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.
myUDAAN, with a $3 million valuation cap, is raising crowdfunding on Republic. The application allows the elderly and people with disabilities to book mobility assistants on-demand. The elderly can also get information on accessibility and get access to mobility products. Ravindra Singh and Anil Pereira founded myUDAAN in November 2020. The current crowdfunding round of the company has a minimum raise of $25,000 and a maximum raise of $107,000. Yhe proceeds will target technology upgrade, marketing, sales, product designing and enhancement, and general administration. myUDAAN has over 610 customers with 43% retention and is operating at a gross margin of 20%.
Honeybee Burger, with a pre-money valuation of $12 million, is raising funds on StartEngine. It is a plant-based food company that makes fast-food burgers in order to save the planet. The burgers of Honeybee Burger are making plant-based food accessible, desirable, and available everywhere. Adam Weiss founded Honeybee Burger in February 2021. The proceeds of the current crowdfunding raise, with a minimum target of $9,999.60 and a maximum target of $1,069,999.20, will be used to open flagship stores and more cloud kitchens. Honeybee Burger has already established itself in LA and managed to remain profitable during 2020 despite the pandemic.
COLORS Worldwide, with a $25 million pre-money valuation, is raising funds on StartEngine. The company is focused on R&B music and produces live and digital events, albums, merchandise, and media related to R&B. It is also creating an online platform for growing the R&B music community. Jabari Johnson founded COLORS Worldwide in 2015. The current crowdfunding campaign has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the funds will be used to expand the R&B landscape. COLORS Worldwide has produced more than 150 shows, including its own music festival. It has generated over $6.8 million in revenues in the last five years and is positioned well to grow further.
NoBaked Cookie Dough, with a pre-money valuation of $9 million, is raising crowdfunding on StartEngine. The company makes delicious cookie dough that can be eaten raw or baked. The offerings include ten flavors of dairy-free and gluten-free cookie dough. Megan Feeman and Jimmy Feeman founded NoBaked Cookie Dough in 2017. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used to make the product available in major grocery stores nationwide. NoBaked Cookie Dough reported a 1,534% growth in sales in 2020, with more than 66% revenue coming from online sales. The company has also been recognized as the number one bestseller in the Refrigerated Doughs category on Amazon.
Petzbe, with a pre-money valuation of $14.3 million, is raising funds on StartEngine. It is a pet social media app that connects pet owners to share their pets’ lives from the pets’ perspective. The app also allows companies to connect with a dedicated pet audience to sell their products. Andrea Nerep founded Petzbe in 2017. The current crowdfunding round has a minimum raise of $9,995.16 and a maximum raise of $1,069,997.20. The funds will target growth of the Android and Spanish language apps and the creation of branded content, including songs and movies. Petzbe has more than 450,000 users and has been featured in several major outlets, including Good Morning America, The Wall Street Journal, and People Magazine.
701 Eateries, an upcoming restaurant in Fargo, ND, is raising funds on MainVest. The business works as different restaurant concepts, including a cozy Nordic kitchen, a cabin, and a private event space. The new eatery is opening up in a historic building, with an open kitchen serving breakfast, lunch, and dinner. Shelby Terstriep founded 701 Eateries in 2018. The proceeds of the current raise, with a minimum target of $250,000 and a maximum target of $1,000,000, will be used for space buildout and operating capital. 701 Eateries is located at an excellent location and is expected to open in the spring of 2021.
Gordo’s Tacos & Tequila, a gourmet taqueria in Pennsylvania, is raising crowdfunding on Honeycomb. The restaurant serves delicious tacos made from scratch, including tortilla chips, beef, pork, chicken, and other ingredients. Brian Gorder founded Gordo’s Tacos & Tequila in 2019. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $75,000, and the proceeds will be used to complete the second-floor finishes and complete the rear courtyard. Gordo’s Tacos & Tequila uses recipes that combine ancient practices of mixing fresh and high-quality ingredients. The offerings include many handheld items that can be eaten on the move.
Dine.Direct, with a $6 million valuation cap, is raising funds on Wefunder. The company has built an app to support dining with technology. The app includes an easy order menu with pictures that brings all the power of ordering, kitchen scheduling, and delivery in a smartphone format. Ralph Burleson and Julie Campbell founded Dine.Direct in August 2020. The proceeds of the current crowdfunding raise, with a minimum target of $100,000 and a maximum target of $1,070,000, will be used for new restaurant setup, development of platform enhancements, platform operations, and general business expenses. Dine.Direct reported a 60% month-over-month growth in users in the last six months.
