Company: A Boring Life
Industry: Cannabis
Description: A Boring Life manufactures high-quality chef-curated snacks infused with CBD. The products, including high protein and Omega-3 rich almonds and walnuts, are available at supermarkets including New Seasons and Green Acres Market. A Boring Life products have already been approved for distribution in 80,000 stores across the US through AATAC business association.
Round: Seed
Type: Convertible Note
Valuation: $3.5M (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2019-10-14
URL: https://app.microventures.com/crowdfunding/a-boring-life
Notes: Very early, but the founders have a previous success.
Industry: Cannabis
Description: A Boring Life manufactures high-quality chef-curated snacks infused with CBD. The products, including high protein and Omega-3 rich almonds and walnuts, are available at supermarkets including New Seasons and Green Acres Market. A Boring Life products have already been approved for distribution in 80,000 stores across the US through AATAC business association.
Round: Seed
Type: Convertible Note
Valuation: $3.5M (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2019-10-14
URL: https://app.microventures.com/crowdfunding/a-boring-life
Notes: Very early, but the founders have a previous success.
New Equity Startup Deal
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
Company: Aavrani
Industry: Cosmetics
Description: The products of Aavrani are inspired by natural and ancient Indian beauty rituals. The company also supports young women’s education by sharing a part of its earnings with the Shanti Bhavan School in India. The beauty ritual of Aavrani is a four-step process, including glow-activating exfoliation, balance restoring serum, softening hydra-whip, and eye rejuvenating elixir.
Round: Post-Seed
Type: Crowd SAFE
Valuation: $5M (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2020-01-28
URL: https://republic.co/aavrani
Notes: Aavrani has over 500 five-star reviews on its products, with a 30% repeat purchase rate. It reached more than $1 million in revenues in 2019, with a gross profit margin of 84%.
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
Company: Aavrani
Industry: Cosmetics
Description: The products of Aavrani are inspired by natural and ancient Indian beauty rituals. The company also supports young women’s education by sharing a part of its earnings with the Shanti Bhavan School in India. The beauty ritual of Aavrani is a four-step process, including glow-activating exfoliation, balance restoring serum, softening hydra-whip, and eye rejuvenating elixir.
Round: Post-Seed
Type: Crowd SAFE
Valuation: $5M (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2020-01-28
URL: https://republic.co/aavrani
Notes: Aavrani has over 500 five-star reviews on its products, with a 30% repeat purchase rate. It reached more than $1 million in revenues in 2019, with a gross profit margin of 84%.
New Equity Startup Deal
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
Company: Humphry Slocombe
Industry: Food
Description: Humphrey Slocombe creates ice creams for adults, in flavors that they would like to eat, including bourbon ice-cream with cornflakes, green tea ice-cream with snickerdoodle cookies and many other unique flavors. Humphrey Slocombe was founded by Jake Godby and Sean Vahey and already has four scoop shops and over 568 wholesale accounts. The current round proceeds will be used for opening new retail stores, wholesale expansion and for optimizing existing stores. Humphrey Slocombe reported 105% growth in pint shipments from 2016 to 2018 and is soon launching in 25 grocery stores in New York in August 2019.
Round: Post-Seed
Type: Common Stock
Valuation: $14.4M
Discount: 0%
Interest: 0%
Minimum: $100
Deadline: 2019-11-28
URL: https://wefunder.com/Humphry-Slocombe
Notes: Not a bad replacement for OddFellows Ice Cream Co. which didn't raise enough.
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
Company: Humphry Slocombe
Industry: Food
Description: Humphrey Slocombe creates ice creams for adults, in flavors that they would like to eat, including bourbon ice-cream with cornflakes, green tea ice-cream with snickerdoodle cookies and many other unique flavors. Humphrey Slocombe was founded by Jake Godby and Sean Vahey and already has four scoop shops and over 568 wholesale accounts. The current round proceeds will be used for opening new retail stores, wholesale expansion and for optimizing existing stores. Humphrey Slocombe reported 105% growth in pint shipments from 2016 to 2018 and is soon launching in 25 grocery stores in New York in August 2019.
Round: Post-Seed
Type: Common Stock
Valuation: $14.4M
Discount: 0%
Interest: 0%
Minimum: $100
Deadline: 2019-11-28
URL: https://wefunder.com/Humphry-Slocombe
Notes: Not a bad replacement for OddFellows Ice Cream Co. which didn't raise enough.
