minimum raise of $105,000 and a maximum raise of $5 million, and the funds will be used to capitalize on the company’s current growth and success by establishing new partnerships. Cybolt has over 200 active international clients and generated $26.5 million in revenue in 2020.
ZEVA Aero, with a pre-money valuation of $56.1 million, is raising funds on StartEngine. The company designs and builds electric aircraft for point-to-point travel. The purpose of ZEVA Aero is to provide sustainable air vehicles for daily personal use. Stephen Tibbitts founded ZEVA Aero in May 2018. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1.07 million, will be used to continue indoor tethered testing and growth. ZEVA Aero plans on being the fastest way to travel within a 50-mile radius by traveling over 160 miles per hour. The company aims to sell 500 vehicles by 2025 in the first responder and defense markets and earn total revenue of $125 million.
Dallas Cityfund, a product that allows people to invest in a piece of Dallas, is raising funds on Republic. The fund will acquire and manage a portfolio of single-family residential real estate assets in Dallas. They will focus on investing in the equity of single-family homes and purchasing single-family rentals. The fund was founded in April 2021 and is led by Jesse Stein, John Green, and Mauricio Delgado. The current crowdfunding round has a minimum raise of $100,000 and a maximum raise of $500,000, and the funds will be used to acquire more properties. Dallas Cityfund is targeting the Dallas housing market, which is recovering favorably after the COVID-19 pandemic.
Miami Cityfund, a product that allows people to invest in a piece of Miami, is raising funds on Republic. The fund will acquire and manage a portfolio of single-family residential real estate assets in Miami. They will focus on investing in the equity of single-family homes and purchasing single-family rentals. The fund was founded in April 2021 and is led by Jesse Stein, John Green, and Mauricio Delgado. The current crowdfunding round has a minimum raise of $100,000 and a maximum raise of $500,000, and the funds will be used to acquire more properties. Miami Cityfund is targeting the Miami housing market, which is becoming a hub for emerging startup ecosystems, entrepreneurs, and investors.
Austin Cityfund, a product that allows people to invest in a piece of Austin, is raising funds on Republic. The fund will acquire and manage a portfolio of single-family residential real estate assets in Austin. They will focus on investing in the equity of single-family homes and purchasing single-family rentals. The fund was founded in April 2021 and is led by Jesse Stein, John Green, and Mauricio Delgado. The current crowdfunding round has a minimum raise of $100,000 and a maximum raise of $500,000, and the funds will be used to acquire more properties. Austin Cityfund is targeting the Austin housing market, which saw incredible demand in 2020 despite the COVID-19 pandemic. The demand for real estate assets has outpaced supply and caused home prices to soar.
Beyond Wellness, with a pre-money valuation of $21 million, is raising funds on NetCapital. The company provides direct-to-consumer DNA testing, analysis, and reporting for clinicians and medical professionals. The reporting is used by consumers for the detection, diagnosis, and treatment of various medical disorders. Karen Parmenter founded Beyond Wellness in August 2020. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $5 million, will be used for marketing, product development, equipment purchases, future wages, and website development. Beyond Wellness offers three specific DNA tests, including cardiac tests, viral immunity tests, and nutrition and fitness tests. Customers can also purchase a one-time-only full DNA genome sequencing testing report.
Mamo’s Garlic Sauce, a garlic sauce brand in Lockhart, TX, is raising funds on MainVest. The business makes iconic garlic sauce using natural ingredients, including almonds, garlic, balsamic vinegar, extra-virgin olive oil, pink Himalayan sea salt, and filtered water. The garlic sauce comes in two flavors: The Gold Sauce (made with raw garlic), and The Black Sauce (made with fermented garlic). Michelle D Dean and Kristy Glomb founded Mamo’s Garlic Sauce in May 2019. The proceeds of the current crowdfunding raise, with a minimum goal of $20,000 and a maximum goal of $50,000, will be used to purchase new equipment, implement new marketing strategies, and revive the brand. Mamo’s Garlic Sauce products are healthy and delicious and are friendly additions to any diet.
