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 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.
Happy Investing!
Stealth Machine Company is raising funds on WeFunder. The company sells manufacturing capability and is creating a job shop with ten times more efficiency than traditional methods. The metal parts of Stealth Machine Company will be ten times more efficient than other manufacturers. Stealth Machine Company was founded by Gerrit Coetzee and has raised $18,300 since its founding.
The proceeds of the current crowdfunding round, with a minimum raise of $20,000 and a maximum raise of $107,000, will be used for hardware, contractors, company administration, and salaries. Stealth Machine Company is set to offer a very efficiency with added customization, and each part will be inspected before it leaves the factory.
DownToDash, an app for making activity buddies, is raising funds on WeFunder. The company is an app that can be used to meet new people and connect with them for activities like sports, movies, workouts, and others. Users of the DTD app can post a specific event that others can join. DownToDash was founded by Sama Jashnani and Anuja Shah in 2019.
The current crowdfunding round of the company, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used towards technology and product development, marketing, and legal expenses. DownToDash already has more than 60,000 plans created through it, and the user base is growing 10% per month.
GLOW Beverages, with a valuation cap of $7 million, is raising funds on StartEngine. The company creates nutritional beverages to maintain a healthy and productive lifestyle. The GLOW beverages are infused with minerals, vitamins, herbs, antioxidants, electrolytes, and much more for hydration and energy.
GLOW Beverages was founded by John Larson, with its test launch in July 2016 and official launch in March 2017. 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 for national and global growth and expansion. GLOW Beverages has an exclusive partnership with Insomniac’s festivals and nightclubs, thus reaching over 1 million customers.
You & Sundry, the first social salon for the LGBTQ+ community, is raising funds on WeFunder. The company started as barbershop pop-ups and grew the brand quickly after that. The first social parlor is aimed to be as a member club with exclusivity and self-care, including a full-service salon and a main lounge or event space.
You & Sundry was founded by Kim Goulbourne in 2018 and has raised $8,750 since its founding. The current crowdfunding round, with a minimum target of $108,000 and a maximum target of $1,070,000, is expected to launch on July 24. You & Sundry has already done five barbershop pop-ups and has been featured in Bustle, American Salon, Racked, and Timeout.
Jetson AI, the provider of smart speakers and voice assistants, is raising funds on MicroVentures. The company has a valuation cap of $8 million and is a voice-first SaaS platform. It uses artificial intelligence to upgrade smart speakers like Amazon Alexa and Google Home for businesses and allows them to process voice ordering. Jetson AI was founded by Peter Peng in 2017 and has already raised $1.3 million in angel investing.
The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $107,000, and the proceeds will be used for the salaries of the personnel, sales & marketing, and general working capital. Jetson AI has signed partnerships with Amazon Pay and delivery.com, has a contract with GolfPay, and has signed a letter of intent with Volara, the hospitality software used by Marriott.
Diversity.io, with a valuation cap of $3 million, is raising funds on WeFunder. The company offers employment services to the people who are marginalized based on color, gender, or other characteristics. Diversity.io is a vast underrepresented professional network. The company was founded by Chuka Ikokwu, Onuwa Uzor, and Joanna Pyra in 2016 and has raised $250,000 since its founding.
The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $107,000, will be used towards the engineering and recruiting teams, marketing, and for full-timing the UI/UX interns of the company. Diversity.io already has over 3,000 jobs posted on its network, with more than 7,000 users. The platform is being used by major players including Warner Bros, Mozilla, Unity Technologies, and Amplitude.
Teak Tea, a producer of superior quality teak teas with a pre-money valuation of $2 million, is raising funds on WeFunder. The company owns a 22-year old tea plantation in Costa Rica and uses the finest leaves to produce superior blends. Teak Tea has already produced initial packaging and samples and has almost created its e-commerce website.
Teak Tea was founded by Klaus Moeller in 2019. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $1,000,000, and the proceeds will be used for buying teak trees, greenhouses, growing new trees, salaries, marketing, and product development. The team behind Teak Tea is highly experienced in founding new businesses and making them successful. The company holds strong potential in the global tea market with an emphasis on online and retail sales in specialty and mass retail.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
