KingsCrowd, a San Francisco, CA-based independent ratings and analytics service for the online private securities markets, raised approx. $1m in funding.
The capital raise was conducted on Boston-based Netcapital, a private securities platform that connects investors and entrepreneurs to help private companies grow.
Led by Chris Lustrino, CEO, KingsCrowd is working to build a comprehensive database of private companies rated across key metrics, including market size, founder experience, business model, product or service differentiators and terms of the deal. These metrics are augmented by financial and operating data required to be filed by the SEC.
The company is looking to service both individual investors and investment professionals such as registered investment advisors, family offices and wealth advisors.
KingsCrowd is a ValueSetters, Inc. (OTC: VSTR) portfolio company.