New Equity Startup Deal
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
Company: Avenify
Industry: Lending
Description: Avenify, a marketplace lending platform for Income Share Agreements, is revolutionizing the student financing market. Avenify helps the students to fund their education through ISAs rather than traditional loans. By doing so, students do not need to pay interest on loans; instead, they share a fixed percentage of their income with the company for a stipulated period of time. Avenify has over 2,000 student sign-ups and has processed more than 500 funding applications. It plans to grow to 10,000 students and 2,500 applications by 2020, with projected revenues of $100,000.
Round: Post-Seed
Type: Crowd SAFE
Valuation: $4M
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2019-12-31
URL: https://republic.co/avenify
Notes: An interesting evolution of the P2P lending model. Seems like interests may more aligned than just being a loan shark.
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
Company: Avenify
Industry: Lending
Description: Avenify, a marketplace lending platform for Income Share Agreements, is revolutionizing the student financing market. Avenify helps the students to fund their education through ISAs rather than traditional loans. By doing so, students do not need to pay interest on loans; instead, they share a fixed percentage of their income with the company for a stipulated period of time. Avenify has over 2,000 student sign-ups and has processed more than 500 funding applications. It plans to grow to 10,000 students and 2,500 applications by 2020, with projected revenues of $100,000.
Round: Post-Seed
Type: Crowd SAFE
Valuation: $4M
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2019-12-31
URL: https://republic.co/avenify
Notes: An interesting evolution of the P2P lending model. Seems like interests may more aligned than just being a loan shark.
New Equity Startup Deal
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
Company: NowRx
Industry: Pharmacy
Description: NowRX is creating an on-demand pharmacy delivery system that is going to create cost efficiencies for the healthcare world, better service for the customer, and improved adherence to pharmaceuticals. It offers free same day delivery for the same copay and utilizes a mobile app to facilitate the process of ordering prescriptions.
Round: Series B
Type: Preferred Equity
Valuation: $65m
Discount: 0%
Interest: 0%
Minimum: $1000 (or as low as $200 via Auto Invest)
Deadline: ???
URL: https://www.seedinvest.com/nowrx
Notes: Second crowdfunding raise and likely the last as their next round will be for at least nine figures from institutions to be able to scale out nationally. Going from 5 locations to 11 with this raise.
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
Company: NowRx
Industry: Pharmacy
Description: NowRX is creating an on-demand pharmacy delivery system that is going to create cost efficiencies for the healthcare world, better service for the customer, and improved adherence to pharmaceuticals. It offers free same day delivery for the same copay and utilizes a mobile app to facilitate the process of ordering prescriptions.
Round: Series B
Type: Preferred Equity
Valuation: $65m
Discount: 0%
Interest: 0%
Minimum: $1000 (or as low as $200 via Auto Invest)
Deadline: ???
URL: https://www.seedinvest.com/nowrx
Notes: Second crowdfunding raise and likely the last as their next round will be for at least nine figures from institutions to be able to scale out nationally. Going from 5 locations to 11 with this raise.
Company: Youcanevent
Industry: Event Planning
Description: The platform of Youcanevent allows users to create and host community and business events conveniently and efficiently. Everything required to arrange events is available on Youcanevent, including event services and packages, voice or text assistance, and price transparency. Funds raised will be used to grow the company in the Bay Area and beyond to major cities in the US. Youcanevent already has more than 5,000 users and has reported transactions of more than $690,000 to date.
Round: Seed
Type: Crowd SAFE
Valuation: $7.5m (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2020-01-05
URL: https://republic.co/youcanevent
Notes: Been a tough nut to crack. Will they be the one?
Industry: Event Planning
Description: The platform of Youcanevent allows users to create and host community and business events conveniently and efficiently. Everything required to arrange events is available on Youcanevent, including event services and packages, voice or text assistance, and price transparency. Funds raised will be used to grow the company in the Bay Area and beyond to major cities in the US. Youcanevent already has more than 5,000 users and has reported transactions of more than $690,000 to date.
Round: Seed
Type: Crowd SAFE
Valuation: $7.5m (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2020-01-05
URL: https://republic.co/youcanevent
Notes: Been a tough nut to crack. Will they be the one?
