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 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 each raise as it progresses. Particularly if we feel they meet our criteria of being worthwhile as potential investments.
Rocket Dollar, with a valuation cap of $20 million, is raising funds on Republic. The company has created a process and platform that allows users to create a self-directed retirement account. Rocket Dollar helps users to open an account, add funds, and invest in all permissible assets, without any penalties for early withdrawal. Currently, Rocket Dollar offers two types of accounts: the Self-Directed Solo 401(k) and the Self-Directed IRA. The company was founded by Henry Yoshida and Thomas Young in February 2018 and has raised more than $3.5 million since its inception. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $1,070,000. Rocket Dollar has already grown its user base to 800, and more than $80 million in assets have been contributed to the platform.
Stareable, with a valuation cap of $7 million, is raising funds on Republic. The platform allows users to create video content and attract audiences. Creators get to analyze, tier, and target their content, onboard cast, and crew, engage audiences, and monetize their projects. Stareable fans get to access freemium experiences, along with pairing their free-to-view shows with premium options. Stareable was founded by Ajay Kishore in September 2015 and has raised $700,000 since its founding. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $1,070,000, will be used to add new developers and marketing lead to the team, and to hit profitability within the next 18 months. Stareable has generated $120,000 in revenue to date and is expected to reach $750,000 in revenues in 2020.
HelloWoofy.com, with a valuation cap of $5 million, is raising funds on Republic. The technology at HelloWoofy uses artificial intelligence and data science to personalize social media marketing for the users. The platform helps users to manage different social media networks, organize their campaigns, and make their copywriting more efficient. HelloWoofy.com was founded by Arjun Rai in September 2016 and has raised over $372,000 from investors. The current round of crowdfunding has a minimum target of $200,000 and a maximum target of $1,070,000, and the proceeds will be used towards improving the smart data science technology, expanding the team, and converting the business leads in the pipeline to paid customers. HelloWoofy.com already has over 1,050 customers with 6,000 potential leads. The company generated sales of over $30,000 in Q4 2019, with an average gross margin of more than 75%.
Hoop Tea, with a pre-money valuation of $6.5 million, is raising crowdfunding on WeFunder. The company creates tea-based alcoholic beverages for customers focused on clean labels, pure ingredients, and low calories. The products of Hoop Tea are available in various flavors and convenient packagings. Hoop Tea was founded by Danny Robinson in a small brewery in Ocean City, Maryland. The proceeds of the current round of crowdfunding, with a minimum goal of $300,001 and a maximum goal of $1,069,999, will be used to advance funds to the manufacturer Southbound One Inc., to expand the sales and marketing teams, and to purchase quality control equipment. Hoop Tea achieved sales of $1.3 million in a single summer of 2018.
Renu Robotics, with a valuation cap of $16.5 million, is raising funds on MicroVentures. It is a robotics company that aims to provide autonomous tractors and mowers for solar farm facilities. The autonomous tractor of Renu Robotics, RenuBot, is specifically designed for utility-scale solar farms with low weight, high mobility, and high storage capacity. Renu Robotics was founded by Tim Matus and Michael Eyman and has raised over $575,000 in pre-seed rounds of financing. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $1,070,000, and the funds will be used for marketing, research and development, equipment purchases, travel and patents, and general working capital. Renu Robotics has already sold three RenuBot mowers in December 2019 and has 16 NDAs and seven LOIs in place with solar farms.
Mountjoy Sparkling, with a valuation cap of $5.5 million, is raising crowdfunding on MicroVentures. The company manufactures and sells CBD-infused sparkling water in retail stores through distributors. The product of Mountjoy Sparkling combines the health benefits of CBD with pure sparkling water. The company also offers THC-infused beverages in California. Mountjoy Sparkling was founded by Alexander Mountjoy in 2017 and has raised $565,000 since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $107,000, will be used towards manufacturing, research and development, and general marketing. Mountjoy Sparkling sells its product in seven states through 14 distributors and has generated $822,084 in lifetime revenues.
