Below are the latest equity crowdfunding raises begun this past week. For additional information, we encourage KingsCrowders 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.
Top Shelf Cookies, a bakery in Dorchester, MA, is raising funds on MainVest. The bakery makes unique and delicious cookies with unexpected ingredients and flavour combinations. The bakery currently sells to farmer markets, offices, and breweries and is planning to open its first brick-and-mortar location. Top Shelf Cookies was founded by Heather Yunger in 2014. The current round of crowdfunding has a minimum goal of $60,000 and a maximum goal of $100,000. The funds will be used for space improvements, equipment, and operating expenses. Top Shelf Cookies is a craft cookie company that appeals to both locals and tourists. The company has already secured many wholesale accounts and has set up an ecommerce business.
Serafini Pictures, a content productions company in New York, is raising funds on MainVest. It is a boutique production and distribution company that makes innovative films in a cost-effective and competitive manner. The company is raising funds for its new film, Rising. Rising is an action-thriller that follows the life of an African-American man who falls into a coma while skateboarding. Serafini Pictures is headed by Susanne Bohnet and was founded in 2016. The proceeds of the current crowdfunding campaign, with a minimum raise of $75,000 and a maximum raise of $250,000, will be used for rent, payroll, budgeting and scheduling, and paying the talent. Serafini Pictures is a forward-thinking company that makes movies with unique perspectives and long-overlooked viewpoints.
Backers, with a post-money valuation of $9.6 million, is raising funds on NetCapital. The company creates eSports events and crowdfunds the entry fees through the fans and teams. The fans, thus, receive equity in the team and receive their share of the winning amount if their team wins. The transactions are facilitated through smart contracts and cryptocurrency. Backers was founded by Brian Tinney in 2018. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $1,070,000, will be used for marketing, MVP launch, branding, and developer labour. Backers has already completed a poker tournament on the Ethereum network and has established relationships with eSports franchises and creators.
Launch, with a $10 million valuation cap, is raising funds on Wefunder. The company helps independent artists in furthering their music career by producing their live musical events, both in real life and online. The artists leverage their individual strengths to work together under a centralised community. Launch was founded by Brian Stollery and Wesley Powell in April 2020 and has raised $10,000 since its founding. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $107,000. The proceeds will be used for streaming infrastructure, initial staffing and production, marketing, as well as hiring marketing and production managers. Launch will function as an artist co-op, a virtual concert venue, and a live-music subscription service.
Savannah Sauce Company, with a valuation cap of $2 million, is raising funds on Wefunder. The company makes and sells wholesome, homemade, and delicious sauces. The sauces are great tasting and meet the dietary and quality requirements of health-conscious customers. The product line of Savannah Sauce Company includes hot sauces, ketchups, BBQ sauce, marinades, and other assorted sauces. Savannah Sauce Company was founded by Tracey Richburg and Michael Roberson in 2014 and has raised $80,000 since its inception. The proceeds of the current crowdfunding campaign, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for marketing, distribution, and inventory. Savannah Sauce Company already has its signature sauces in 46 Whole Foods Market stores in the southern region. The company’s sales have not been negatively impacted by COVID-19.
Valley Tavern, a neighbourhood bar in San Francisco, is raising funds on Honeycomb. The bar has a diverse selection of wines, beers, and cocktails, in addition to 20 screens for sports lovers. It is an Irish bar and a vital community hub, with exceptionally friendly staff and a friendly atmosphere. Valley Tavern is owned by Declan Hogan, Brittney Freed, and Vincent Hogan. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $50,000, and the funds will be used to survive the COVID-19 pandemic by paying the past due bills and using the remaining funds towards working capital. Valley Tavern serves a wide selection of liquor, specialty cocktails, and 40 beers on draft. The bar is led by experienced owners and is highly rated by its customers.
Trident Shield, a security training and consulting company, is raising funds on Honeycomb. The company specialises in workplace violence, active shooters, and emergency preparedness. It works with businesses and organisations to help them in security assessments, emergency action plan development, and emergency security consulting. Trident Shield was founded by Jason Perry in 2014. The proceeds of the current crowdfunding campaign, with a minimum goal of $10,000 and a maximum goal of $50,000, will be used for marketing and public relations. Trident Shield offers the best active shooter training and has a high satisfaction rating among its clients. The company offers its programs through live and online mediums and generated revenues of over $500,000 in 2019.
West 32 Soju, with a pre-money valuation of $4.4 million, is raising funds on StartEngine. The company makes natural and gluten-free New York soju which can be used to elevate fine cocktails. West 32 Soju is combining Korean tradition and American craft to create a refined drink, true to its heritage. West 32 Soju was founded by Daniel Lee and Max Fine in 2015. The current round of crowdfunding has a minimum target of $9,990.96 and a maximum target of $249,989.97. The proceeds will be used to expand brand awareness, increase public relations, increase the tasting capabilities in liquor stores, and hire more market managers. West 32 Soju manufactures two varieties: Original Soju and Reserve Soju, and sells them at high profit margins ranging between 50% and 65%.