The Teacher Marketplace, with a valuation cap of $2.5 million, is raising funds on Wefunder. It is an on-demand marketplace that connects teachers and tutors with students and their families. The teachers on the platform are verified and help students learn virtually. The students get to search with the grade, subject, location, time of day, and day of the week. Nathaniel G Brogadir founded The Teacher Marketplace in August 2020. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $250,000, and the funds will target marketing, technology development, and hiring. The Teacher Marketplace has more than 7,000 registered users and is led by a proven executive team.
Intellisea, with a valuation cap of $6.8 million, is raising crowdfunding on Wefunder. The company is changing the future of marketing through artificial intelligence automation. It is focused on objective-oriented digital marketing optimization using AI. Joseph Charles Krystofik founded Intellisea in 2016. The proceeds of the current crowdfunding raise, with a minimum target of $125,000 and a maximum target of $250,000, will be used for software development, salaries, and marketing. Intellisea aims to simplify online marketing for all business types. The company is led by a passionate team with decades of experience in digital marketing. It offers its clients a white-glove customer experience.
Sircles, with a valuation cap of $23 million, is raising funds on Wefunder. It is a social recommendation app that combines Yelp and Facebook, minus the negativity. The unique features and safeguards of the app allow it to stand out, capture a network effect, and reward good behavior. John Worthington, Todd Fiore, Danny Hinkle, and Paul Buendia founded Sircles in 2019. The current crowdfunding round has a minimum raise of $100,000 and a maximum raise of $1,070,000. The funds will be used for research and development, influencer and social media marketing, management salaries, and legal and consulting expenses. Sircles has about 20,000 downloads since its launch and more than 500 positive reviews. The app maxed-out its beta tester program in a matter of days.
Pilger Ruh Brewing, an upcoming brewery and taproom in Pottsville, PA, is raising crowdfunding on MainVest. The brewery plans to bring craft beer to Pottsville with its small-batch brewing in a 5bbl Blichman Hybrid Brewhouse. The process of brewing will combine traditional craft brewing with modern nano-brewery techniques. Tyler Budwash and Anthony Deppen founded Pilger Ruh Brewing in 2018. The current crowdfunding round of the company has a minimum target of $25,000 and a maximum target of $65,000. The proceeds of the raise will target the purchase of equipment and furniture, building upgrades, inventory, and working capital. Pilger Ruh Brewing will serve as the platform for community building and developing relationships with its customers.
The Coach Eatery Co., a New American restaurant in Sterling, VA, is raising funds on MainVest. The restaurant will offer great eats, excellent customer service, and modern hospitality while being eco-friendly, sustainable, and adaptable. It has combined two old concepts of indoor dining and food trucks to create a new type of dining. Jonathan Perez and Alejandro Perez founded The Coach Eatery Co. in December 2020. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum target of $100,000, will be used for rent, utilities, space buildout, equipment, and operating capital. The Coach Eatery Co. is reacting to the stagnation in the restaurant industry by thinking out of the box and expects to see its concept grow.
FullSkoop, with a $7.5 million valuation cap, is raising funds on Republic. The company supplies farm to fridge meals in an accessible way. They make healthy and fresh food available through their farm-to-fridge kiosks that serve meals, snacks, and drinks. Sid Sanhi and Jonnatan Leiva founded FullSkoop in August 2016. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000. The funds will be used to enter phase 2 of the go-to-market strategy by placing 96 fridges across the San Francisco bay area. FullSkoop is creating game-changing food retail economics and expects to reach more than $30 million in sales in 30 months.
Tempo, with a valuation cap of $30 million, is raising crowdfunding on Republic. It is an esports organization which not only participates in esports and gaming experiences but also creates them. The three backbones of Tempo include Tempo Games, Tempo Studios, and Tempo Community. Andrey Yanyuk founded Tempo in May 2014 and has raised more than $5.8 million in previous rounds of financing. The proceeds of the current crowdfunding round, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for growth and expansion. Tempo is launching a premier liners channel for gaming in the second quarter of 2021. The company generated a revenue of $2.4 million in 2020 and expects to generate $4.5 million in 2021.
PersonalRX, with a $30 million valuation cap, is raising funds on Wefunder. It is a home-delivery pharmacy that places patients at the center of its care model. The pharmacy provides VIP services and packaging to improve patient compliance, along with a dedicated pharmacy technician for each patient. Lawrence Margolis founded PersonalRX in 2009. The current round of crowdfunding has a minimum raise of $50,000 and a maximum raise of $1,070,000. The proceeds will be used for marketing, overhead expenses, rent, utilities, technology, and short-term debt repayment. PersonalRX has already shipped 10 million dose packs and generated revenue of more than $26 million. The company uses its RX2 Mobile app and monthly Care Calls to care for its patients.
