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.
Fashwire, with a valuation cap of $10 million, is raising funds on Republic. It is a global multi-brand marketplace that is driven by data and technology. Fashwire uses Data Insights Technology to deliver consumer-centric insights and to influence fashion trends and ideas. Users download the Fashwire application and use it to share their preferences in designers and brands. The data can then be accessed by the designers in real-time to modify their collections based on the customers’ feedback. Fashwire was founded by Kimberly Carney in September 2015 and has raised over $2 million since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $1,070,000, will be used to ramp up the technology, enhance the algorithms, and invest in team and marketing. Fashwire has had over 35,000 downloads and hosts more than 200 brands from over 25 countries.
Dispatch Goods, with a $4 million valuation cap, is raising funds on Republic. The company manufactures and sells reusable food containers for restaurants, reducing the use of plastic. Dispatch Goods is app-based and partners directly with the restaurants to supply stainless steel reusable containers. The boxes are delivered and then collected, washed, and returned to the partners. Dispatch Goods was founded by Lindsey Hoell and Adam Boostrom in July 2019. The current round of crowdfunding of the company has a minimum target of $25,000 and a maximum target of $1,070,000, and the funds will be used to expand the product offerings throughout California and other cities of the United States. Dispatch Goods is launching in March 2020 with two paid corporate clients and has over 15 large corporate deals in the pipeline.
SONDORS Electric Car Company, with a pre-money valuation of $80.4 million, is raising crowdfunding on StartEngine. The company manufactures and sells affordable and eco-friendly electric vehicles. SONDORS Electric Car Company has already built a concept prototype and is now ready to make a production-ready vehicle. The company was founded by Storm Sondors, a specialist in design and manufacturing, and has raised over $1.4 million in previous rounds of funding. The proceeds of the current round of crowdfunding, with a minimum raise of $9,980 and a maximum raise of $1,069, 993, will be used to build the production-ready vehicle prototype. SONDORS Electric Car Company has already accepted 1,500 deposits for the initial vehicles.
SoKO, with a pre-money valuation of $11 million, is raising funds on StartEngine. The company is creating an intersection between the CBD industry and the fashion industry and changing how the consumers view CBD and hemp products. The innovative CBD products of SoKO include tinctures, infused beverages, culinary products, pet products, and more. SoKO was founded by Dave Soko, a leader in the fashion and hemp industry. The current round of crowdfunding of SoKO has a minimum goal of $10,000 and a maximum goal of $107,000, and the proceeds will be used to add more value to the company. SoKO is currently selling its products worldwide, with an average profit margin of 50% and an increase of 412% in sales from 2018 to 2019.
Franny’s Manufacturing, with a $3 million pre-money valuation, is raising funds on StartEngine. The company manufactures affordable and high-quality CBD products, including pet products, women’s health products, men health products, baby products, and edibles. The products of Franny’s Manufacturing are made from local, organic, and quality-controlled ingredients and are made in small customized batches. Franny’s Manufacturing was founded by Franny Tacy and Jeff Tacy in March 2019. The current round of crowdfunding of the company has a minimum target of $10,000 and a maximum target of $535,000, and the funds will be used to purchase new equipment, increase marketing, and hire new staff. Franny’s Manufacturing uses its proprietary and distinctive recipes that give it an advantage over the competitors.
Yae! Organics, with a pre-money valuation of $2.45 million, is raising funds on StartEngine. The company makes skincare products, snacks, beverages, and supplements using the highest quality fruits and vegetables. The products of Yae! Organics make it easy for individuals to meet their daily quotient of fruits and vegetables. The company was formerly formed as Foy Foods, which was dissolved in 2019 to create Yae! Organics. Yae! Organics was founded by Lorenzo Holley, a third-generation farmer. The current round of crowdfunding of the company has a minimum goal of $9,999 and a maximum goal of $106,999, and the proceeds will be used to grow and reach the projected milestones. Yae! Organics has over 10,000 customers and has already been profitable, with more than $245,000 in revenue.
Pure Green Franchise, with a $12 million valuation cap, is raising funds on Republic. It is a juice bar franchise that makes superfoods easily accessible to people through its handcrafted menu. The menu of Pure Green Franchise includes cold-pressed juice, cold-pressed juice shots, acai bowls, pitaya bowls, superfood smoothies, and superfood-infused oatmeal bowls. The company was founded by Ross Franklin in August 2019 and has raised over $1.7 million since its founding. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $1,070,000, and the funds will be used to scale the business with the target of reaching 50 franchise locations by the end of 2020. Pure Green Franchise is a nationally recognized brand in over 30 states and has 5 Pure Green retail locations in New York City. The company generated total revenue of more than $3 million in 2019.