Nuurez, with a pre-money valuation of $3.9 million, is raising funds on TruCrowd. The company is disrupting the real estate space by offering novel renting options. Nuurez platform allows users to not only rent residential properties but also list them on Airbnb and similar websites, even though they don’t own the property they are renting out. Thus, Nuurez serves both as an alternative residential solution and an income source. Nuurez was founded by Noelle Randall, a renowned real estate investor and entrepreneur. The current round of crowdfunding has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used towards staffing, marketing, product packaging, equipment, and events and travel. Nuurez deploys a simple business model of acquiring control of target properties and then partnering with affiliate investors to make the properties available.
Stay Cool, with a valuation cap of $4 million, is raising funds on WeFunder. The company manufactures and sells relaxation beverages that help in reducing stress, providing sleep support, improving clarity and well being, and promoting sociability. In addition to the Kava beverages, Stay Cool is soon to introduce CBD products including beverages, edible gummies, calming balm, and pet soft chews. Stay Cool was founded by Tyler Adkins and Steven Wiggins, and has raised over $85,000 since its founding. The proceeds of the current round of crowdfunding, with a minimum goal of $50,000 and a maximum goal of $1,070,000, will be used towards production runs, business development, marketing, and salaries and wages. Stay Cool has partnered with three distributors and has already sold more than 55,000 bottles in over 40 states across the US.
Casa Brasil, a new Brazilian home-style restaurant, is raising funds on Honeycomb Credit. The restaurant started as a pop-up and is the first Brazilian restaurant in Pittsburgh. It offers options of dining in, take out, and catering services for delivery or in-house. Casa Brasil is owned by Head Chef Keyla Nogueira Cook and General Manager Timothy Guthrie and was founded in September 2018. The business is debt-free till now. The current round of crowdfunding has a minimum raise of $75,000 and a maximum raise of $90,600, and the proceeds will be used to purchase a liquor license, new bar equipment, and marketing. Casa Brasil has already demonstrated a successful first year of operations with 20% sales growth year-to-date.
Hot Oven Cookies, a bakery business, is raising funds on MainVest. The company runs as micro-shops, indoor kiosks, and franchise cookie cart model in Springfield and offers a diverse menu of over 100 cookie flavors. Hot Oven Cookies has grown well through excellent customer service, strong marketing, and strategic locations of its shops, kiosks, and carts. The company was founded by Sheila Coon, with over 10 years of baking experience. 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 expand the retail locations of Hot Oven Cookies. The business of Hot Oven Cookies is growing fast with the help of experienced founders and proven demand.
Detailing2Go, an automotive shop in Marlborough, MA, is raising funds on MainVest. The company offers on-demand car cleaning services to customers anywhere and anytime they want. The customers simply need to schedule an appointment, park their car in the designated area, and return to a sparkling clean car. Detailing2Go was founded by Ugur Yilmaz, a thriving entrepreneur. The current round of crowdfunding of Detailing2Go has a minimum raise of $45,000 and a maximum raise of $95,000, and the proceeds will be used towards new truck design, location renovations, additional services, and overall expansion of the on-site car detailing service. Detailing2Go is targeting large corporations instead of households and will, therefore, require fewer funds to reach a larger audience.
Stuffed Food Truck, a food truck business in Nashua, NH, is raising funds on MainVest. Stuffed Food Truck aims to provide southern-inspired burgers and sides to the entertainment venues, breweries, and streets of New Hampshire. The food truck will also be available for corporate events, weddings, and private rentals. Stuffed Food Truck is owned by James Van Sicklen, a self-taught chef with over 12 years of experience. The current round of crowdfunding of Stuffed Food Truck has a minimum raise of $25,000 and a maximum raise of $30,000, and the proceeds will be used towards the truck purchase and updates and repairs to improve the start. Stuffed Food Truck will offer its unique stuffed burgers in five variants, in addition to five types of sides.