Oscar, with a valuation cap of $5 million, is raising crowdfunding on Wefunder. The company makes and sells razors and natural shave preparations for men and women. Oscar has been the highest-rated razor in Australia, and Oscar 2.0 has been launched as the company’s America-made razor. Oscar de Vries founded Oscar in November 2019. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for website development, inventory, overheads, and marketing. Oscar works as a direct-to-customer subscription business selling its razors and the complementary range of natural shave preparations.
Yosteria, a regional food provider, is raising crowdfunding on Honeycomb. The company specializes in Italian food, culture, products, pizza, and wine. The aim of Yosteria is to teach people about the history and culture of Italy with its special offerings. Alex Zordich founded Yosteria in 2017. The current crowdfunding round has a minimum goal of $20,000 and a maximum goal of $60,000, and the funds will be used to pay a credit card debt and fund the startup costs. Yosteria has a great following at its current shop and aims to expand to an osteria in Youngstown. The space will allow the customers to enjoy Italian wine and food and reserve private dinners.
Audubon Bioscience, with a valuation cap of $8 million, is raising funds on MicroVentures. It is a biotechnology company that offers biospecimen procurement services to pharma companies and government healthcare organizations. The client companies use the services to access clinical data and history for their research. Dr. Rostyslav Semikov founded Audubon Bioscience in 2016. The current crowdfunding campaign of the company, with a minimum raise of $50,000 and a maximum raise of $250,000, will target equipment purchases, future wages, and general working capital. Audubon Bioscience generated a revenue of $4.19 million in 2020, up 131% from a year before. The company has clinical sites in twelve countries and more than 40 customers across the public and private sectors.
SurfUp, with a $2.5 million valuation cap, is raising crowdfunding on MicroVentures. The company has developed a recreational equipment rental platform and started with surfboard rental in January 2021. The surfers can rent surfboards from the SurfUp app, pick them up from the rental stations, and experience the waves. Chris Hissom founded SurfUp in May 2019. The proceeds of the current crowdfunding campaign, with a minimum goal of $25,000 and a maximum goal of $250,000, will be used for manufacturing, research and development, marketing, app development, equipment, and legal expenses. SurfUp has applied for a provisional patent and is in the process of developing an automated platform.
Wing It On Wheels, an upcoming food truck in Sutter Creek, CA, is raising funds on SMBX. The food truck will sell authentic chicken wings and be the go-to place for people when they don’t know where to eat for lunch or dinner. Justin Valencia and Manuel Duarte founded Wing It On Wheels in February 2021. The current crowdfunding campaign has a minimum raise of $10,000 and a maximum raise of $40,000, and the funds will be used to purchase and build the fully-equipped food trailer. Wing It On Wheels will be the only food truck offering anything different from Mexican cuisine in the town. The business also has partnerships with local wineries to serve the wings at their locations.
Curtiss Motorcycle Co., with a pre-money valuation of $13.9 million, is raising crowdfunding on Wefunder. The company is set to manufacture luxury motorbikes. It aims to launch its flagship product, Curtiss One, in 2021, followed by Curtiss Two in 2022 and Curtiss Three in 2024. H. Matthew Chambers founded Curtiss Motorcycle Co. in 2018. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $535,000, will be used for complete testing, tuning, and validation of Curtiss One, bringing it to production and beginning the development of Curtiss Two. Curtiss Motorcycle Co. is already pre-sold for its first five months of production, with 20 units at one unit per week.
Inspired by Spirits, an apothecary and tasting lounge in Pennsylvania, is raising funds on Honeycomb. The business has started with its Dr. Tumblety’s Time Inspired Speciality Shop in Phase 01. The shop sells oils & elixirs, hats & fragrances, vintage goods, spiritual charms, apothecary products, and tonics & trinkets. Jesse Made and Mike Miles founded Inspired by Spirits in April 2019. The current crowdfunding round has a minimum target of $30,000 and a maximum target of $150,000. The funds will be used towards lounge furniture and buildout, distillery furniture and buildout, marketing, operations, and licenses. Inspired by Spirits plans to open The Storyville Lounge in the second phase and The Spirits Distillery in the third phase.
optiPulse, with a pre-money valuation of $42 million, is raising crowdfunding on Wefunder. The telecommunications technology company is disrupting communications at lightning speed. It has created a faster and less expensive internet infrastructure by inventing a new photonics chip architecture. John Joseph founded optiPulse in 2015. The proceeds of the current crowdfunding round, with a minimum goal of $250,001 and a maximum goal of $1,069,999, will be used towards engineering hires, marketing hires, operations hires, and development and testing. optiPulse aims to improve 4G, enable 5G, and develop 6G. The technology has eight issued patents, six provisional patents, and many foreign filings.