The Greatest Adventure on Earth
The Greatest Adventure on Earth, with a valuation cap of $5 million, is raising funds on WeFunder. The experience is a combination of mystery trip, escape room, and social travel. It is a 3-year 3-continents scavenger hunt where the participants look for clues, solve them, and complete challenges to find the routes to the most amazing destinations, and ultimately win a $1 million hidden prize. The Greatest Adventure on Earth was founded by Daryn Hillhouse, Shaan Coelho, and Luke Kingma. The proceeds of the current round of crowdfunding, with a minimum target of $100,000 and a maximum target of $500,000, will be used towards operations, marketing, and the Global Launch Promo Campaign. The Greatest Adventure on Earth has a strong customer base of 25,000 high-income travelers and has an initial revenue target of $34 million for the next three years.
Soar.com, with a pre-money valuation of $15.6 million, is raising funds on WeFunder. It is a human potential platform that helps people do their best with the use of artificial intelligence technology. The Soar platform provides curated uplifting content, coaching, and community to the citizens across the world and nurtures their talents and strengths. Soar.com was founded by Paul Allen and has raised over $3 million since its inception. The current round of crowdfunding of Soar has a minimum target of $100,000 and a maximum target of $1,070,000, and the proceeds will be used towards research & development costs, sales and marketing costs, and facilities and other G&A expenses. The platform has over 2,000 coaches recruited across 40 states and 30 countries. Soar.com has reported more than $1.1 million in lifetime sales, with over $665,000 in client revenue.
Stoneman Brewery, a brewery in Charlemont, MA, is raising funds on MainVest. The brewery brews beer with local and regionally sourced ingredients and sells a case of beer every month to the customers. The customers pay in advance for a 3 to 6 month period. Stoneman Brewery is located at an attractive and central location. The brewery was founded by Justin Korby in 2012. The proceeds of the current crowdfunding round, with a minimum goal of $40,000 and a maximum goal of $107,000, will be used towards location buildout, equipment, and operating capital. Stoneman Brewery has started the first Beer Community Supported Agriculture (CSA) model in the United States and has a competitive advantage in its area.
Zanbazan, with a valuation cap of $2 million, is raising funds on NextSeed. The company creates fashionable apparel for breastfeeding and pumping mothers. The garments of Zanbazan are stylish, affordable, and have unique patent-pending designs for nursing and pumping discretely. The dresses, tops, and athletic wear are ready to hit the market, and the brand will launch a pre-order campaign. Zanbazan was founded by Nargis Mougey in 2017. The current round of crowdfunding of the company has a minimum goal of $140,000 and a maximum goal of $250,000, and the funds will be used for the development of new styles, manufacturing, marketing, manufacturing overheads, and inventory. Zanbazan is revolutionizing fashion and function in the postnatal garment industry.
Pacific Integrated Energy, with a pre-money valuation of $67.9 million, is raising funds on StartEngine. The company is using revolutionary technology to create thin and flexible solar nanofilms so that solar can be installed on almost all surfaces. The solar module design of Pacific Integrated Energy is different from the conventional designs in being durable, non-toxic, lightweight, flexible, thin, and low-cost. Pacific Integrated Energy was founded by Phil Layton and has raised over $14 million since its founding. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $1,070,000, and the funds will be used to expand the product offerings of Pacific Integrated Energy into multiple markets. The technology of the company is disruptive and can put the solar module market on a fast growth path.
Delsure Health Insurance, with a pre-money valuation of $2.97 million, is raising funds on WeFunder. The company is redefining health insurance by redesigning the health insurance model. The health insurance to be provided by Delsure Health Insurance will have no deductibles, co-pay, or co-insurance, and members will have no financial liability except for the premiums. Delsure Health Insurance was founded by Abbas Bayat in 2017 and has raised over $1 million since its inception. The proceeds of the current round of crowdfunding, with a minimum target of $99,990 and a maximum target of $1,070,000, will be used towards payroll, admin expenses, office space, and marketing. Delsure Health Insurance is brining about a socially responsible business model, with very competitive pricing.
Everydae, with a $10 million valuation cap, is raising funds on WeFunder. The company is using innovative and proprietary technology to develop algorithms that personalize educational content. The digital tutor of Everydae keeps kids engaged and helps students realize their true potential. Everydae was founded by Chad Troutwine, Christine Outram, and Laura Hubbard, passionate academicians and serial entrepreneurs. The current round of crowdfunding of Everydae has a minimum goal of $200,000 and a maximum goal of $1,070,000, and the proceeds will be used towards marketing expenses, course content creation, G&A expenses, and engineering costs. Everydae team has over 20,000 hours of tutor-training and curriculum development experience. The application has registered 64% week-over-week growth in registered users.