Kin Tap and Rec Room, a recreation center in Everett, MA, is raising funds on MainVest. Kin Tap and Rec Room is an all-ages flexible venue for recreation, food, and drinks. The venue will combine a recreation area with a taproom offering six beers, six wines, two ciders, and cold brew on tap. The space can also be used as a party venue and a public living room. Kin Tap and Rec Room is owned by Elizabeth Castellana, a working mom with an extensive network. The current crowdfunding round has a minimum goal of $75,000 and a maximum goal of $500,000, and the proceeds will be used for location buildout, taproom buildout, fixtures and equipment, and operating capital. Kin Tap and Rec Room is located in a prime location and will appeal to a large population of millennials. The business is expected to generate revenues of over $1 million in the first year of operations.
Saberation, with a pre-money valuation of $2.5 million, is raising funds on Mr. Crowd. The company aims to focus on opportunities related to Light Saber Fitness, Sport, and Entertainment. The products and services of Saberation will include Light Saber Fitness Centers, Light Saber Combat Leagues, Light Saber Fitness Trainer Certification. Saberation was founded by Edward Armstrong and Nick Benseman in February 2018. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $300,000, and the proceeds will be used to grow and expand the business. Saberation reported revenues of over $70,000 in 2018 and plan to grow further through new client acquisition.
Coinseed, an innovator in the cryptocurrency space, is raising funds on Mr. Crowd. The company is creating the technology that allows users to invest their spare change in a portfolio of cryptocurrencies and receive cryptocurrency cashback rewards on their purchases. Coinseed was founded by Delgerdalai Davaasambuu and Sukhbat Lkhagvadorj in 2017. The current round of crowdfunding of Coinseed has a minimum target of $25,000 and a maximum target of $400,000, and the funds will be used to develop more innovative features and accelerate the growth of the business. Coinseed generated revenues of over $279,000 in 2018 and the user base has increased to more than 29,000. The total user deposit on Coinseed reached $3.5 million in December 2019, with a total trade volume of more than $42 million in the second half of 2019.
Success By Media, with a pre-money valuation of $20.3 million, is raising funds on Mr. Crowd. The media company offers an innovative platform for media training products and programs to help media people. The online software of Success By Media contains high-quality media content created by its network of professional trainers, speakers, and coaches. Success By Media was founded by Jay Noland in August 2018. The proceeds of the current round of crowdfunding, with a minimum goal of $150,500 and a maximum goal of $$1,067,500, will be used to enhance the media infrastructure, propel the business forward, design different programs, provide interactive training, and consultancy services. Success By Media has four operational divisions of which Success By Coaching, Success By Health, and Success By Network were operational in 2018. The company generated revenues of $3.9 million and a net profit of $0.24 million in 2018.
Citizen Armor, with a pre-money valuation of $8.6 million, is raising funds on Mr. Crowd. The company manufactures and sells lightweight, flexible, and concealed personal protection products. The products of Citizen Armor are developed using a special formula called Nano-Protek and protect people against active shooters. Citizen Armor was founded by Aaron K Gilbert in May 2017. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $1,000,000, and the funds will be used for online marketing campaigns and recruitment of dealers and distributors. Citizen Armor already has many civilian products in the market and is in the R&D process to develop more. The company generated revenues of $0.36 million in 2017.
Vibravision, with a $7 million pre-money valuation, is raising funds on Mr. Crowd. The company uses the Vibravision technique to enhance awareness, meditation, fitness, and breathwork. The technology is also capable of awakening new brain pathways which allow individuals to sense the world around them and see even without eyesight. Vibravision was founded by Nathan Zeleznick, Micah Zeleznick, and Adam Brandley in October 2016. The current round of crowdfunding of Vibravision has a minimum target of $50,000 and a maximum target of $1,070,000. Vibravision, LLC is the only academy in the US that teaches Vibravision skills and has exclusive markets including children, visually impaired people, military personnel, and emergency responders.
Social5, with a pre-money valuation of $8 million, is raising funds on Mr. Crowd. It is a digital media marketing company that provides online strategies and tools to businesses of all sizes. The Social5 team helps businesses spread their digital footprint through graphics, promotions, advertising, and professional content. The content can also be customized in multiple languages. Social5 was founded by Robert Wellman in March 2012. The current round of crowdfunding of Social5 has a minimum goal of $200,000 and a maximum goal of $500,000, and the funds will be used to expand the partner network, enhance the technology, and grow the sales and marketing support. Social5 combines professional talent with technology to create creative and intelligent content for the businesses to grow.
