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.
We will also keep providing you with more updates on the following deals as they progress. Particularly if we feel they meet our criteria of being worthwhile as potential investments.
Happy Investing!
Nude Barre, with a valuation cap of $2 million, is raising equity crowdfunding on WeFunder. The company is offering the nude, or beige, version of Uniqlo. Nude Barre will provide 12 shades of nude intimates, including bras, underwear, socks, slips, shapewear, and hosiery. It was founded by Erin Carpenter in late 2011.
The company has already raised $55,750. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $107,000, of which $5,750 have been raised so far. The company reported 70% revenue growth, YoY, from 2016 to 2017, with 89% gross margin. Nude Barre has celebrity customers including Serena Williams, Wendy Williams, and Tyra Banks, and partnerships with brands like Cover FX and Ashley Stewart.
ZenSpace is raising crowdfunding on SeedInvest, with a pre-money valuation of $7 million. ZenSpace has developed ZenPods that convert any place to a quiet, smart office. It has created a highly flexible, on-demand system for conducting business and meetings.
Mayank Agrawal founded it the company in 2017. The current seed round of funding has a minimum raise of $25,000 and a maximum raise of $1,070,000, of which $27,252 have already been raised. ZenSpace has already been approved to be an official vendor of Microsoft and a provisional patent has already been filed.
Emerson’s Southburger is raising equity crowdfunding on WeFunder. The company is known for its gourmet wood-fired burgers that have been inspired from neighborhoods around the world. Emerson’s Southburger was started in 2011 by two cousins Marshall Dean and Carlos Barba Martin.
The company has already raised $5,754 and the current round has a minimum raise of $400,000 and a maximum raise of $800,000. Emerson’s Southburger has been ranked the number 1 burger joint in Guadalajara, with a Google rating of 4.6/5. It has four successful restaurants in Mexico and is now opening its first US location in Brooklyn.
Mid-Atlantic Studios, with a pre-money valuation of $4.28 million, is raising equity crowdfunding on WeFunder. It is a film studio based in the Mid-Atlantic region, with two projects ready and one on the way. The company is working towards creating a sustainable environment for filmmaking in this region. The founder of Mid-Atlantic Studios is Ron Newcomb.
The studio has already raised $5,151 from investors in the current equity crowdfunding round which has a minimum raise of $100,000 and a maximum raise of $1,070,000. The founder has more than 20 years of experience in filmmaking, and he has spent the last few years in creating distribution channels for films developed through Mid-Atlantic Studios.
Co verUS, with a valuation cap of $8 million, is raising equity crowdfunding on Republic. CoverUS is a soon-to-be-launched app which will enable the users to sync their electronic health records and keep the data secure. The users can also get paid for responding to special offers from the healthcare industry and get cash back on their medical expenses.
CoverUS was founded by Andrew Hoppin, Christopher Sealey, and Peter Shanley in 2017. The current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $1,070,000, has already raised $26,900. CoverUS is launching the pilot in 2019 with a target of 1.5 million member patients. It has already won 2017 Consensys Blockchain Hackathon and has been a part of Startup Health accelerator.
Proctor360, with a post-money valuation of $1.3 million, is raising equity crowdfunding on StartEngine. It is offering a unique handset with 360 degrees camera to get a full view of the testing space so that any exam can be taken from anywhere without any chance of cheating.
Proctor360 was founded in May 2018 by Ganga Bathula, Don Kassner, and Kranthi Bathula. The current round of equity crowdfunding has a minimum raise of $10,000 and a maximum raise of $107,000, of which $9,190 has already been raised. Proctor360 has already designed the final version of the headset and has applied for a patent. The company has also talked to various companies and colleges for the testing of its technology.
Lavabit is raising crowdfunding on Republic, with a valuation cap of $10 million. The company aims to replace regular emails with a new federated end-to-end protocol. Lavabit offers Dark Internet Mail environment which is simple yet secure. Ladar Levison founded the company.
The current crowdfunding round of the company has a minimum raise of $150,000 and a maximum raise of $1,070,000, of which only $1,900 have been raised so far. Lavabit is poised for growth with global brand recognition and allegiance. Since the relaunch, the company has more than 100,000 returning customers and 15,000 new customers in 85 countries.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
