Crowdfunding Has Never Been This Easy

Weekly newsletter about the latest news, updates, and information about crowdfunding campaigns.

Groundfloor Club on Wefunder

Groundfloor Club is a San Francisco-based company that operates as a tech-first platform focusing on in-person community experiences. The company has gained significant traction in its sector, achieving nearly $2 million in annual revenue. Groundfloor Club's approach combines technology and community, offering a seamless experience for its customers. The management team comprises co-founders with extensive experience in startups and operations. As of the information provided, the company has raised $64,250 from 38 investors, with a minimum investment of $1,000.

Key Highlights

1. LTV:CAC Ratio: Groundfloor Club boasts an impressive LTV:CAC (Lifetime Value to Customer Acquisition Cost) ratio of 3.11, indicating efficient marketing and a strong value proposition to its customers.

2. Annual Revenue: The company has achieved almost $2 million in Annual Recurring Revenue (ARR), showcasing significant growth and market acceptance.

3. Growing Waitlist: There is a substantial waitlist of 5,000 people, reflecting high demand and interest in Groundfloor Club's offerings.

4. Featured Investor Support: Gale Wilkinson, a syndicate lead, has invested $751,000 in Groundfloor Club. Wilkinson's support underscores the confidence in the company's potential and the strength of its management team.

Jogo Health on Wefunder

Jogo Health is a technology company specializing in treating various neuromuscular conditions such as stroke, migraine, chronic pain, and incontinence through neuroplasticity. The company is currently raising funds, with a goal of $7,710,000, and has already raised over $5,219,632. Jogo Health is based in Bridgewater Township, NJ, and operates in the health and fitness sector, leveraging technologies like AR, VR, and AI.

Key Highlights

1. Wide Range of Treatments: Jogo Health offers treatments for over 20 neuromuscular conditions, including stroke, migraine, chronic pain, and incontinence.

2. Significant Market Potential: The company targets a large market, with a Total Addressable Market (TAM) of $55 billion, a Serviceable Available Market (SAM) of $10 billion, and a Serviceable Obtainable Market (SOM) of $105 million.

3. Partnership with Mayo Clinic: Mayo Clinic, a renowned medical research group, is not only an investor in Jogo Health but also a co-development partner for Parkinson’s disease and tremors.

4. Experienced Leadership: The co-founders of Jogo Health have a strong background in the industry. Their previous AI venture was acquired by IQVIA, the world's largest clinical research company.

Three Chord Bourbon on Wefunder

Three Chord Bourbon is an award-winning blended bourbon company, founded by Rock Hall of Famer Neil Giraldo in 2017. It operates as a mid-stage American whiskey blending house, known for its unique brand that intertwines the spirit of creativity with music. The company has seen significant growth and recognition in the bourbon market, leveraging its unique barrel finishing techniques and a strong focus on quality.

Key Highlights

1. Impressive Fundraising and Sales Growth: The company's Wefunder raise is part of a larger $12.7 million total campaign, of which approximately $9 million has been funded. In 2022, they sold 12,000 cases and are on track to hit a projected 75,000 annual cases in the next five years.

2. Wide Distribution Network: Three Chord Bourbon is sold by over 3,000 stores in 38 states and Canada. The company is now focusing on deeper sales in the largest states to further expand its reach.

3. Award-Winning Products: The company has been awarded over 40 medals, including double golds, and has achieved high scores from notable critics (97 points from Barleycorn and 94 points from Whiskey Advocate).

4. Experienced Leadership Team: Led by Neil Giraldo, the founder and creative director, and supported by Paul Nanula, the CEO and president, and Ari Sussman, the master whiskey maker, the team brings a wealth of experience in music, business, and whiskey making.

Cherry Bombe on Wefunder

Cherry Bombe is a dynamic and influential modern media company that has carved a unique niche in celebrating women's contributions in the food world. Founded over a decade ago, it has established itself as a significant player in the media landscape, particularly in the food and beverage sector.

Key Highlights

1. Established Brand: Cherry Bombe is a 10-year-old brand with a growing global audience, affectionately known as the "BombeSquad."