ZAMii Clean Cleaning Americas Carpets & Upholstery
ZAMii Clean, with a current valuation of $0.6 million, is raising funds on Razitall. The company offers carpet and upholstery cleaning services to homes, offices, and apartment complexes. ZAMii Clean has multiple mobile-carpeteer vans that reach the location and clean rugs, sofas, carpets, and upholstery. The company was founded by Dale Galbraith, a value-driven entrepreneur. The proceeds of the current round of crowdfunding, with a target raise of $150,000, will be used to expand the business, add up to 30 additional vans, and hiring. ZAMii Clean plans to create sustainable and consistent revenue streams through heavy marketing and extensive growth.
Bum Butt Corporation, with a current valuation of $0.71 million, is raising funds on Razitall. The company manufactures and sells toilet wipes in containers for adults. The wipes provide a sanitary method of cleaning up after urinating or defecating, in addition to the comfort and moisture content. Bum Butt Corporation was founded by Mark Hayes in May 2018. The proceeds of the current crowdfunding round of Bum Butt Corporation, with a target raise of $250,000, will be used towards production, administrative, marketing, research & development, and miscellaneous expenses. The wipes of Bum Butt Corporation will be contained in the box that will keep them hygienic and moist.
Lyons Ave Renaissance, a real estate firm, is raising crowdfunding on Buy The Block, LLC. The company owns a portfolio of residential and commercial properties on Lyons Avenue in the 5th Ward of Houston. The portfolio consists of six 2-bed 1-bath homes and twelve 1-bed 1-bath homes, in addition to two commercial buildings. The properties are in pristine condition and in an excellent location. Lyons Ave Renaissance was founded by Christopher Senegal, a renewed real estate developer. The current round of crowdfunding of Lyons Ave Renaissance has a minimum target of $107,000 and a maximum target of $1,070,000, and the funds will be used towards the acquisition of the rental portfolio, repairs, and cost of design and improvement. The property generates $13,000 per month in rental income that is expected to increase to $15,000 per month.
BitiCar, an emerging rideshare company, is raising funds on CrowdSource Funded. The company is disrupting the rideshare industry by correcting the major flaws affecting the drivers and passengers. The company aims to provide generous compensation to the drivers to create exceptional customer service experience for the riders. BitiCar will generate additional revenues through advertising partnerships. The company was founded by Tobias Rene, a serial entrepreneur. The current crowdfunding round of BitiCar has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used towards marketing and promotion, tech and app development, office staffing, and legal, compliance, and consulting expenses. The services of BitiCar are expected to launch soon.
Geoship, with a pre-money valuation of $9 million, is raising funds on StartEngine. The company designs healthy, affordable, and regenerative homes, connecting human communities with the natural world. Geoship is bringing a homebuilding revolution with its zero-carbon ceramic homes that are non-toxic, fireproof, natural calamities resistant, and recyclable. Geoship was founded by Bas Kools and Morgan Bierschenk in 2015, with its first corporate partnership in 2019. The current crowdfunding round of the company has a minimum target of $10,000 and a maximum target of $107,000, and the proceeds will be used to purchase molds and equipment for the pilot plant. Geoship designs and produces bioceramic panels with high quality and low cost and is set to address most of the issues related to present-day housing.
LiquidPiston, with a $51.6 million pre-money valuation, is raising crowdfunding on StartEngine. The company uses advanced and modern technology to create redefined combustion engines using its patented thermodynamic cycle and rotary engine architecture. These advanced rotary internal combustion engines are powerful, efficient, scalable, compact, and multi-fuel capable. LiquidPiston was founded by Alexander Shkolnik and Nikolay Shkolnik and has raised over $2.1 million since its inception. The current round of crowdfunding has a minimum raise of $9,964.50 and a maximum raise of $1,069,997.50. LiquidPiston has 51 patents issued and pending and already has contracts with the Department of Defense and the US Army. The engines of LiquidPiston are 30% more efficient and up to 10 times lighter and smaller than a diesel engine.
