Over $8 Million Raised! 🎉 Discover This Week’s Impact Crowdfunding Success Stories
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Every Sunday, we bring you a roundup of the most successful impact 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 impact 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 Impact 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.
Syntensor
Platform: Republic
Security Type: SAFE
Target: $1 million
Total Raised: $4,213,579
Valuation: $20 million
Summary: Syntensor, founded in January 2019 by Clayton Rabideau and Rosie Higgins, is focused on improving drug development efficiency through AI-based systems that predict drug efficacy and toxicity. The proceeds from the campaign will go towards payroll, legal fees, and equipment. With partnerships with institutions like Stanford and the University of Michigan, this campaign exceeded its goal, raising over $4.2 million.
AJNA BioSciences
Platform: Wefunder
Security Type: Equity – Preferred
Target: $50,000
Total Raised: $1,293,286
Valuation: $40 million
Summary: AJNA BioSciences, founded in April 2021, develops FDA-approved drugs from botanical medicine to treat conditions like Autism Spectrum Disorder. Led by Joel Stanley and backed by top scientists from Harvard and NYU, the campaign raised $1.29 million, significantly surpassing its goal to fund drug development and lab expansion.
CityFreighter
Platform: Wefunder
Security Type: SAFE
Target: $50,000
Total Raised: $779,802
Valuation: $28 million
Summary: Founded in 2018 by Michael Schoening, CityFreighter produces electric trucks with modular designs that cut development costs. Funds raised are intended to be used for chassis design and operational costs. The company raised over $779,000, aiming to begin production in 2024.
Cadence OTC
Platform: Wefunder
Security Type: Convertible Note
Target: $100,000
Total Raised: $764,485
Valuation: $73 million
Summary: Cadence OTC, led by Samantha Miller, Nap Hosang, and Malcolm Potts, is on a mission to make over-the-counter birth control more accessible. The company is working with the FDA to enable a prescription-free pill and has an exclusive partnership with major U.S. healthcare distributors. The campaign raised $764,485 for its commercial launch.
Azure Printed Homes
Platform: Wefunder
Security Type: SAFE
Target: $50,000
Total Raised: $755,991
Valuation: $40 million
Summary: Azure Printed Homes, founded by Ross Maguire, Yuri Eidelman, and Gene Eidelman in 2022, aims to revolutionize housing construction by using recycled materials for 3D-printed homes. The company raised $755,991 to support R&D, hiring, and materials for additional units, having already secured $30 million in pre-orders.
Pingree Detroit
Platform: Honeycomb Credit
Security Type: Equity – Common
Target: $60,000
Total Raised: $123,750
Valuation: $1.6 million
Summary: Pingree Detroit, a design cooperative that uses upcycled leather from the auto industry, raised $123,750 to fund manufacturing and advertising. Founded by Jarret Schlaff in 2015, the company has generated $1.5 million in revenue and earned awards for its sustainable approach.
Patisserie Melanie
Platform: Honeycomb Credit
Security Type: Debt
Target: $60,000
Total Raised: $124,000
Summary: Patisserie Melanie, founded by Arthur Schwartz, is a French bakery in San Diego that raised $124,000 to upgrade its facilities and expand services. Known for its authentic culinary experience, the bakery has been featured in several regional magazines.
Tea’s Me Cafe
Platform: Honeycomb Credit
Security Type: Debt
Target: $60,000
Total Raised: $124,000
Summary: Tea’s Me Cafe, led by Tamika Catchings, is an Indianapolis-based tea cafe offering premium loose-leaf teas. The $124,000 raised will go toward marketing and workforce development as it expands its product offerings and opens two new kiosks.
FlutterPads
Platform: Wefunder
Security Type: Equity – Preferred
Target: $50,000
Total Raised: $91,422
Valuation: $25 million
Summary: FlutterPads, founded by Daniel Ameer and Alexander Veselov, is building an extended-stay rental marketplace. With $11 million in assets, the business raised $91,422 to fund its go-to-market strategy and new property acquisitions.
Creole Me Up
Platform: Honeycomb Credit
Security Type: Debt
Target: $45,000
Total Raised: $90,000
Summary: Creole Me Up is a Haitian food processing business based in Portland, Oregon, specializing in unique Haitian culinary products. Founded by Marie Dinvil in 2017, the company raised $90,000 to fund staffing and equipment purchases for its growing operations.
AlignerAI
Platform: StartEngine
Security Type: Convertible Note
Target: $15,000
Total Raised: $79,767
Valuation: $10 million
Summary: AlignerAI, founded by Dr. Anil Chowdhary, aims to enhance Aligner Therapy outcomes using AI. The company raised $79,767 for marketing and to complete product prototypes, preparing for its upcoming beta tests and patent finalization.
eNavvi
Platform: Wefunder
Security Type: SAFE
Target: $50,000
Total Raised: $76,555
Valuation: $7.5 million
Summary: eNavvi, led by Reddy Pathakota, created a prescription platform using AI-driven technologies for price transparency in medications. The company raised $76,555 to support its expansion, including partnerships with Wolters Kluwer and Cost Plus Drug Company.
Carina’s Bakery
Platform: Honeycomb Credit
Security Type: Debt
Target: $50,000
Total Raised: $50,961
Summary: Carina’s Bakery, founded by Carina Comer in 2015, is a Beaverton-based vegan bakery employing people with disabilities. The campaign raised $50,961 to fund new Retail space and equipment.
Evanly Bakes
Platform: Honeycomb Credit
Security Type: Debt
Target: $25,000
Total Raised: $48,240
Summary: Evanly Bakes, founded by Evan Morgan-Newpher in 2023, is a gourmet bakery in Pittsburgh known for its brownies and allergy-friendly options. The campaign raised $48,240 to purchase commercial kitchen equipment and a delivery vehicle.
19XX Channel Drop
Platform: GigaStar
Security Type: Revenue Share
Target: $5,000
Total Raised: $20,000
Summary: 19XX Channel Drop, a true-crime YouTube channel, raised $20,000 to expand its storytelling and increase its subscriber base. Founded by Andrew Amanga in 2024, the channel has 77,000 subscribers and 10 million video views.
These crowdfunding campaigns collectively raised over $8.63 million, showcasing innovative and impactful ventures across a range of industries. Each company’s unique business model and market potential were key contributors to their fundraising success.
Featured Founders on Superpowers for Good: Empowering Change through Innovation
Three inspiring founders from recent funded impact crowdfunding campaigns were featured on Superpowers for Good. Samantha Miller and Kate Voyten of Cadence OTC discussed their mission to make birth control more accessible with over-the-counter solutions. Jarret Schlaff, CEO of Pingree Detroit, shared how his worker-owned cooperative is creating sustainable jobs by upcycling leather waste. Carina Comer, founder of Carina’s Bakery, highlighted how her vegan bakery is empowering people with disabilities through inclusive Employment opportunities. These leaders are shaping industries while driving social impact. Check out their stories below to learn how these founders are making waves in their industries while driving positive social change.
Empowering Choice: Making Birth Control Accessible to All
Upcycling and Uplifting: Pingree Detroit’s Revolutionary Impact
Empowering People with Disabilities Through Carina’s Bakery
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 |
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
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!
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.
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/
