Over $5 Million Raised! 🎉 Discover This Week’s Crowdfunding Success Stories
I’m not a financial advisor; Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions.
When you purchase an item, launch a campaign or invest after clicking a link here, we may earn a commission. Engage to support our work.
You can advertise in Superpowers for Good. Click to learn more.
Every Sunday, we bring you a roundup of the most successful Crowdfunding campaigns that have achieved their funding goals. Join us to celebrate the impact and Innovation that these ventures have brought to life. To make sure you never miss an update, move our emails to your Primary inbox in Gmail or mark them as ‘Not Spam’ in other email services.
Spotlight on Success: Key Campaigns
We’re thrilled to present a curated list of recently successful regulated investment crowdfunding campaigns. These initiatives have set new benchmarks in their respective fields and demonstrate the power of community support.
In-Depth Success Highlights of Crowdfunding Campaigns
In the dynamic world of crowdfunding, certain offerings capture the imagination and investment of the public, leading to exceptional funding achievements. Below, we provide a quick analysis of the campaigns, each with a unique mission and a compelling success story. These ventures, spanning various industries, showcase innovation, community engagement, and social impact, making them stand out.
Fathom Video – AI-Powered Notetaking Platform
Platform: Wefunder
Total Raised: $2,078,613 (Funded)
Valuation: $73 million
Summary: Fathom Video’s successful crowdfunding campaign reflects the increasing demand for AI solutions, particularly in automating tasks like note-taking. The company’s AI-powered platform, integrated with Zoom and HubSpot, automates real-time transcription and summary of virtual meetings. Its 77x revenue Growth in 2022 demonstrates strong market fit and adoption. The funds raised will support scaling the platform with more engineering and staff hires.
Use of Funds: Additional engineering hires, company-wide staffing.
Frost Giant – Next-Gen PC Game Developer
Platform: StartEngine
Total Raised: $1,195,862 (Funded)
Valuation: $150.06 million
Summary: Frost Giant raised over $1.1 million to redefine PC real-time strategy (RTS) games with its upcoming game, Stormgate. With innovative Technology, SnowPlay, Frost Giant is setting itself apart in the gaming world. With a launch planned for Q3 2024, the successful campaign demonstrates strong anticipation for the game within the RTS community.
Use of Funds: Employment, marketing, and operating capital.
Valo – Revolutionizing Water Transportation with Hydrofoil Technology
Platform: Wefunder
Total Raised: $376,422 (Funded)
Valuation: $50 million
Summary: Valo is transforming water transportation with its hydrofoil electric vessels, and their $376K raise on Wefunder supports this bold mission. With $3.5 million in pre-sales and $124 million in letters of intent from major firms, Valo’s innovative technology has captured investor interest. Funds are directed toward expanding their manufacturing and engineering capabilities.
Use of Funds: Tooling, R&D, mechanical engineering, salaries, and marketing.
Moonstone Nutrition – Kidney Health Innovator
Platform: StartEngine
Total Raised: $294,437 (Funded)
Valuation: $30.02 million
Summary: Moonstone Nutrition’s OTC solution for preventing kidney stones garnered over $294K in crowdfunding. The company’s science-backed Stone Stopper product, created by renowned doctors, is making waves with its innovative alkali citrate formula in various formats (capsules, gummies, drinks). The company’s successful campaign reflects the growing demand for health solutions with scientific validation.
Use of Funds: Marketing, R&D, sales, distribution, and general expenses.
LPPFusion – Clean Fusion Energy Innovator
Platform: Wefunder
Total Raised: $236,288 (Funded)
Valuation: $74.3 million
Summary: LPPFusion raised over $236K to continue developing fusion energy technology, aiming to recreate the power of the sun on Earth. The technology’s safety, clean energy production, and cost-effectiveness have attracted investors. The company is on a mission to make fusion energy a viable alternative to fossil fuels.
Use of Funds: New equipment, personnel, operating expenses, and engineering development.
Candlelite Chicago – Iconic Pizza Brand
Platform: StartEngine
Total Raised: $212,439 (Funded)
Valuation: $5 million
Summary: Candlelite Chicago, famous for its tavern-style pizzas, successfully raised $212K to expand into frozen pizza distribution nationwide. With $1.5 million in sales in 2023 and the launch of a six-SKU frozen pizza line, Candlelite continues to dominate the Chicago pizza scene while branching out into the national market.
Use of Funds: R&D, inventory, employment, and working capital.