Company: Ember Fund
Industry: Crypto
Description: The Ember Fund application allows individuals to invest in a managed cryptocurrency hedge fund portfolio. The global app helps users to invest easily and securely, with as little as $100. The users do not need to trust a third party and can follow experts for investment advice. Funds raised will be used to scale the business to over a $1 million run rate. Ember Fund has already reported more than $10 million in transaction volume, with average revenue of $150 per user per year with $50 CPA.
Round: Seed
Type: Crowd SAFE
Valuation: $5m (cap)
Discount: 15%
Interest: 0%
Minimum: $100
Deadline: 2020-01-31
URL: https://republic.co/ember-fund
Notes: Launched in Oct 2018, $200K in revenue expected this year so far.
Industry: Crypto
Description: The Ember Fund application allows individuals to invest in a managed cryptocurrency hedge fund portfolio. The global app helps users to invest easily and securely, with as little as $100. The users do not need to trust a third party and can follow experts for investment advice. Funds raised will be used to scale the business to over a $1 million run rate. Ember Fund has already reported more than $10 million in transaction volume, with average revenue of $150 per user per year with $50 CPA.
Round: Seed
Type: Crowd SAFE
Valuation: $5m (cap)
Discount: 15%
Interest: 0%
Minimum: $100
Deadline: 2020-01-31
URL: https://republic.co/ember-fund
Notes: Launched in Oct 2018, $200K in revenue expected this year so far.
Company: Sweetberry
Industry: Food
Description: Sweetberry was founded in 2017 with the vision of bringing fresh, healthy food and good vibes to local communities. It offers meals like acai bowls, salads, smoothies, wraps and poke bowls at prices that undercut the competition. Sweetberry has quickly built a national brand with 19 units across 6 states in just two years. By the end of 2019, they plan to have 20 locations opened across 7 states and are projected to bring in over $5.5m in revenue.
Round: Post-Seed
Type: Crowd SAFE
Valuation: $9m (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2020-03-06
URL: https://republic.co/sweetberry
Notes: Sweetberry is switching to a primarily franchise model. That’s because it’s the only way to scale.
Industry: Food
Description: Sweetberry was founded in 2017 with the vision of bringing fresh, healthy food and good vibes to local communities. It offers meals like acai bowls, salads, smoothies, wraps and poke bowls at prices that undercut the competition. Sweetberry has quickly built a national brand with 19 units across 6 states in just two years. By the end of 2019, they plan to have 20 locations opened across 7 states and are projected to bring in over $5.5m in revenue.
Round: Post-Seed
Type: Crowd SAFE
Valuation: $9m (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2020-03-06
URL: https://republic.co/sweetberry
Notes: Sweetberry is switching to a primarily franchise model. That’s because it’s the only way to scale.
Company: Winc
Industry: Food
Description: Winc is disrupting the wine space by bringing wine into the 21st century for the next generation of wine drinkers (Millennials and Gen-Xers). As a fully-integrated winery, they use an omni-channel, brand-centric approach to build and scale culturally-relevant brands. Summer Water Rosé, a highlight of their brand portfolio (consisting of over 90 trademarks), has a combined $10m in sales and has grown at over 1200% CAGR. With the funds raised, the team plans to further scale direct-to-consumer acquisition and grow membership, invest in growing the wholesale team and accounts, increase retail distribution domestically and internationally, lauch new brands as well as explore brand expansion into new product categories, such as Sake, and grow the portfolio through strategic acquisitions.
Round: Series D
Type: Preferred Equity
Valuation: $110m
Discount: 0%
Interest: 0%
Minimum: $999 (or as low as $200 via Auto Invest)
Deadline: ???
URL: https://www.seedinvest.com/winc/series.d
Notes: Winc has the unique ability to experiment, launch, test, iterate and improve projects with their customers at an unrivaled pace. They are able to first validate brands digitally to establish consumer appetite and ensure proof of concept, and from there they are able to grow and scale select wines offline within the wider market. They also leverage Big Data from 3.3m customer ratings and 40+ data points on every wine. They are looking at an IPO possibility as an exit.
Industry: Food
Description: Winc is disrupting the wine space by bringing wine into the 21st century for the next generation of wine drinkers (Millennials and Gen-Xers). As a fully-integrated winery, they use an omni-channel, brand-centric approach to build and scale culturally-relevant brands. Summer Water Rosé, a highlight of their brand portfolio (consisting of over 90 trademarks), has a combined $10m in sales and has grown at over 1200% CAGR. With the funds raised, the team plans to further scale direct-to-consumer acquisition and grow membership, invest in growing the wholesale team and accounts, increase retail distribution domestically and internationally, lauch new brands as well as explore brand expansion into new product categories, such as Sake, and grow the portfolio through strategic acquisitions.
