Since 2016, the company has facilitated more than $ 150 million in financing. There are also over 800,000 investors on the platform.
The CEO and co-founder of Republic is Kendrick Nguyen, who immigrated from Vietnam to become a securities lawyer in the U.S. But through that experience, he saw the challenges entrepreneurs had in securing financial support. . He believed that an online platform would help level the playing field.
Equity crowdfunding transactions are structured as SAFE (Simple Agreement for Future Equity) instruments. This means that the allocation of equity is based on a trigger event, such as an acquisition, an IPO (IPO) or subsequent funding. A typical transaction has a minimum investment of $ 100.
So what are some of the interesting startups to invest in? Let’s take a look at these six:
Dental OTIS
Moku Foods
Procertas
Trusst
Techtracker
Snailz
Dental OTIS
Bruxism is a stressful condition when people clench and grind their teeth, usually during sleep. This can ultimately damage a person’s teeth and jaw. Consider that 30 to 40 million people in the United States suffer from bruxism. One approach to solving this problem is to create a night watchman. But such a device can be expensive and wear out over time.
So what else can we do? OTIS Dental has an alternative. This startup has created a personalized night watch that is affordable, but still has the quality of one developed by a dentist.
Here’s how it works: OTIS will send a kit to a customer, who will then make an impression of their mouth. He will then return it to the company in a prepaid envelope. A few days later, a night watchman will come by post.
The company has several subscription plans, which provide replacements every four, six or twelve months. As for revenues, they have increased by 20X in one year (but no figures have been provided). There is also retail distribution with Target (NYSE: TGT) and Walgreens Boots Alliance (NASDAQ: WBA).
The founder has personally invested over $ 150,000 of his own money in OTIS Dental. As for the equity crowdfunding round, it raised over $ 71,000 from 209 investors and the valuation is $ 8 million.
Moku Foods
The vegetables and fruits are scattered on a white background.
Source: Shutterstock
The last decade has seen a revolution in plant-based foods that taste and look like meat. While a major reason for this is the interest in better health, emphasis has also been placed on the environment and the humane treatment of animals.
So yes, for one of the startups to invest in on Republic, there is an offer for this category: Moku Foods. The company is the developer of jerky, which is made from mushrooms. This is the result of a partnership with a great herbal chef.
Moku Foods Jerky has three flavors, which include Hawaiian Teriyaki, Original, and Sweet & Spicy. There are only 170 calories per bag and there is no GMO or gluten.
In addition, the project is to launch early this year. The go-to-market strategy is to sell the jerky on Amazon (NASDAQ: AMZN), Thrive Market, and mokufoods.com. The company estimates sales will reach $ 1.3 million in the first year and $ 25 million in the fourth year.
As for the equity crowdfunding campaign, the company has raised over $ 353,000 from 599 investors and the valuation is $ 8 million.
Procertas
hands typing on a computer keyboard under a computer screen
Source: Shutterstock
Raising and retraining are major challenges for employers. This is especially the case for common office technologies such as Microsoft (NASDAQ: MSFT) Office, Salesforce Customer Relationship Management Platform (NYSE: CRM), etc.
How to solve this problem? Procertas believes that the best approach is to take advantage of e-learning. To this end, the company has created the Legal Technology Assessment (LTA). It assesses and identifies skill gaps of legal associates and law students.
But this is only the beginning. Procertas will soon launch its Basic Desktop Technology Assessment (BOTA), which has broader appeal.
Since 2017, the company has integrated more than 80 schools – such as Yale Law School and Northwestern University – and 40 companies like Oracle (NYSE: ORCL) and NetApp (NASDAQ: NTAP). Over 18,000 people used the system and total sales exceeded $ 650,000. These impressive numbers make them an easy choice for my list of startups to invest in.
The company has raised more than $ 42,000 from nearly 123 investors, and the valuation is $ 10 million.
