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.
MicroMGx, with a valuation of $10.9 million, is raising funds on Netcapital. The company’s platform helps discover microbes that produce new chemical compounds. The newly discovered compounds can be used by life sciences companies to make economically valuable and environmentally friendly products for agriculture, pharmaceuticals, and other industries. MicroMGx has discovered new molecules for clients in the agriculture and animal health industries and has a self-built library of more than 2,500 isolated microbial strains. William Metcalf, Neil L. Kelleher, and Regan Thomson founded MicroMGx in July 2015. The current crowdfunding campaign has a minimum target of $10,001 and a maximum target of $1,069,998. The campaign proceeds will be used for compensation, platform costs, testing MGX 1001, rent, structure isolation, and additional equipment.
ITerum Energy, with a valuation of $44.6 million, is raising funds on Castle Placement. The company is developing modular power generation systems to convert waste heat into low-cost and environmentally friendly electric power. Its clean, renewable energy solution could help prevent business disruptions during natural disasters. The business has several competitive advantages, including flexible and scalable architecture, end-to-end solutions, and scalability across a wide range of industries and heat sources. Mark Ryan founded ITerum Energy in May 2011. 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 project growth, inventory and equipment, team development, research and development, and sales and marketing.
Hendersonville Toy Company is raising funds on Mainvest. It is an upcoming toy store in Hendersonville, North Carolina that will begin as a series of pop-up shops before opening a permanent location. The toy store will sell a variety of toys, adult and youth games, a wide selection of books, and stationery items. Hendersonville Toy Company’s event rental space will be ideal for birthday parties, baby showers, homeschool groups, and small meetings. Lyndsey Simpson founded Hendersonville Toy Company in January 2022. 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 working capital, furniture and equipment, and space build.
Phone2, with a valuation of $5 million, is raising funds on Wefunder. The company is creating a collaborative telephone for businesses without hardware. The platform allows teams to collaborate and respond to customers, share phone numbers, and manage calls and texts as a team. Phone2 also lets teams chat and take notes under shared contacts. Phone2 has 14,000 people on the waiting list. Andrew Shaker and Dmitrii Poroshkov founded Phone2 in April 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $700,000. The campaign proceeds will be used for marketing and brand building, expansion of product and technology offerings, and satisfying burn rate and fundraising obligations.
AlphaFlow, with a valuation of $120 million, is raising funds on Republic. The platform is connecting American real estate lenders with the world’s best institutional investors. The lenders sell their loans and run their businesses seamlessly using AlphaFlow, and investors get to invest online in real estate debt. AlphaFlow currently has curated partnerships with lenders across 43 states and is one of the top buyers of private real estate loans. Ray Sturm founded AlphaFlow in May 2015. 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, marketing, sales, and general working capital.
Wind Harvest is raising funds on Wefunder. The company makes and sells H-type vertical-axis wind turbines for renewable energy generation. Its engineers design wind-focused technologies, and scientists test how the turbines can be used to increase the energy output. Then, regional licensees develop projects using Wind Harvest’s products and services. Wind Harvest has multiple projects in development and has a strong sales pipeline. Kevin Wolf and Cornelius Fitzgerald founded Wind Harvest in April 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $2,500,000. The campaign proceeds will be used for engineering and patents, administration and company growth, project development, marketing and sales, and model 4.0 installation and certification.
GoPillar, with a valuation of $8 million, is raising funds on Republic. The company enables anyone to design homes online. The platform provides users professional support from architects and engineers across the world. By holding contests, clients get dozens of high-quality design options at much lower costs than traditional design services. GoPillar has more than 60,000 registered designers and has been used for creating more than 50,000 design projects. Frederico Schiano di Pepe, Filippo Schiano di Pepe, and Alessandro Rossi founded GoPillar in April 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 for marketing, product development, and hiring.
Vantage Sports, with a valuation of $4.96 million, is raising funds on StartEngine. The company has created a marketplace to connect college athletes to young athletes. The platform enables young athletes to receive private sports training and advice on the college recruiting process. It also gives college athletes an opportunity to earn income through training. Matthew Perper founded Vantage Sports in February 2021. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $1,069,999.80. The campaign proceeds will be used for marketing, research and development, salaries, and operations.