Calliope Restaurant, an upcoming restaurant in Chattanooga, TN, is raising crowdfunding on MainVest. The restaurant aims to introduce southern-inspired Levantine cuisine embracing ancient Mediterranean flavors. The restaurant will also teach students about food and the importance of sustainability. Khaled Albanna founded Calliope Restaurant in June 2021. The proceeds of the current crowdfunding campaign, with a minimum raise of $11,000 and a maximum raise of $30,000, will target equipment purchase and operating capital. Calliope Restaurant will also focus on a zero-waste kitchen and will work with local farms for composting. The location will include a dining room and a bar and will include both indoor and outdoor dining.
0-G Launch, with a pre-money valuation of $19 million, is raising funds on NetCapital. The company aims to launch a network of specially-modified Boeing Space Jets to speed up the process of economical testing and technology development. It also aims to provide zero-gravity flights for consumers globally. Robert Feierbach founded 0-G Launch in August 2019. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1.07 million. The raise proceeds will be used for engineering, sales and marketing, financial experts, and legal and IP protection. 0-G Launch is led by an experienced team and has signed $42 million in letters of intent for early space customers.
Rx Delivered Now, with a valuation cap of $6.5 million, is raising funds on Republic. The company has developed a pharmacy technology ecosystem to automate pharmacy logistics and communications. The system accelerates patient access, visibility, and compliance to medications. Dr. Anthony Do and Michael Nguyen founded Rx Delivered Now in June 2020. 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 acquire new pharmacy locations and integrate with large pharmacy software platforms. Rx Delivered Now is currently operating in California and plans to include Texas, Florida, and Arizona in its target markets.
Matcherino, with a pre-money valuation of $13.1 million, is raising funds on SeedInvest. The company provides a software platform for tournament organizers, sponsors, and game publishers to run esports events. The platform aims to make esports events bigger, better, and more financially viable. Grant Farwell founded Matcherino in June 2015. The current crowdfunding campaign has a minimum raise of $25,000 and a maximum raise of $1.07 million, and the proceeds will be used for development resources, sales and marketing, and G&A expenses. Matcherino has powered more than 26,000 events with prize pools and distributed over $8 million in tournament winnings. The platform also has long-standing relationships with brands and publishers, including GameStop, Corsair, and Wizards of the Coast.
NanoMed Tracking, with a pre-money valuation of $3.99 million, is raising funds on NetCapital. The company has developed a system to manage inventories of surgical instruments and automate tray assembly. The system marks medical instruments with invisible nano quantum dots and helps in tracking them within hospitals. John Clark founded NanoMed Tracking in June 2021. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $107,000, will be used for an optical reader, a printer applicator, software development, and legal and accounting expenses. NanoMed Tracking’s system helps enhance patient safety and improves instrument management. It works on a dynamic recurring revenue model with three- to five-year contractual agreements.
Pho King Noodle Bar, a Vietnamese fast-casual restaurant in Houston, TX, is raising crowdfunding on NextSeed. The restaurant aims to bring traditional Vietnamese noodle soups and other comfort foods to the area. The fast-casual pho bar will incorporate Chipotle-style customization, set bowls, and house favorites. Phu Nguyen and Elvis Nguyen founded Pho King Noodle Bar in July 2020. The current crowdfunding round has a minimum goal of $75,000 and a maximum goal of $107,000, and the funds will be used for equipment purchases, inventory, and working capital. Pho King Noodle Bar is led by an experienced team and is expected to open in August 2021.
Gypsee Travel, a travel lifestyle brand, is raising crowdfunding on PicMii. The platform allows users to choose their adventure and invite their friends to join them, while Gypsee takes care of everything, including flights, accommodation, and a curated list of activities. The company makes travel free of hassle, accessible, and open to all. Andrew Thompson founded Gypsee Travel in February 2019. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $250,000, will be used for growth and expansion. Gypsee Travel offers affordable packages to accommodate all types of travelers, including packages for $120 per month, $200 per month, and $600 per month.