Round: Series D
Type: Preferred Equity
Valuation: $110m
Discount: 0%
Interest: 0%
Minimum: $999 (or as low as $200 via Auto Invest)
Deadline: ???
URL: https://www.seedinvest.com/winc/series.d
Notes: Winc has the unique ability to experiment, launch, test, iterate and improve projects with their customers at an unrivaled pace. They are able to first validate brands digitally to establish consumer appetite and ensure proof of concept, and from there they are able to grow and scale select wines offline within the wider market. They also leverage Big Data from 3.3m customer ratings and 40+ data points on every wine. They are looking at an IPO possibility as an exit.
Company: Monogram Orthopaedics
Industry: Healthcare
Description: Monogram is reinventing how joint replacements will be done for the next 50 years. They provide an end-to-end solution with its proprietary advanced surgical robotic system, 3D-printed patient-customized perfect-fit implants, automated digital image analysis algorithms, cutting tools and a proprietary camera system (that enables difficult cut paths and insertion accuracy). All of Mongoram’s tools are designed to work together through its sophisticated and proprietary software. Monogram's technology is highly advanced AND proven. Tests show that Monogram's hip replacement surgery provides SEVEN TIMES greater bone contact than conventional methods and results in a SEVEN TIMES improvement in stability at the outset of post-operation recovery. Monogram has also tested its knee implants with similar results. Capturing just a low 3% of the global joint replacement market (2016) estimates out to a 122x growth from its current valuation.
Round: Series A
Type: Preferred equity
Valuation: $21.25m
Discount: 0%
Interest: 0%
Minimum: $1000 (or as low as $200 via Auto Invest)
Deadline: ???
URL: https://www.seedinvest.com/monogram/series.a
Notes: The 50-year-old orthopedics industry needs some serious surgery. It's ruled by a cartel of four legacy companies incapable of instituting serious change. Technologically, the industry is still in the 20th century. In terms of products, implants are shockingly flawed... by design.
Industry: Healthcare
Description: Monogram is reinventing how joint replacements will be done for the next 50 years. They provide an end-to-end solution with its proprietary advanced surgical robotic system, 3D-printed patient-customized perfect-fit implants, automated digital image analysis algorithms, cutting tools and a proprietary camera system (that enables difficult cut paths and insertion accuracy). All of Mongoram’s tools are designed to work together through its sophisticated and proprietary software. Monogram's technology is highly advanced AND proven. Tests show that Monogram's hip replacement surgery provides SEVEN TIMES greater bone contact than conventional methods and results in a SEVEN TIMES improvement in stability at the outset of post-operation recovery. Monogram has also tested its knee implants with similar results. Capturing just a low 3% of the global joint replacement market (2016) estimates out to a 122x growth from its current valuation.
Round: Series A
Type: Preferred equity
Valuation: $21.25m
Discount: 0%
Interest: 0%
Minimum: $1000 (or as low as $200 via Auto Invest)
Deadline: ???
URL: https://www.seedinvest.com/monogram/series.a
Notes: The 50-year-old orthopedics industry needs some serious surgery. It's ruled by a cartel of four legacy companies incapable of instituting serious change. Technologically, the industry is still in the 20th century. In terms of products, implants are shockingly flawed... by design.
Note that for Auto Invest purposes, a Reg A+ raise such as NowRx, Monogram or Winc must raise at least $2m to become eligible. Reg CF raises must be at least $250K. The good news is any bonuses/discounts from being the earliest of investors is also applied to Auto Invest transactions.
Company: Franny's Distribution
Industry: Marijuana
Description: Franny’s Distribution leverages vertical integration to bring high-quality and low-cost hemp and CBD products to the market through wholesale and e-commerce. Franny’s Distribution controls the entire supply chain to meet high standards. Franny’s Distribution has reported revenues of $385,000 just in the last five months, launched two new dispensaries, and is launching a franchise offering.
Round: Seed
Type: Equity
Valuation: $8.4m
Discount: 0%
Interest: 0%
Minimum: $296
Deadline: 2019-12-03
URL: https://www.startengine.com/frannysfarm
Notes: Was on the fence about this one vs publically listed growth companies. Less than $500 left unless they file to raise the limit.
