Kingscrowd

About the offering

Kingscrowd aggregates, cleans, and standardizes 300+ data points from 100+ crowdfunding platforms, tracking over 10,000 startups across Reg CF and Reg A+. The platform offers ratings and analysis using industry-standard methodology but priced for everyday investors at $15/month. Key technology includes real-time data aggregation and screening tools, AI-powered analysis built on 7+ years of historical data, and custom-trained AI models that can write detailed research reports automatically. Business Model Kingscrowd operates three revenue streams plus an investment fund. First, they offer data subscriptions for retail investors (Edge subscription). Second, they provide institutional data licensing for universities and industry players (clients include the SEC, Notre Dame, USC, and Harvard). Third, they offer advisory services through CrowdCheck (acquired) for founders needing help with SEC filings and compliance for Reg CF, Reg A+, and Reg D offerings. Additionally, they operate Kingscrowd Capital, a $2M+ pre-seed fund that invests based on their own algorithmic ratings, generating 1% management fees and 10% carry. Traction The company reports $2.5M+ in booked sales for 2025, representing approximately 3x growth from roughly $700K the previous year. Important note: "Booked sales" includes the total value of signed customer contracts obligated to be paid (cash received plus contracted amounts), with portions recognized over time as revenue, deferred revenue, or accounts receivable depending on contract terms. Additional metrics include 1,000+ paying customers for premium data and tools, newsletter open rates of 60%+ (3x industry average), 7 completed strategic acquisitions (including Lustro and CrowdCheck), and $4.8M+ previously crowdfunded. Kingscrowd Capital has deployed $928K+ across 65 investments and raised $2.1M from 67 LPs. Team CEO Chris Lustrino founded Kingscrowd in 2018 with a background in private equity and venture-backed startups, and previously founded SIC (one of the first alt investing blogs, acquired in 2018). He is also Co-Founder and GP of Kingscrowd Capital. CTO Brian Belley is a seasoned tech leader with 220+ personal angel investments on platforms like StartEngine, founded Crowdwise (acquired by Kingscrowd in 2020), and serves on the Board of the CFPA. COO Peyton Meredith leads raisepapers operations serving intermediaries and founders. Competitive Position The company claims to track near 100% of crowdfunding deals in real-time with 7+ years of historical data. They highlight high barriers to entry given the time and investment required to build comprehensive datasets and regulatory knowledge. The offering materials reference industry competitors in the broader landscape without naming specific direct competitors. Use of Funds Planned allocation includes expanding sales and marketing capacity, rolling out additional subscription tiers, enhancing performance tracking tools, and integrating recent acquisitions into a unified advisory and data platform. Upcoming Products The roadmap includes new product launches focused on expanding platform capabilities, though specific details were not provided in the offering materials.

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