Smardii, with a $12 million pre-money valuation, is raising funds on StartEngine. The company has created a sensor-based wearable solution for adult incontinence. Smardii’s smart diapers continuously monitor health conditions, including the presence and level of urine and stool, the positioning of patients to prevent falls, and repositioning for pressure ulcers. Vikram Mehta founded Smardii in July 2016. The current round of crowdfunding has a minimum target of $9,999 and a maximum target of $999,999, and the proceeds will be used to enter the business-to-consumer market to meet growing demand. Smardii has already signed up with 10 long-term care partners and has over $10 million worth of monthly software-as-a-service in its B2B sales funnel.
Valkyrie Axe Throwing, an arts and entertainment center in Chattanooga, TN, is raising crowdfunding on MainVest. The center combines a full bar of local beers with the game of axe throwing. The space hosts leagues, parties, and business events and has highly trained “Axeperts” to make things fun and safe. Randall Connelly founded Valkyrie Axe Throwing in August 2019. The proceeds of the current crowdfunding raise, with a minimum goal of $22,000 and a maximum goal of $50,000, will be used for cash flow stabilization, lanes rebuild, a new tap system, and an additional travel lane. Valkyrie Axe Throwing is the place to drink beers, throw axes, and make bad jokes to create unforgettable experiences.
Twin Pikes Roastery, a micro-roastery in Louisiana, MO, is raising crowdfunding on MainVest. The small-batch roastery supplies freshly roasted coffee at fair prices. The mission of Twin Pikes Roastery is to provide unique coffee, unique beverages, and other products like bean to bar chocolates. Ryan Cornell and Matthew Macheca founded Twin Pikes Roastery in September 2019. The current round of crowdfunding has a minimum goal of $20,000 and a maximum goal of $30,000. The raise proceeds will target the purchase of additional equipment, space buildout, and operating cost. Twin Pikes Roastery is also developing a line of craft coffee syrups with real flavors and no preservatives.
Love of Honey, a honey products business in Goochland, VA, is raising funds on MainVest. The company makes varieties of pure honey, honey caramel, and chocolate-covered honey with roasted pecans. George Hatchell founded Love of Honey in June 2020. The proceeds of the current crowdfunding raise, with a minimum target of $50,000 and a maximum target of $200,000, will be used for the purchase of kitchen equipment and farm equipment and the expansion of the farm. Love of Honey celebrates a natural resource and stimulates local agriculture. The business ensures that its bees have access to abundant food sources, water, and everything they need for good health and survival.
Lonerider Spirits, with a pre-money valuation of $25.9 million, is raising funds on Wefunder. The company makes adventurous spirits for outlaws and distributes them through pre-existing distributor relationships. The Lonerider Spirits brand is iconic and helps the business establish distillery locations due to its name recognition. Chris Mielke founded Lonerider Spirits in May 2018. The proceeds of the current crowdfunding raise, with a minimum goal of $50,000 and a maximum goal of $1.07 million, will be used for the construction costs of new locations at Pembroke, NC, Durham, NC, and Forest, NC. Lonerider Spirits has received over 30 awards, including NC Whiskey Distillery of the Year in 2020. The revenue from spirits went up 52% from $233,100 in 2019 to $349,600 in 2020.
KingsCrowd, a financial data platform for the online private markets, is raising funds on Republic through Regulation A+ crowdfunding. The company is creating the first data-driven online ratings and analytics platform for private companies, with particular emphasis on growth-stage companies. KingsCrowd uses artificial intelligence to capture, rate, and track early-stage companies and is building a related database. Through the process, the company is taking the guesswork out of investing in startups. KingsCrowd was founded by Christopher Lustrino in 2018 and has raised more than $2.2 million since its inception. The current crowdfunding round has no minimum target and a maximum target of $15 million, and the proceeds will be used for product expansion, channel expansion, and geographic expansion. KingsCrowd is currently serving more than 350,000 retail investors and thousands of paying customers. The company experienced 20-times year-over-year revenue growth in 2020.