Industry: Marijuana
Description: Franny’s Distribution leverages vertical integration to bring high-quality and low-cost hemp and CBD products to the market through wholesale and e-commerce. Franny’s Distribution controls the entire supply chain to meet high standards. Franny’s Distribution has reported revenues of $385,000 just in the last five months, launched two new dispensaries, and is launching a franchise offering.
Round: Seed
Type: Equity
Valuation: $8.4m
Discount: 0%
Interest: 0%
Minimum: $296
Deadline: 2019-12-03
URL: https://www.startengine.com/frannysfarm
Notes: Was on the fence about this one vs publically listed growth companies. Less than $500 left unless they file to raise the limit.
NEW EQUITY STARTUP DEAL
Company: Ternio BlockCard
Industry: Crypto
Description: Ternio BlockCard provides a platform for the customers to move money instantly, with real-world application of blockchain and cryptocurrency. Ternio's BlockCard allows users to buy using their cryptocurrency at about 50 million merchants. Ternio BlockCard was founded by Ian Kane and Daniel Gouldman in January 2018 and has raised $300,000 since its inception. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000, and the funds will be used for marketing, product development, and adding more staff. Ternio BlockCard is already a profitable company, with more than $1 million in revenues in 2018. BlockCard has 11 enterprise partners white-labeling it.
Round: Seed
Type: Crowd SAFE
Valuation: $15m (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2020-05-01
URL: https://republic.co/ternio
Notes: They are in the final beta phase of enabling customers to fund their card with cash at Walmart, 7-11, Walgreens, and a number of other national retailers. This means customers will be able to walk into a retail store, hand the cashier $100 in cash, and instantly have that converted to crypto on their BlockCard.
Company: Ternio BlockCard
Industry: Crypto
Description: Ternio BlockCard provides a platform for the customers to move money instantly, with real-world application of blockchain and cryptocurrency. Ternio's BlockCard allows users to buy using their cryptocurrency at about 50 million merchants. Ternio BlockCard was founded by Ian Kane and Daniel Gouldman in January 2018 and has raised $300,000 since its inception. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000, and the funds will be used for marketing, product development, and adding more staff. Ternio BlockCard is already a profitable company, with more than $1 million in revenues in 2018. BlockCard has 11 enterprise partners white-labeling it.
Round: Seed
Type: Crowd SAFE
Valuation: $15m (cap)
Discount: 20%
Interest: 0%
Minimum: $100
Deadline: 2020-05-01
URL: https://republic.co/ternio
Notes: They are in the final beta phase of enabling customers to fund their card with cash at Walmart, 7-11, Walgreens, and a number of other national retailers. This means customers will be able to walk into a retail store, hand the cashier $100 in cash, and instantly have that converted to crypto on their BlockCard.
RULES OF THE ROAD
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
To make the math work, you must invest relatively small and equal amounts broadly and over time. The overall failure rate is expected to be around 70%. 1 out of every 1000 investments is expected to reach unicorn status ($1 billion valuation). The non-unicorn winners are expected to average around a 14x return (after dilution) for reaching a reasonable $200m average valuation. Based upon venture capitalist returns (whom have to bypass 99.75% of all deals to shoot at only unicorns due to their huge warchest), at least a 13.67% CAGR per year is expected (in hindsight). Not counting digital security tokens (typically with a one year lockup period) or secondary private "exchanges" of which there are only three so far, there is no liquidity until either an acquisition or IPO happens, which can take anywhere from 3-10 years. Funding rounds typically proceed like this: Pre-Seed; Seed; Post-Seed; Bridge; Series A (collectively, early stage), Series B to D (collectively, mid stage), Series E+ (collectively, late stage), then an IPO or direct listing on a public stock exchange.
NEW EQUITY STARTUP DEAL
Company: Loveseat
Industry: Furniture
Description: Loveseat is an online liquidation marketplace for furniture and home decor. The company has a valuation cap of $8 million and helps sellers to liquidate their used furniture quickly and efficiently. The Loveseat team takes professional pictures of the furniture, measures them, lists them online, and manages the bidding process. Loveseat collects fees from both the buyers and the sellers. Loveseat was founded by Chris Stanchak and Jenny Stanchak in 2015 and has already raised more than $2 million since its founding. The current crowdfunding round has a target of $50,000, and the proceeds will be used to scale up operations in San Diego and Los Angeles and to open up a new market in Orange County. Loveseat sells more than 500 pieces of furniture every day, with 61% of the bidders repeating monthly.
