Below are the latest equity crowdfunding raises begun this past week. For additional information, we encourage KingsCrowders to click on the link provided for further details. If interested in investing, 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.
Natural SunLite, a patented automatic growing system with a pre-money valuation of $20 million, is raising funds on Fundanna Crowdfunding. The company caters to the indoor growing market of cannabis and hemp and will help companies reduce their cost of electricity for growing products indoor.
The digital cameras of Natural SunLite also provide effective monitoring and safety capability to the growers. Natural SunLite was founded by Dean Konstantine and Lee Danna. The proceeds of the current crowdfunding round, with a minimum target of $150,000 and a maximum target of $1,000,000, will be used for marketing, platform development, operating expenses, and additional manufacturing materials. Natural SunLite has already signed multiple LOIs for over 6,600 units and is growing through word of mouth.
Launch Code After School, with a valuation cap of $4 million, is raising funds on SeedInvest. The company provides computer science and technology education for children in K-12 in an engaging manner. Launch Code After School offers weekend classes and summer camps for kids between the ages 7 and 14 using its proprietary learning management platform. Launch Code After School was founded by Ravi Parikh, Jobin George, Vijay Kalvakuntla, Mitch Morales, and Lindsay Walker.
The current crowdfunding round has a size of $1,070,000, and the proceeds will be used for product development, course development, marketing and sales, and office expenses. Launch Code After School has already developed strong relationships with companies like ScaleFactor and Sangfroid Studios and added 113 new customers in the second quarter of 2019.
AquaVault, with a pre-money valuation of $18 million, is raising funds on StartEngine. The company manufactures portable travel safes that can get locked to the beach furniture to keep the valuables secure. AquaVault is already offering its product to hundreds of hotels and amusement parks and growing well.
The company was founded by Avin Samtani, Robert Peck, and Jonathan Kinas in 2014 and already has five issued patents, four pending patents, and three global trademarks. The company has secured a funding deal with Daymond Jones through Shark Tank, while the current crowdfunding round has a maximum goal of $1,070,000. AquaVault is close to $10 million in total sales, and the year-over-year revenue growth is projected to be around 240%.
Nanno, with a valuation cap of $9 million, is raising funds on Republic. The Nanno platform provides a connection between baby sitters and parents on demand. It allows parents to set their criteria for the caregivers they require and matches them with a suitable sitter. The bookings and payments are done over the platform, and Nanno charges 20%-30% of the gross revenue from bookings as commission.
Nanno was founded by Liz Oertle and Desi McAdam in May 2016 and has raised $450,000 since its founding. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000. Nanno was launched nationally in 2018 and is already present in 45 states. The company’s revenue is over $350,000 annually, and it has over 15,000 users.
DoraHacks, recruiting service provider to hackers, is raising funds on Republic. The company has a valuation of $35 million and helps organizations to recruit talent and solve their technical problems. DoraHacks bridges the gap between the enterprises and developers through global hackathons and enterprise hubs. DoraHacks was founded by Jian Nan Zhang and Penny Wang in December 2018 and has raised more than $2 million since its founding.
The current crowdfunding round of the company has a minimum goal of $100,000 and a maximum goal of $1,070,000. DoraHacks is growing fast with presence in eight countries and has generated about 3,000 projects with over 300,000 developers. The company has also collaborated with three major exchanges.
Texas Made Sports Development, doing business as Chaparral at iSports, is raising funds on StartEngine. The company has a pre-money valuation of $10.23 million and is building a multi-sport state-of-the-art facility in Austin. Its premier ice facility, Chaparral Ice, is functional at Northcross Mall while Texas Made Sports Development is now looking to expand to Cedar Park. The company was founded by Ryan Raya in November 2016.
The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $107,000, will be used for the building and expansion of Chaparral at iSports. The new facility is located at an excellent location and is expected to attract about 700,000 to 900,000 visitors annually.
Memorial Trail Ice House, a premium food & bar venue adjacent to Memorial Park, is raising funds on NextSeed. The company is combining the ice house culture of an indoor or outdoor beer garden with the proximity to a historic building and is offering a social bar and specialty food trucks.
Memorial Trail Ice House was founded by John Shaeffer and has raised $1.3 million in seed funding. The proceeds of the current crowdfunding round, with a minimum target of $150,000 and a maximum target of $200,000, will be used for interior and exterior buildout. Memorial Trail Ice House has hired Ladies of Libation LLC as a consultant for its bar operations and plans to serve as an extension of the Memorial Park.
A Boring Life, with a valuation cap of $3.5 million, is raising funds on MicroVentures. The company manufactures high-quality chef-curated snacks infused with CBD. The products of A Boring Life, including high protein and Omega3 rich almonds and walnuts, are available at supermarkets including New Seasons and Green Acres Market.
A Boring Life was founded by Serafina Palandech and Jennifer Johnson in 2019 and has already received a $130,000 investment from Canopy Boulder. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $107,000, will be used for marketing, manufacturing, research & development, and future wages. A Boring Life products have already been approved for distribution in 80,000 stores across the US through AATAC business association.
TrailFork, with a valuation cap of $3 million, is raising crowdfunding on SeedInvest. The company makes instant dehydrated meals and delivers them in biodegradable and home-compostable packaging. Thus, TrailFork offers healthy meals without waste. TrailFork was founded by Lillian Hoodes, Cristyn Hypnar, and Kira Hill-Filben.
The current round of crowdfunding has a total size of $500,000, and the proceeds will be used for marketing & advertising, new hires, inventory, and working capital. TrailFork was launched at 10 locations in the fall of 2018 and has already grown to 47 locations by 2019. The company resulted in doubling its total 2018 revenue in the first half of 2019 itself.
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