Renegade Running – Community-Focused Sports Goods Retailer
Platform: SMBX
Total Raised: $204,760 (Funded)
Valuation: N/A
Summary: Renegade Running raised over $204K to support its mission of creating a more inclusive and community-driven running ecosystem. With a physical Retail space in Oakland and a plan to open a second location in Los Angeles, the company is bringing together athletes from all walks of life.
Use of Funds: Opening a second location, financial review.
Reental – Tokenized Real Estate Platform
Platform: Republic
Total Raised: $202,725 (Funded)
Valuation: $42 million
Summary: Reental raised over $202K to disrupt Real Estate investment with its platform for tokenized real Estate. With 57 projects and a user base spanning 78 countries, Reental is leading the way in providing passive income opportunities in real estate through personalized, monthly investments.
Use of Funds: Growth and expansion.
American Homeowner Preservation (AHP) – Mortgage Loan Solutions
Platform: Invown
Total Raised: $160,000 (Funded)
Valuation: N/A
Summary: AHP raised $160K to buy and resolve distressed first mortgage loans, modifying them to make them affordable for homeowners. AHP’s mission aligns with the social need to prevent foreclosures and offer financial relief for struggling homeowners.
Use of Funds: Salaries, legal fees, accounting, trustee fees.
Savory Crust – Filipino Empanadas
Platform: Honeycomb Credit
Total Raised: $107,111 (Funded)
Valuation: N/A
Summary: Chicago-based Savory Crust raised over $107K to expand its business, which includes a food truck and two locations specializing in Filipino empanadas. The funding supports growth initiatives, including a new truck and kitchen upgrades to meet growing demand for its award-winning food.
Use of Funds: Leasing/purchasing a food truck, equipment upgrades, uniform upgrades, and debt refinancing.
b0arding.com – Immersive Travel Booking Platform
Platform: StartEngine
Total Raised: $86,000 (Funded)
Valuation: $9.52 million
Summary: b0arding.com raised $86K to continue developing its immersive Travel booking platform. With its partnerships with Google and Booking.com, the platform has modernized travel booking for a younger generation, growing its database to include over 2 million hotels and generating $1 million in revenue.
Use of Funds: R&D, inventory, employment, working capital.
Vroom Solar – DIY Solar Energy Kits
Platform: StartEngine
Total Raised: $86,066 (Funded)
Valuation: $15 million
Summary: Vroom Solar raised over $86K to develop its off-grid, DIY solar energy kits. The kits promise to produce 5 to 10 times more energy than traditional portable battery systems, positioning the company as a leader in the DIY solar energy market.
Use of Funds: R&D, operations, working capital, and inventory.
24 HR Truck Services – Auto Repair and Maintenance
Platform: SMBX
Total Raised: $50,000 (Funded)
Valuation: N/A
Summary: 24 HR Truck Services, a trusted name in East Windsor, NJ, provides auto repair and maintenance with a focus on supporting truck drivers, fleets, and mechanics through innovative mobile applications and dashboard integrations. The company ensures that independent truck drivers are not stranded on roads by offering real-time access to repair services. Founded by Aaron Swan in 2018, the company reached its maximum funding goal of $50K, which will be used to expand marketing and promotions, enabling the business to acquire new clients and grow its presence in the transportation industry.
Use of Funds: Marketing and promotion to acquire new business.
Hubert Lee Channel Drop – YouTube Content Creator
Platform: GigaStar
Total Raised: $110,000 (Funded)
Valuation: $440,000
Summary: Hubert Lee Channel Drop, a highly popular YouTube channel with 1.39 million subscribers and over 500 million views, specializes in creating humorous videos based on current news. Founded by Hubert Lee in July 2024, the channel rapidly gained traction due to its relatable and entertaining content. The crowdfunding campaign raised its maximum target of $110K, which will help expand the channel’s reach and production quality, allowing it to create more engaging content. The funds will be allocated toward video production, marketing, and growing the subscriber base.
Use of Funds: Growth of the channel through improved video production and marketing efforts.
Dah Dah Creative Play – Art Studio
Platform: Honeycomb
Total Raised: $30,000 (Funded)
Valuation: N/A
Summary: Dah Dah Creative Play, based in Pittsburgh, PA, is an innovative art studio offering play-based art experiences for both children and adults. Founded in 2023 by Nadia Wojcik, the studio hosts dynamic classes, camps, and events designed to inspire creativity and foster inclusivity. The company successfully reached its $30K funding goal, which will go toward enhancing its studio facilities, including new flooring, seating, shelving, and technology. The funds will also support operational expenses, helping the studio continue providing its unique and imaginative art experiences to the community.