InnaMed, with a valuation cap of $25 million, is raising crowdfunding on Wefunder. The company is developing an at-home testing device called TeleLab. The device can be filled with several disease-specific test cartridges and helps to monitor the patients remotely. InnaMed is using modern blood collection techniques, cloud computing, and its patented electrochemical blood analysis technology to provide lab-level testing at home. The company was founded by Eshwar Inapuri, Alan Jernigan, and Anup Singh in May 2016 and has raised more than $2 million in previous rounds of financing. The proceeds of the crowdfunding round, with a minimum target of $100,000 and a maximum target of $1,070,000, will be used for research and development materials and contractors, payroll, marketing, and facilities. InnaMed generated more than $1.4 million in revenue in 2020 through its multi-year collaborations.
FinLitX, with a post-money valuation of $10.2 million, is raising funds on NetCapital. The company has developed an autonomous app to provide financial literacy using advanced AI. The app identifies the vulnerabilities of users and applies machine learning, virtual reality, and other means to improve grades and self-esteem. Dwayne Samuels founded FinLitX in 2014. The current crowdfunding campaign of the company has a minimum target of $10,000 and a maximum target of $249,995. The proceeds of the raise will target product development, marketing and sales, debt repayment, salaries, and managers’ compensation. FinLitX is endorsed by NBA analyst Kenny Smith and has expanded its service to 11 states and three countries.
Timed Health Corporation, with a post-money valuation of $12.16 million, is testing the waters on NetCapital. The company has developed and patented a telehealth platform, Timed Health Assistive Technology Platform. The platform aims to help in patient empowerment, engagement, and improving health and economic outcomes. Gerard S. O’Connor, Matt O’Connor, and James Applebach founded Timed Health Corporation in 2016 and raised $1.3 million in previous rounds of funding. The proceeds of the current crowdfunding raise, with a minimum goal of $10,000 and a maximum goal of $973,467, will be used for software development, marketing and sales, compensation for managers, legal and government fees, and administration fees. Timed Health Corporation has five US patents issued and is in joint venture discussions with Aon, Cerner, Costco, and Stanford University.
Fanalyze, with a $7 million valuation cap, is raising crowdfunding on Republic. It is a sports data and analysis app that provides correct data and relevant information to people with a single search. Users can use the app to compare teams and players, aggregate data, customize preferences, and compare stats. Juan Juan and Chris Longboy founded Fanalyze in May 2010. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000, and the proceeds will target the growth of the user base and platform. Fanalyze has partnerships with Sportradar, HYPE, and FSGA. It currently has more than 5,000 users and aims to reach 10,000 paid users by 2021.
Sizigi, with a valuation cap of $9 million, is raising funds on Wefunder. The company is building a digital platform for job seekers where they can search and apply for jobs, track their applications, have interviews, and receive job offers. Tony Malz, Zachary Schenkler, and Alex Flores founded Sizigi in 2019. The proceeds of the current crowdfunding round, with a minimum goal of $100,000 and a maximum goal of $1,070,000, will target software development, sales and marketing, and operational expenses. Sizigi is affiliated with job boards led by DICE and Lensa, and has more than 5,000 users in its pilot program. The platform has partnerships with global companies and universities and is generating $10,000 in monthly revenue.
Doselva, with a $5 million valuation cap, is raising crowdfunding on Wefunder. The company offers value chain alternatives for farmers in Central America who are facing a livelihood crisis due to climate change and price volatility. Doselva is currently targeting the global spice market and targets smallholder farmers in the Caribbean and Latin America. Jefferson Shriver and Aaron D Sachowitz founded Doselva in February 2020. The current crowdfunding campaign of the company has a minimum goal of $50,000 and a maximum goal of $500,000. The funds will be used towards diversifying the production base, increasing processing plant capacity, and expanding the program to Honduras and Costa Rica. Doselva is working for people, the planet, and profit and is led by a highly passionate team with agri-business and smallholder support experience.