Outdoor Office, with a valuation of $15 million, is raising funds on StartEngine. The company builds fully functional and customized at-home office units. Outdoor Office’s office units bridge the gap between backyard sheds and accessory dwelling units by being efficient, affordable, and high-tech. Outdoor Office is led by an experienced team and has reported an average 350% increase in year-over-year revenue since 2019. Anthony Taylor-Weber founded Outdoor Office in May 2022. 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 marketing, hiring, inventory, operations, and working capital.
QuantConnect, with a valuation of $44.4 million, is raising funds on Wefunder. The company has developed a platform to make quantitative investing simple, affordable, and accessible. The QuantConnect trading platform combines programming, analysis, and data science to help investors trade with quantitative strategies. QuantConnect has 1,500 paying clients and reached $1 million in revenue in 2021. Jared Broad founded QuantConnect in January 2013. The current crowdfunding campaign has a minimum target of $50,004 and a maximum target of $4,999,999. The campaign proceeds will be used for engineering and development, education and sales outreach, and hiring.
Stock Card, with a valuation of $10 million, is raising funds on Republic. The company has created a platform that makes investment research digestible and easily understandable for investors. Stock Card’s research eliminates reactionary and emotional decisions and enables individual investors to generate higher returns. Stock Card is growing through partnerships and has more than 216% annual user growth and 126% annual revenue growth. Hoda Mehr founded Stock Card in February 2018. 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 research and development, hiring, marketing, and general working capital.
Maverick Lifestyle is raising funds through Regulation A crowdfunding with Dalmore Group as the broker dealer. The company is engaged in the manufacturing, branding, marketing, distribution, and sales of products infused with hemp-derived cannabinoids. These products include hemp cigarettes, hemp cigarillos, blunts, gummies, disposable vapes, and edibles. Victor Krahn and Bryce Foreman founded Maverick Lifestyle in March 2022. The current crowdfunding campaign has a maximum target of $24.75 million. The campaign proceeds will be used for marketing and advertising, repayment of notes, general and administrative costs, and working capital.
Calculated Sequels is raising funds through Regulation A crowdfunding with Dalmore Group as the broker dealer. Calculated Sequels is a global young adult movie franchise produced for a major studio release. The movie series will be based on a popular action-adventure and thriller novel series. The book series has four novels, three of which are already released. Jason Brents founded Calculated Sequels in December 2021. The current crowdfunding campaign has a minimum target of $72,000 and a maximum target of $7.2 million. The campaign proceeds will be used for literary rights, director and actor retainers, marketing and distribution expenses, general overhead, and more.
Radiolife, with a valuation of $14 million, is raising funds on Wefunder. The company is building an alarm for pandemics based on its proprietary technology. The device is called Cube Scan. It uses radio frequency and artificial intelligence to diagnose diseases more accurately and faster than any other available solution. The technology is being used to detect the SARS-CoV-2 virus in swabs or saliva samples in less than 20 seconds without the use of additional equipment or reagents. Sergio Ribeiro and William Dias founded Radiolife in January 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for research and development, clinical trials, intellectual property protection, manufacturing, sales, and marketing.
Ujama, with a valuation of $10 million, is raising funds on Wefunder. The company developed a farmers’ market app that spreads the goodness of farmers’ markets to the world. The app, Soko, is modernizing farmers’ markets by helping them grow with technology. Soko enables users to discover farmers’ markets near them, follow their favorite vendors, skip the lines, and make electronic payments. Hugh Molotsi founded Ujama in March 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for app development, marketing, and business development.
Virtuoso Surgical is raising funds through Regulation A crowdfunding with Deer Isle Capital as the broker dealer. This medtech company creates robotic tools to aid surgeons. The company attempts to improve surgery outcomes by making them minimally invasive with dexterous, accurate, and cost-effective robotic tools. Virtuoso Surgical has licensed its rights to patents held by John Hopkins University and Vanderbilt University. Richard Hendrick and Robert Webster founded Virtuoso Surgical in April 2016. The current crowdfunding campaign has a maximum target of $20 million. The campaign proceeds will be used for materials and equipment, personnel, consulting expenses, working capital, sales and marketing, and research and development.