Use of Funds: Flooring, seating, shelving, technology, and operational expenses.
Daylily Coffee – Specialty Coffee Roaster
Platform: Honeycomb
Total Raised: $50,000 (Funded)
Valuation: N/A
Summary: Daylily Coffee, a specialty coffee roaster in South Dakota, emphasizes celebrating the craftsmanship behind every bean it roasts. Founded by Ariana Vandersnick in 2022, the company serves both retail and wholesale customers, offering some of the finest coffees from around the world. The business raised its maximum goal of $50K, which will be used to consolidate buildout bills, purchase green coffee, and invest in final equipment. With these resources, Daylily Coffee will expand its operations and marketing efforts, ensuring continued growth in both wholesale and retail sectors.
Use of Funds: Buildout bill consolidation, purchasing green coffee, final equipment, marketing, and staffing.
The Brooklyneer – Brewery and Eatery
Platform: SMBX
Total Raised: $50,000 (Funded)
Valuation: N/A
Summary: The Brooklyneer, a popular brewery located in Manhattan, brings the authentic taste of Brooklyn to its loyal customers. Founded in 2009 by Juan Gomez, William Waite, and Neena Dutta, the brewery offers local beer, food, and craft cocktails in a vibrant setting. The business raised its maximum target of $50K through its crowdfunding campaign, allowing it to invest in marketing and branding efforts aimed at attracting a new generation of New Yorkers and expanding its customer base.
Use of Funds: Marketing and branding to reach new customers.
These successful crowdfunding campaigns illustrate the diversity and innovation present in today’s market. From ethical fashion and artisanal spirits to groundbreaking fintech and AI-driven solutions, these campaigns have not only met but exceeded their funding targets, signaling strong investor confidence and market potential. Each of these ventures is poised for growth, driven by a clear value proposition, strategic planning, and a deep understanding of their respective markets.
As these companies continue to grow and evolve, they serve as a testament to the power of impact crowdfunding in democratizing investment opportunities and supporting the next generation of entrepreneurs and innovators.
Explore Investment Opportunities with Social Impact
Interested in Investing with a social impact? We post weekly updates on exciting impact deals every Monday. Never miss out—be sure to check our Newsletter to stay updated on the latest opportunities and success stories.
Max-Impact Members
The following Max-Impact Members provide valuable financial support to keep us operating:
Carol Fineagan, Independent Consultant | Lory Moore, Lory Moore Law | Marcia Brinton, High Desert Gear | Ralf Mandt, Next Pitch | Sheryle Gilihan, CauseLabs
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
Superpowers for Good Live Pitch, September 25, 2024. The Live Pitch will stream simultaneously to the e360tv network, Facebook, Linkedin, YouTube and Superpowers for Good. We hope for an audience of thousands! Watch the pitch and invest in the best!
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on October 15, 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. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.
SuperCrowdHour, October 16, 2024, at 1:00 PM Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At October’s webinar, Devin Thorpe will provide an in-depth answer to the question, “How to Assess Your Crowd’s Potential for Investing?” Free to attend.
SuperCrowd Mastermind Group, twice monthly on the 1st and 3rd Thursdays at noon Eastern. This group is for entrepreneurs and small business owners interested in raising Money from the crowd. Attend your first meeting free!
Community Event Calendar
Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET – Click on Events
Community Revitalization, Thursdays, 10:00 AM Eastern.
Community Capital Alternatives for Outdoor Recreation Challenges, Kathleen Minogue of Crowdfund Better speaking at American Trails, October 3, 10:00 AM, free.
Main Street Skowhegan and NC3 Entrepreneur Finance Workshop Series, September 17 – November 19, 2023.
Krishi Janani PBC Crowdfunding Virtual Office Hour, Sep 21, 2024, Noon Eastern.
Investment Week 24, October 19-20, 2024, Los Angeles.
Crowdfunding Professional Association, Summit in DC, October 22-23
If you would like to submit an event for us to share with the 8,000+ members of the SuperCrowd, click here.
We utilized AI to efficiently gather data and analyze key success factors, enabling us to deliver an overview of these successful crowdfunding campaigns.
Originally Published on https://www.superpowers4good.com/
