Cadence OTC and VitaBowl Featured Among New Impact Offerings - April 1, 2024
This Week's New Crowdfund Offerings With Social Impact, Minority, Women and LGBTQ Founders
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Each week, Superpowers for Good shares a list of new impact-related offerings added to FINRA-Registered crowdfunding portals and by broker-dealers. We’ll share four separate lists:
Impact offerings as determined by KingsCrowd reviews.
Offerings with minority founders.
Deals with women founders.
Those with LGBTQ founders.
Sometimes, it takes weeks for our source to determine that a company has a social impact, a woman, minority or LGBTQ founder. When we discover an offering qualifies for our list, even if it is no longer new, we will include it. See the lists below.
SuperCrowd Social Impact Offerings of the Week:
Smart Cups, with a valuation of $57.79 million, is raising funds on StartEngine. The company has developed a patented delivery system platform that creates sustainable consumer packaged products. Smart Cups uses its novel microencapsulation printing to eliminate liquid from consumer packaged goods and enables their liquidness transportation. The technology helps to reduce carbon emissions, packaging, and global warming and has been featured in FOX, ABC 7, Time Magazine, and Forbes. Chris Kanik founded Smart Cups in February 2023. The current crowdfunding campaign has a minimum target of $14,997.80 and a maximum target of $3.9 million. The campaign proceeds will be used for research and development, inventory, working capital, and company employment. (Courtesy of KingsCrowd.)
SuperCrowd Minority Founders Offerings of the Week:
Colive is raising funds on SMBX. The business is based in Newark, Delaware, and makes artisan olive oil using fresh olives. Colive sources its olives from local farms that grow them sustainably using regenerative agriculture methods and bring out a bright and complex flavor. The business also donates to education and social businesses and maximizes its impact. Colive has its products in 502 Whole Foods stores nationwide and reported a 35% growth in the first year of operations. Hasan Siber founded Colive in September 2018. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $50,000. The campaign proceeds will be used for inventory to keep up with customer demand and marketing to acquire new customers. (Courtesy of KingsCrowd.)
SuperCrowd Women Founders Offerings of the Week:
Cadence OTC, with a valuation of $73 million, is raising funds on Wefunder. The company makes birth control without barriers and aims to sell it over-the-counter without a prescription. Cadence OTC plans to make over-the-counter birth control accessible to everyone, everywhere, and is working with the FDA to enable The Pill to be sold without a prescription through the Rx-to-OTC switch process. The business has a revenue run rate of $3 million and has an exclusive partnership with the number one distributor of healthcare products in 180,000 US convenience stores. Samantha Miller, Nap Hosang, and Malcolm Potts founded Cadence OTC in September 2014. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $3 million. The campaign proceeds will be used for the commercial launch of the emergency contraceptive product and the pregnancy test product, as well as manufacturing and final selection studies for the OTC pill. (Courtesy of KingsCrowd.)
SuperCrowd LGBTQ Founders Offerings of the Week:
VitaBowl, with a valuation of $9.99 million, is raising funds on StartEngine. The company offers nutritionist-designed and chef-refined superfood meals. VitaBowl meals are personalized and health-focused and are guided by a 3-star Michelin Chef to help people heal their bodies from the inside out. The business also offers a telehealth service that connects users with nutritionists and provides them with tailored meals. VitaBowl has key B2B clients, including Cedars Sinai and UCLA Health, and has shipped over 200,000 meals. Dominique Crenn, Charles Yim, Miko Lorenzo, and Sarah Brandow founded VitaBowl in November 2019. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, sales and marketing, software engineering, working capital, and marketing. (Courtesy of KingsCrowd.)
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
SuperCrowd24, April 17-18: This two-day virtual event is our biggest of the year. Don’t miss it. Use the discount code “SuperCrowd” to save 50 percent.
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on April 23, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. Everyone is welcome to join these free events.
SuperCrowdChicago, June 12, 2024. This in-person event at the B&O Rail Museum features some of Chicago’s prominent citizens and community leaders, along with crowdfunding experts. Use the discount code “SuperCrowd” to save 30 percent!
SuperCrowdHour, April 24, 2024, at 1:00 Eastern. We’ll talk with Chip Hauss and other peacebuilders about the role of investment crowdfunding in community building.
Recently, we created an AI GPT to help you learn more about The Super Crowd, Inc., a public benefit corporation, and our upcoming events. Click here to try it.
SuperCrowd Community Event Calendar
If a location is not noted, the events below are virtual.
Incredible New Developments in the Move Your Money Movement, AMIBA, April 11.
Investment Crowdfunding Demystified, Crowdfund Better, April 23 at 2:00 PM ET
Move Your Money Month, April 2024, American Independent Business Alliance
Crowdfunding Professional Association Webinar, May 8, 2:00 PM ET
If you would like to submit an event for us to share with the 4,000+ members of the SuperCrowd, click here.