Round: Post-Seed
Type: SAFE
Valuation: $8m (cap)
Discount: 0%
Interest: 0%
Minimum: $100
Deadline: 2019-12-09
URL: https://wefunder.com/loveseat
Notes: Under the radar. Loveseat has pivoted away from being a curated provider of vintage furniture to being a comprehensive furniture and home decor online liquidation auction operator. Loveseat has little direct competition. Early Bird bonus is still available as of this posting.
Company: Loveseat
Industry: Furniture
Description: Loveseat is an online liquidation marketplace for furniture and home decor. The company has a valuation cap of $8 million and helps sellers to liquidate their used furniture quickly and efficiently. The Loveseat team takes professional pictures of the furniture, measures them, lists them online, and manages the bidding process. Loveseat collects fees from both the buyers and the sellers. Loveseat was founded by Chris Stanchak and Jenny Stanchak in 2015 and has already raised more than $2 million since its founding. The current crowdfunding round has a target of $50,000, and the proceeds will be used to scale up operations in San Diego and Los Angeles and to open up a new market in Orange County. Loveseat sells more than 500 pieces of furniture every day, with 61% of the bidders repeating monthly.
Round: Post-Seed
Type: SAFE
Valuation: $8m (cap)
Discount: 0%
Interest: 0%
Minimum: $100
Deadline: 2019-12-09
URL: https://wefunder.com/loveseat
Notes: Under the radar. Loveseat has pivoted away from being a curated provider of vintage furniture to being a comprehensive furniture and home decor online liquidation auction operator. Loveseat has little direct competition. Early Bird bonus is still available as of this posting.
NEW EQUITY STARTUP DEAL
Company: SanMelix Laboratories
Industry: Healthcare
Description: SanMelix Laboratories is creating a wound dressing formulation by combining the natural healing properties of buckwheat honey and some bioactive enhancements. The patents for these wound-care products are pending. The proceeds of the current crowdfunding round will be used to complete the testing of the products and to prepare an inventory. The products of SanMelix are the first-ever honey-based formulations, and they are being tested currently by the U.S. Air Force.
Round: Post-Seed
Type: Equity
Valuation: $6.56m
Discount: 0%
Interest: 0%
Minimum: $249.60
Deadline: 2020-01-17
URL: https://www.startengine.com/sanmelix/
Notes: 10% off the market cap via a trial StartEngine Owner's Bonus is available during the next five days. SanMelix is capitalizing on a $23.3B global wound healing market, a $3.6B global diabetic foot ulcer treatment market, and a $310.9M global radiodermatitis market. This is considering only the markets their current products would enter not the potential of other applications SanMelix Laboratories is considering. Big pharma, which will need to adapt to pressures for less utilization of antibiotics, could very likely look at this company as a prime acquisition target.
Company: SanMelix Laboratories
Industry: Healthcare
Description: SanMelix Laboratories is creating a wound dressing formulation by combining the natural healing properties of buckwheat honey and some bioactive enhancements. The patents for these wound-care products are pending. The proceeds of the current crowdfunding round will be used to complete the testing of the products and to prepare an inventory. The products of SanMelix are the first-ever honey-based formulations, and they are being tested currently by the U.S. Air Force.
Round: Post-Seed
Type: Equity
Valuation: $6.56m
Discount: 0%
Interest: 0%
Minimum: $249.60
Deadline: 2020-01-17
URL: https://www.startengine.com/sanmelix/
Notes: 10% off the market cap via a trial StartEngine Owner's Bonus is available during the next five days. SanMelix is capitalizing on a $23.3B global wound healing market, a $3.6B global diabetic foot ulcer treatment market, and a $310.9M global radiodermatitis market. This is considering only the markets their current products would enter not the potential of other applications SanMelix Laboratories is considering. Big pharma, which will need to adapt to pressures for less utilization of antibiotics, could very likely look at this company as a prime acquisition target.
