Below are the newest equity crowdfunding raises that started this past week. For additional information, we encourage KingsCrowders to click on the link provided for more details, how each startup’s respective raise is progressing, and the ideas
they are bringing to the marketplace.
Please note, these are not recommendations but are meant to inform our readers of new investment opportunities.
Be sure and check back with KingsCrowd in the future. We will continue providing updates on the following deals as they progress. Particularly if we feel they meet our criteria of being worthwhile as potential investments.
Hera Health Solutions, with a pre-money valuation of $4.2 million, is raising funds on MicroVentures. It is a leading pharmaceutical company focusing on subcutaneous and biodegradable drug delivery implants. The product is Hera Health Solutions’
proprietary technology and gets resorbed into the body after the drug or hormone of choice is released. Idicula Mathew and Garrett Whitfield founded Hera Health Solutions in 2017.
The current crowdfunding round has a minimum target of $50,000 and a maximum target of $107,000, and the proceeds will be used to pay the costs associated with the FDA and WHO approvals, research & development, regulatory development, and manufacturing.
Hera Health Solutions has already received $100,000 in seed funding and has won a $10,000 prize at the Get Started Louisiana Pitch Night.
Dine, the future of foodservice, is raising crowdfunding on StartEngine. The company has a pre-money valuation of $5.08 million and works on the DineGigs platform to offer the restaurant owners and operators an efficient ERP infrastructure. The
platform aims to provide a seamless and connected restaurant management environment.
Dine was founded by Duncan Parker in June 2017 and has raised over $200,000 in previous rounds of funding. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $535,000, and the proceeds will be used for marketing,
R&D, product launch, and operations. The Phase 1 international launch of Dine is scheduled on July 22, 2019, and has already been chosen one of the top twenty-five disruptive startups to receive software development funding in 2017.
Bestest, with a valuation cap of $8 million, is raising funds on MicroVentures. The company has built a social polling app where users can create, share, and participate in polls with a specific target audience. Users can apply the collected data
to market research, decision making, and live voting.
Bestest was founded by Kelly Helmuth and Lalit Goel in 2017 and has raised $750,000 in previous rounds of funding. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $107,000, and the proceeds will be used for
continued product development, marketing, user acquisition, and retention capabilities. Bestest has already been used to create 51,840 polls and has received 3.2 million votes since its formal launch in September 2018. The app currently has
more than 37,892 users.