Soul Bites is raising funds on Honeycomb. It is a restaurant, bar, and upcoming entertainment venue in Santa Barbara, California. The business serves as a soul food bistro and community gathering space during the day and transforms into an intimate music venue at night. Soul Bites’ stage has hosted multiple performers, including The Foo Fighters, Kendrick Lamar, and The Silversun Pickups. Soul Bites has a loyal customer base and maintains a five-star rating on Yelp for its food and service. Stirling Nix-Bradley and Rose Nix-Bradley founded Soul Bites in April 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 bar equipment, sound and lighting equipment, bathrooms compliant with The Americans with Disabilities Act, beer and wine license, and surface renovation and furnishings.
Verispellis, with a valuation of $12 million, is raising funds on StartEngine. Using Nitinol (a nickel titanium metal alloy), the company makes cutting-edge, shape-shifting skis and snowboards suitable for all conditions. The skis and snowboards are instrumented with digital, metallurgical, and electronic technology to tune performance based on weather and snow conditions. Ara Nazarian and Edward Rodriguez founded Verispellis in September 2017. The current crowdfunding campaign has a minimum target of $9,992.62 and a maximum target of $999,999.02. The campaign proceeds will be used for marketing campaigns, operations, and developing products.
DrySee, with a valuation of $9.94 million, is raising funds on StartEngine. The company has made a waterproof bandage with liquid intrusion technology. The bandage is targeting the advanced dressings market and alerts users when water has penetrated it. DrySee has reported a month-over-month increase in its Amazon sales and a 57% total revenue increase since February 2022. Brad Greer founded DrySee in July 2019. The current crowdfunding campaign has a minimum target of $9,999.36 and a maximum target of $999,998.40. The campaign proceeds will be used for research and development, marketing, hiring, operations, working capital, and inventory.
NeuEsse, with a valuation of $10.01 million, is raising funds on Netcapital. The company is creating a human skin substitute called OmegaSkin. OmegaSkin uses water-soluble soy protein isolate to make a high-tech, extracellular matrix or scaffold. It can be used by clinicians to treat patients with wounds, burns, and other skin injuries. OmegaSkin has been researched at Carnegie Mellon University and won the BoomStartUp pitch competition. Joe Connell founded NeuEsse in April 2018. 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 intellectual property protection, FDA application, biocompatibility study, stability testing, clinical trials, and more.
Transizion, with a valuation of $7 million, is raising funds on SeedInvest. The company’s educational technology mentorship platform, CollegeRize, connects students and professionals for better college and career outcomes. The platform caters to students’ academic and career needs and helps young professionals monetize their career expertise. Transizion’s business-to-consumer offering has more than 300 customers and has achieved $860,000 in revenue since inception. The business-to-business (B2B) platform is targeted to be live in the second half of 2022. Jason Patel and Dharik Patel founded Transizion in September 2015. The current crowdfunding campaign has a minimum Regulation Crowdfunding target of $25,000, a minimum raise target of $500,000, and a maximum target of $1,070,000. The campaign proceeds will be used for scaling the tech team, content marketing, scaling the B2B team, and acquiring mentors.
Stellaris, with a valuation of $24.5 million, is raising funds on StartEngine. The company is developing a fully transparent and smart photovoltaic window that can generate electricity from light. The window, ClearPower, is designed to meet the urgent need of buildings to generate their own green electricity. Stellaris currently holds three patents and is in the pre-revenue stage. James B. Paull founded Stellaris in October 2007. The current crowdfunding campaign has a minimum target of $9,999.89 and a maximum target of $1,069,999.82. The campaign proceeds will be used for research and development, marketing, working capital, inventory, operations, and salaries and benefits.
Bizfluence, with a valuation of $13.8 million, is raising funds on StartEngine. It is a business-oriented social network, community, and platform focused on building relationships. The end-to-end ecosystem helps entrepreneurs and professionals come together and conduct transactions with real business. Features on the roadmap include booking meetings and calls, buying products and services through verified transactions, and using website and e-commerce tools. The platform has 15,000 organic users and a strong 10-minute average engagement per session. Jacob Davis founded Bizfluence in August 2020. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $3,249,999. The campaign proceeds will be used for operations, marketing, and research and development.