Fuel & Iron, with a pre-money valuation of $207,000, is raising funds on Wefunder. The company plans to develop a food hall and apartments in a historic building in Pueblo, Colorado. The project will revitalize Pueblo, with the apartments expected to be ready by November 2021 and the food hall by June 2022. Nathan Stern and Zach Cytryn founded Fuel & Iron in January 2019. The proceeds of the current crowdfunding raise, with a minimum target of $70,000 and a maximum target of $150,000, will be used for MEP engineering, energy modeling, civil engineering, marketing, food hall interior design documents, and pre-opening fees for food hall operators. Fuel & Iron will serve as the incubator for the next-generation restaurants in Pueblo, along with the 28 affordable housing units.
LPP Fusion, with a pre-money valuation of $49 million, is raising crowdfunding on Wefunder. The company is developing the densest form of fusion energy to recreate the power of the Sun on the Earth. The fusion being developed by LPP Fusion is focused, safe, clean, and cheap. Eric J. Lerner and Rudolph Fritsch founded LPP Fusion in 2003. The proceeds of the current crowdfunding campaign, with a minimum raise of $200,100 and a maximum raise of $1,069,950, will be used to finance the next four months of research, purchase lab space and equipment, and initiate testing of the hydrogen-boron fuel. LPP Fusion has reported the highest fusion energy output per unit energy input compared to any private fusion experiment.
PPC Ad Editor, with a $9 million valuation cap, is raising funds on Wefunder. The company has developed a niche SaaS platform for the creation, pre-launch, and approval of pay-per-click (PPC) ads and campaigns. The platform also helps to convert the campaign into an easy-to-read PDF for streamlining the approval process. Charles Sayasith and Albert Somlith founded PPC Ad Editor in 2019. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $250,000. The raise proceeds will target marketing, sales, new product/features development, professional services, and operations. PPC Ad Editor has more than 60 power users and has signed up with its first agency for an annual contract.
PayDownHero, with a $5.5 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a round-up app that allows users to apply their rounded-up transactions and incentivized micropayments to pay their auto loans. Kenneth Sargavakian and Erik Rueda founded PayDownHero in 2018. The proceeds of the current crowdfunding round, with a minimum goal of $150,000 and a maximum goal of $250,000, will be used for marketing, growth, user acquisition, team building, and hiring a banking specialist. PayDownHero has been developed by army veterans to help consumers truly level up. The company aims to grow rapidly and achieve a 35% month-over-month growth.
Awaken Her, a female-driven psychological thriller, is raising funds on Wefunder. The film is about a woman who spends her life looking for power through her physical appearance and finds power in the people and events that drove her inadequacy. Awaken Her is written and directed by Kerri Lynn Miller, with Brian D Cange as the line producer and Gary Latham as the co-executive producer. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000, and the funds will be used for production, cast fees, and post-production expenses. Awaken Her is led by an award-winning team with more than 25 years of experience. The film is exploring themes such as personal release, beauty, self-worth, and rebirth.
Supervest, with a valuation cap of $15 million, is raising funds on SeedInvest. The company has developed an online crowdfunding platform that allows accredited investors to tap into the potential of Merchant Cash Advance. The platform connects high-quality investors with stable funding partners to provide working capital to small businesses. Jeremy Morton founded Supervest in 2018 and raised $300,000 in the previous round of financing. The proceeds of the current crowdfunding round, with a minimum raise of $25,000 and a maximum raise of $950,000, will be used for marketing, technology, business development, and operational expenses. Supervest has participated in more than 3,100 funding transactions and provided more than $15.5 million in funding to small and medium businesses.
Trip360, with a valuation cap of $7.5 million, is raising funds on Republic. The platform helps airlines, hotels, travel distributors, and other travel brands to improve their customers’ experience and increase revenue. It makes the travel companies offer travel bundles. Avi Amar founded Trip360 in October 2020. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000, and the proceeds will be used for customer acquisition and worldwide expansion. Trip360 has generated more than $700,000 in revenue in the past twelve months, with a 125% year-over-year revenue growth in 2020. The company plans to expand to eight countries by the fourth quarter of 2022.
Epilog Imaging Systems, a technology company, is testing the waters on StartEngine through Reg A+ crowdfunding. The company has developed a digital vision technology with image quality similar to human eyes. The technology finds use in queue management, remote inspection, and driver assistance. Michael and Lance Mojaver founded Epilog Imaging Systems in 2015. The current round of crowdfunding has a minimum target of $51,750 and a maximum target of $5,175,000, and the proceeds will be used to further develop and produce Sherpa, Luma, Thermion, and Cinapse into production systems. Epilog Imaging Systems has a strong IP position with nine patents granted and software, optics, and robotic flow ready to scale manufacturing.