Contento, a new American restaurant in New York, is raising funds on MainVest. The restaurant aims to provide an authentic dining experience to its diners through comforting food and beverages, warm hospitality, and personalised service. It will offer small plates, pizza, pasta, classic cocktails, beer, and wine. Contento is owned by Yannick Benjamin, Mara Rudzinski, Oscar Lorenzzi, George Gallego, and Lorenz Skeeter. The proceeds of the current round of crowdfunding, with a minimum raise of $50,000 and a maximum raise of $107,000, will be used for renovation and inventory and equipment. Contento is committed to providing the cultural, historical, and artistic experience that represents New York City. The team behind the restaurant is highly experienced and passionate and comes with a mission to elevate Harlem dining.
KinectAir, with a pre-money valuation of $6 million, is crowdfunding on Wefunder. The company provides accessible air travel experiences through its efficient and right-sized aircraft. KinectAir has designed intelligent software that meets customer demand in real-time and creates a booking for the actual need. The products of KinectAir include go-anywhere point-to-point charter, group flights for eight people, and turboprops with up to 80 seats. KinectAir is led by Jonathan Evans and has raised over $230,000 since its inception. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The funds will be used for marketing and brand development, general operating expenses, aviation operations, and regulatory certification. KinectAir is an excellent combination of a talented team, intelligent AI-driven software, joy, and accessibility.
Jinglz, with a post-money valuation of $21.1 million, is raising funds on NetCapital. The company has developed a platform to measure audience engagement and emotion. Jinglz’s AI-powered tools build and run focus group tests to produce quantitative data for audience engagement and reaction. Jinglz was founded by Aaron Itzkowitz in 2017. The current crowdfunding campaign of the company has a minimum goal of $10,000 and a maximum goal of $249,999. The funds will be used for product development, investor marketing, marketing and sales, and general & administrative expenses. Jinglz was awarded its patent in March 2020, and it has won the 2020 Reed Award as the best application of artificial intelligence technology to optimise creative in January 2020.
Illume- Nashville, a new Nashville luxury condo, is raising funds on Republic. The property is a 77-unit residential condominium with a landscaped courtyard, custom pool, and fitness centre. The condo has been designed by The Bradley Projects and offers clean lines, airy interiors, and abundant sunlight. Illume- Nashville is led by Janine Yorio and Jesse Stein and will be owned by Compound Projects. The proceeds of the current round of crowdfunding, with a minimum target of $46,300 and a maximum target of $324,100, will be used for the acquisition of the property. Illume- Nashville has strong potential for capital appreciation and will be used for vacation rental. The rental services will be managed by Turnkey, a branded hospitality service for private accommodations.
Flatiron- Miami, a new condo building in Miami, is raising funds on Republic. The property is located at 1000 Brickell Plaza and is sixty-four stories high. The innovative architectural design of Flatiron- Miami is developed by Ugo Colombo and designed by Luis Revuelta. The residents will experience unsurpassed luxury with the five-star service and amenities of Flatiron- Miami. Brickell Flatiron is led by Janine Yorio and Jesse Stein and will be owned by Compound Projects. The proceeds of the current round of crowdfunding, with a minimum target of $53,200 and a maximum target of $300,000, will be used for the acquisition of the property. Flatiron- Miami is located at one of the world’s hottest vacation spots and in the middle of a business district.
44 East- Austin, a new residential condominium in Austin, is raising crowdfunding on Republic. It is a 49-story 322-unit condominium at a unique location with breathtaking views. The condo is exquisitely designed by Michael Hsu Office of Architecture and boasts of a neighboring park, water, and urban settings. 44 East- Austin is led by Janine Yorio and Jesse Stein and will be owned by Compound Projects. The proceeds of the current round of crowdfunding, with a minimum target of $64,500 and a maximum target of $193,500, will be used for the acquisition of the property. 44 East- Austin is located at an excellent location where home values have appreciated by 63.8% over the past ten years.
CallingDr, with a $10 million valuation cap, is raising funds on Republic. The device-independent solution of CallingDr connects doctors and patients, anywhere and anytime. It assists doctors and patients in terms of accessibility, availability, portability, manageability, and safety. The telehealth platform has three main products: CallingDr, CallingDr -On Demand, and FindingDr. CallingDr was founded by Adnan Malik, Dr. M. Shaukat, M. Kashif Akram, and Dr. Iram Malik in 2019 and has raised over $1 million since its founding. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $359,000, will be used for growth and expansion. CallingDr reported a 600% growth in patient visits during the COVID-19 pandemic between March and May 2020. It generated $280,000 in revenue in 2019 and is expected to generate $1 million this year.