NEW EQUITY STARTUP DEAL
Company: Ola Brew
Sector: Food
Description: Ola Brew Co. is here, and they want to share their locally sourced and brewed craft beers and ciders with the Hawaii County community. Created by the same people that brought you Hawaiian Ola, the energy drink brand, they plan on using their proven track record with beverages to help grow Ola Brew into Hawaii's brewery. They already have relationships with 422 partners, such as Whole Foods, Safeway, and 7-Eleven, to leverage. Ola Brew plans on being the first to bring production scale, locally sourced, craft cider to Hawaii, and so far, they've raised over $2.5M for the necessary equipment and facilities. Their brewmaster has won multiple gold medals, and they've already partnered with local chefs and farmers for sourcing and pairing in their taproom.
Round: Post-Seed
Type: Preferred Stock
Valuation: $17.7m
Discount: 0%
Interest: 0%
Minimum: $25,000
Deadline: 2020-02-28
URL: http://www.filedropper.com/olabrewinvestmentdocdec2
Notes: Third raise, a bit high on the valuation. Not a long-term fast grower, more of a social impact investment that undoubtedly inspires strong local pride. Dole Food Company has all but ruined Hawaiian farmers and kept them impoverished.
Company: Ola Brew
Sector: Food
Description: Ola Brew Co. is here, and they want to share their locally sourced and brewed craft beers and ciders with the Hawaii County community. Created by the same people that brought you Hawaiian Ola, the energy drink brand, they plan on using their proven track record with beverages to help grow Ola Brew into Hawaii's brewery. They already have relationships with 422 partners, such as Whole Foods, Safeway, and 7-Eleven, to leverage. Ola Brew plans on being the first to bring production scale, locally sourced, craft cider to Hawaii, and so far, they've raised over $2.5M for the necessary equipment and facilities. Their brewmaster has won multiple gold medals, and they've already partnered with local chefs and farmers for sourcing and pairing in their taproom.
Round: Post-Seed
Type: Preferred Stock
Valuation: $17.7m
Discount: 0%
Interest: 0%
Minimum: $25,000
Deadline: 2020-02-28
URL: http://www.filedropper.com/olabrewinvestmentdocdec2
Notes: Third raise, a bit high on the valuation. Not a long-term fast grower, more of a social impact investment that undoubtedly inspires strong local pride. Dole Food Company has all but ruined Hawaiian farmers and kept them impoverished.
NEW EQUITY STARTUP DEAL
Company: Vegan Fine Foods
Sector: Food
Description: Vegan Fine Foods is an all-vegan market, body shop and cafe, with a flagship location in Ft. Lauderdale, FL. They carry over 4,000 plant-based retail products on their shelves and in the frozen & refrigerated departments. The cafe offers a full menu of vegan meals, smoothies, juices, bowls, more. The body shop features the best vegan supplements, body care, facial care and cosmetics. In its first year (2018-2019), Vegan Fine Foods brought in $1 million in revenue, served over 35K customers and has seen steady increases in both since opening. Specifically, since Q1 of 2019, the average number of customers per day at the Fort Lauderdale location increased over 20%. Over 50% of their customers are flexitarians.
Round: Seed
Type: Convertible Note
Valuation: $5m (cap)
Discount: 8%
Interest: 15%
Minimum: $100
Deadline: 2020-01-31
URL: https://wefunder.com/vegan.fine.foods/
Notes: Similar to 2017 for trannyism, 2019 was the year of veganism. Though supermarkets tend to offer meatless alternatives, there exists no single supermarket chain unique to the needs of vegans and other individuals that eat primarily plant-based diets in the U.S.. Without these options, many strict vegans are forced to store-hop to find all the products they need in one grocery trip. Vegan Fine Foods faces little direct competition as the first-of-its-kind vegan-specific grocery chain. Franchising, private labeling and an e-commerce platform are in the works.
Company: Vegan Fine Foods
Sector: Food
Description: Vegan Fine Foods is an all-vegan market, body shop and cafe, with a flagship location in Ft. Lauderdale, FL. They carry over 4,000 plant-based retail products on their shelves and in the frozen & refrigerated departments. The cafe offers a full menu of vegan meals, smoothies, juices, bowls, more. The body shop features the best vegan supplements, body care, facial care and cosmetics. In its first year (2018-2019), Vegan Fine Foods brought in $1 million in revenue, served over 35K customers and has seen steady increases in both since opening. Specifically, since Q1 of 2019, the average number of customers per day at the Fort Lauderdale location increased over 20%. Over 50% of their customers are flexitarians.