2. Significant Revenue Growth: In 2024, the company's revenue growth is pacing at 300% compared to 2022.

3. Diverse Media Presence: The company has a podcast network, including "Radio Cherry Bombe," "New Baking," "GenZ" podcasts, and the official podcast of "Julia" on Max.

4. Expanding Business Model: Cherry Bombe has diversified its media brand with growing subscription channels and a paid membership program.

Elevare on Rialto

Elevare Technologies Inc. is a pioneering company in the field of Web 3.0 technologies, focusing on integrating these advanced technologies with current Web 2.0 applications. Founded in April 2022, Elevare is dedicated to developing digital twin custom metaworlds and virtual-as-a-service solutions. Their flagship product is the Eleverse Elevare Club Digital, a digital metaworld offering virtual offices, videoconferencing facilities, and other digital networking spaces. The company aims to facilitate the transition of businesses and consumers into a digital, Web 3.0 world, enhancing productivity and economic growth through technology.

Key Highlights

1. Innovative Digital Metaworld: Elevare has developed the Eleverse Elevare Club Digital, a comprehensive digital metaworld that includes virtual offices, an auditorium, a boardroom with smartboard capabilities, and a main lobby for digital networking.

2. Investment Opportunity: Elevare is conducting a Regulation CF offering, with a target of $250,000 and a maximum offering of $5,000,000. The minimum investment is set at $50,000, with shares priced at $1,000 each.

3. Products and Services: The company offers a range of services including white label solutions, semi-custom and full-custom digital twin development for various clients like retailers and attorneys. They also provide AI virtual assistants and cloud-based platforms for easy accessibility.

4. Market Growth and Vision: The global metaverse market, which Elevare is a part of, was estimated at USD 38.85 billion in 2021 and is expected to grow significantly. Elevare envisions a future where businesses are fully integrated into the metaverse, achieving financial sustainability and growth.

Staymenity on NetCapital

Staymenity is an innovative platform that revolutionizes the short-term rental market by allowing hosts to rent out luxury amenity spaces, such as pools, chefs' kitchens, and sports courts, along with curated experiences for hourly and daily use. The company aims to personalize the vacation rental space by pairing luxury spaces with unique experiences, enhancing both the guest's stay and the host's revenue potential.

Key Highlights

1. Unique Business Model: Staymenity focuses on monetizing unique spaces that are not typically suitable for overnight accommodations. This includes gardens, event spaces, and more, which can be used for special events, workshops, or photography sessions.

2. Integrated Services and Quality Assurance: The platform integrates with several services for ID verification, damage protection, and secure fund flow. It emphasizes quality assurance by vetting vendors and experiences, ensuring high standards for both hosts and guests.

3. Enhanced Guest and Host Experience: Staymenity enhances the guest experience by offering personalized experiences and themed packages. For hosts, it provides resources, guides, and best practices to optimize their offerings, along with tools like dynamic pricing and the ability to sell additional items.

4. Experienced Team and Growth Potential: The team behind Staymenity includes professionals with extensive experience in banking, web development, and finance. The platform has already onboarded over 100 quality listings and is in the process of developing relationships within the short-term rental industry.

Implant Club on Wefunder

Implant Club is a company focused on simplifying the dental implant process in the $18 billion dental implant industry. It is a spinoff of Implant Ninja, a dental edtech platform that has generated over $4 million in lifetime revenue. Implant Club offers a subscription service that provides a streamlined catalog of implants and an optimized surgical kit, aiming to make dental procedures simpler for both dentists and patients. The company emphasizes high-quality components without unnecessary extras, promoting simplicity and efficiency in dentistry.

Key Highlights

1. Spinoff of a Profitable Venture: Implant Club is a spinoff of Implant Ninja, which has already generated over $4 million in revenue, indicating a strong foundation and experience in the dental industry.

2. Expertise in Dental Implant Education: The company is founded by an award-winning expert in dental implant education, ensuring that the team has deep knowledge and understanding of the needs and complexities in this field.

3. FDA Registered with Positive Results: Implant Club is FDA registered and has shown positive results through three years of early user cohort testing, demonstrating the effectiveness and reliability of their products.

4. Innovative Subscription Model: The company offers a unique subscription model that includes a single platform, a streamlined catalog of implants, and an optimized surgical kit. This model is designed to reduce complications and provide a smoother experience for practitioners and patients alike.