Stackhouse, with a valuation cap of $5 million, is raising funds on Wefunder. The company makes homeownership affordable with its transportable homes. It refurbishes and remediates shipping containers to develop customizable Stackhouse container homes. The container homes are highly affordable and come with community amenities like designated areas for socializing. Stackhouse was founded by Janelle Briggs and Ryan Egan in 2017. The proceeds of the current round of crowdfunding, with a minimum goal of $100,000 and a maximum goal of $1,070,000, will be used to secure the patent portfolio, receive permits for the Tucson proof-of-concept development, and release the construction loan. Stackhouse will build vertical communities to dock the transportable homes in cities across the US, adding more value to the homes.
Financial Freedom Investments, an investment company with a diverse portfolio of assets, is raising funds on Honeycomb. The company sells or leases properties to homeowners and tenants and earns through its fix and flip strategy or buy and hold strategy. Financial Freedom Investments was founded by Aekeam Awad in 2017. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $50,000, and the funds will be used to stay afloat during COVID-19 by paying mortgages on the owned properties and acquiring new properties and materials. Financial Freedom Investments is a Baltimore-grown business that hires local workers and believes in giving back to the community.
misterb&b, with a $40 million valuation cap, is raising funds on Wefunder. The company offers short term rental accommodations for the LGBTQ community. It currently has 1 million accommodations for the community in 200 countries, including hotels, apartments, and private rooms. misterb&b was founded by Matthieu Jost and Francois de Landes de Saint Palais and has raised over $15 million since its founding. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $535,000, and the proceeds will be used to offer new tools for hosts and guests to adapt to COVID-19, build on efforts to provide short-term emergency housing to the members of the community and promote and market itself. misterb&b is empowering the LGBTQ community to travel safely, comfortably, and feel more welcome.
TaskCause, with a valuation cap of $3 million, is crowdfunding on Wefunder. The company is a new way for non-profit organizations to reach their local communities. The supporters of NGOs get an opportunity to give back through Giving by Doing with TaskCause. They get to give their time and skills to their friends by helping them with their tasks and, thus, raise awareness and funds for their non-profit cause. TaskCause was founded by Sang Nam in 2019 and has raised more than $200,000 since its inception. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $250,000, will be used to continue the development of the app, hire a salesperson, and pay for other business expenses. TaskCause is bringing an innovative change in the community by allowing volunteers to make a difference on their own terms.
TruckBux, with a $6 million valuation cap, is raising funds on SeedInvest. The TruckBux app allows customers to look for food trucks around them, order the food, make payments, and get the food delivered or pick it up. The food truck owners get to receive online orders, manage their menu and hours, set their live location, and receive sales analytics. TruckBux was founded by Nick Nanakos and has raised over $250,000 in previous rounds of financing. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $1,000,000, and the funds will be used for advertising and marketing, salaries and wages, software and subscriptions, data expenses, travel, and contractors. TruckBux currently has over 60 food trucks signed up on its platform and is allowed to deliver in all 50 states due to its integration with Postmates. The company achieved $157,000 in gross merchandise value in 2019, up 123% year-over-year.
Yonder Global, with a pre-money valuation of $18 million, is raising funds on Wefunder. It is a travel booking platform that connects people to nature. The properties on the Yonder Global platform are close to nature and bring about an intersection of travel, health, and nature. It attracts nature-seeking travelers looking for farms, ranches, open skies, mountains, vineyards, waterfronts, forests, and escapes. Yonder Global was founded by Tim Southwell, Freyr Thor, Bill Lee, Matthew Schmidgall, and Derek Newsom and has raised over $4 million since its inception. The current round of crowdfunding has a minimum goal of $250,001 and a maximum goal of $1,070,000, and the funds will be used for marketing, operations, business development, and technology. Yonder Global is bringing a welcome change during the global stress epidemic and aims to protect the ecological balance.
Aera, with a $5 million valuation cap, is raising crowdfunding on Republic. The company makes luxury, vegan sustainable footwear. The footwear is handmade by local artisans in Veneto, Italy, and is offsetting environmental impacts by 110%. The product line consists of 15 women’s and five men’s styles. Aera was founded by Tina Bhojwani, Jean-Michel Cazabat, and Alvertos Revach in November 2018 and has raised over $1 million since its founding. The proceeds of the current crowdfunding campaign, with a minimum goal of $25,000 and a maximum goal of $1,070,000, will be used for launch and growth. Aera places equal value on the product, people, and the planet and is tapping into the personal luxury goods market. The company plans to work on 80% online and 20% wholesale business model.