Round: Seed
Type: Convertible Note
Valuation: $5m (cap)
Discount: 8%
Interest: 15%
Minimum: $100
Deadline: 2020-01-31
URL: https://wefunder.com/vegan.fine.foods/
Notes: Similar to 2017 for trannyism, 2019 was the year of veganism. Though supermarkets tend to offer meatless alternatives, there exists no single supermarket chain unique to the needs of vegans and other individuals that eat primarily plant-based diets in the U.S.. Without these options, many strict vegans are forced to store-hop to find all the products they need in one grocery trip. Vegan Fine Foods faces little direct competition as the first-of-its-kind vegan-specific grocery chain. Franchising, private labeling and an e-commerce platform are in the works.
NEW EQUITY STARTUP DEAL
Company: Elegance Brands
Industry: Liquor/Cannabis
Description: A special situation, see Notes below.
Round: Seed
Type: Common Stock
Valuation: $42.75m
Discount: 0%
Interest: 0%
Minimum: $250
Deadline: 2020-01-31
URL: https://investinelegance.com/
Notes: A vetted Teeka Tiwari pick. This is basically a back-door play into owning public shares of Lifestyle Brands Group (LBG) which is or will be acquiring Elegance Brands which owns the intellectual property of Australian Boutique Spirits for $1. See https://www.proactiveinvestors.com/companies/news/220009/lifestyle-global-brands-is-leveraging-its-alcohol-expertise-with-a-new-line-of-cbd-beverages-220009.html for more details. Raj Beri is the founder and managing director of Lifestyle Brands Group (LBG) and if not himself, then various other family members are behind the companies being acquired by LBG, see https://beri.holdings/. Jim Rogers and Larry King are advisors.
Company: Elegance Brands
Industry: Liquor/Cannabis
Description: A special situation, see Notes below.
Round: Seed
Type: Common Stock
Valuation: $42.75m
Discount: 0%
Interest: 0%
Minimum: $250
Deadline: 2020-01-31
URL: https://investinelegance.com/
Notes: A vetted Teeka Tiwari pick. This is basically a back-door play into owning public shares of Lifestyle Brands Group (LBG) which is or will be acquiring Elegance Brands which owns the intellectual property of Australian Boutique Spirits for $1. See https://www.proactiveinvestors.com/companies/news/220009/lifestyle-global-brands-is-leveraging-its-alcohol-expertise-with-a-new-line-of-cbd-beverages-220009.html for more details. Raj Beri is the founder and managing director of Lifestyle Brands Group (LBG) and if not himself, then various other family members are behind the companies being acquired by LBG, see https://beri.holdings/. Jim Rogers and Larry King are advisors.
NEW EQUITY STARTUP DEAL
Company: Xcite Interactive
Industry: Entertainment
Description: Xcite Interactive provides in stadium interactive media content. By doing so, sports fans can interact in real-time with teams via sponsorships, advertisements, interactive games (42 customizable games so far), marketing tie-ins and other formats. Its goal is to thoroughly engage audiences during commercial breaks and other non-active periods (for example, out of a typical 3 hour 12 minute long NFL game, about one hour is spent on 20 commercial breaks and the actual playing time is only one hour long!) To date, over 200 million fans across more than 2,500 pro sporting events per year have engaged with their products and current clients include the NHL, NFL, NBA, MLB, MLS and NCAA.
Round: Post-Seed
Type: Common Stock
Valuation: $18m
Discount: 0%
Interest: 0%
Minimum: $100
Deadline: 2020-04-03
URL: https://wefunder.com/xcite.interactive.inc
Notes: Xcite is already net profitable! A rarity for an early-stage firm of any color.
Company: Xcite Interactive
Industry: Entertainment
Description: Xcite Interactive provides in stadium interactive media content. By doing so, sports fans can interact in real-time with teams via sponsorships, advertisements, interactive games (42 customizable games so far), marketing tie-ins and other formats. Its goal is to thoroughly engage audiences during commercial breaks and other non-active periods (for example, out of a typical 3 hour 12 minute long NFL game, about one hour is spent on 20 commercial breaks and the actual playing time is only one hour long!) To date, over 200 million fans across more than 2,500 pro sporting events per year have engaged with their products and current clients include the NHL, NFL, NBA, MLB, MLS and NCAA.
Round: Post-Seed
Type: Common Stock
Valuation: $18m
Discount: 0%
Interest: 0%
Minimum: $100
Deadline: 2020-04-03
URL: https://wefunder.com/xcite.interactive.inc
Notes: Xcite is already net profitable! A rarity for an early-stage firm of any color.