Startup investing can be either simple or hard, but it all starts with one basic question: what startup would you like to invest in? StartEngine makes this question a simple one as it offers 162 startups to invest in.
There are many investment criteria to help you choose startups to invest in. One can select from various industries like artificial intelligence, advertising and marketing, art, agriculture, and biotechnology, just to name a few. One can also choose startups that have either just launched their equity crowdfunding campaigns, will close their campaigns soon, have been among the most funded companies, or have gained the most momentum.
Due diligence when picking the best startups to invest in is always suggested. In this article, I present the seven newest startups to invest in. I believe investing early to expect high future returns after having measured the risk is one of the benefits of startup investing.
Best Startups: Myaderm
Myaderm is a company with a line of skincare and pain relief products with CBD to help you feel and look better. The company expects that the pain relief market will be a $3 billion market in the U.S. The skincare market is already an $18 billion market to explore.
The firm wants to revolutionize these markets. It sees the ability to use pharmaceutical technologies with CBD and other ingredients.
Myaderm has more than three years of sales through national retailers. It is notable that it is the only CBD brand sold through various national retailers that is Food and Drug Administration compliant. The products are based on proven pharmaceutical technologies that deliver both clear and fast-acting pain relief results.
The minimum investment in Myaderm on StartEngine is $250.
Hidrent
Hidrent is a digital marketplace that connects off-duty firefighters looking for extra work with people, local businesses, or communities that want jobs done. By hiring off-duty firefighters, you not only support these everyday heroes, but also help them supplement their income by allowing them to practice their skills.
This digital marketplace performs employment checks to ensure safety for everyone. There is a huge list of jobs available, such as furniture moving, hauling, hanging, smoke detector installation, and furniture assembly.
The business model is simple. The firm gets 20% of the total revenue on the jobs made. The U.S. on-demand home services market is currently a $600 billion market. There is already traction as there are more than 4,000 jobs completed across the U.S. The firm has generated more than $1 million in revenue since inception. Additionally, 35% of customers are making use of the marketplace more than once.
The minimum investment in Hidrent on StartEngine is $228.
Best Startups: FattE-Bikes
FattE-Bikes is a maker of electric bikes targeting the global e-bike market valued at $27 billion and is transforming electric transportation. The fast-growing e-bike market is expected to reach $60 billion by 2027.
FattE-Bikes is changing the game of buying e-bikes by making customizable e-bikes. There are more than 10,000 combinations to choose from to get your own unique e-bike built in the U.S. The concept to combine art with transportation is very appealing and a special way to commute.
These customizable e-bikes are ideal to meet your needs, interests, and the lifestyle you choose. The firm has a membership program that rewards customers for referrals, building a community of satisfied customers. The company has already produced $2 million of custom FattE-Bikes for individuals, businesses, and government organizations. The company plans include increasing distributions to 100 retail locations nationwide, focusing on scalability to meet demand.
The minimum investment in FattE-Bikes on StartEngine is $350.
Timeplast
Timeplasts solves the problem of plastic pollution by having developed a technology that is the first-ever patented replacement for fossil-based plastics and is ASTM certified for complete water dissolution.
The firm is redefining the plastic manufacturing market, which is a $579 billion market. This number is higher than the social media and smartphones markets combined. We live in a world full of plastic. These plastics not only pollute the environment, but are also bad for our health. Timeplast is a bio-based material that is highly versatile as it comes in three forms to meet the industry’s applications: crystals, small and large pellets.
Timeplast not only mimics plastic, but it can fully dissolve in water in 60 hours. The forms of revenue come from plastic substitution for a plastic-free world and from new applications in markets related to metal, paper and glass.
The company is a disruptor in the alternative packaging market, which is anticipated to reach $441 billion by 2028.
The minimum investment in Timeplast on StartEngine is $100.
Best Startups: Plover Animation
Plover Animation aims to be a key player in the metaverse, an industry that has a lot of potential, but is still in its infancy. There is a growing need for metaverse animators to generate content. As the metaverse industry grows and evolves, the animation industry has faced another problem: there is a severe lack of diversity and inclusivity in both content and staff.
Plover Animation addresses these problems by offering animation services especially for the metaverse marketplace. The firm not only plans to make digital art for non-fungible tokens (NFT), but also other assets, like characters, environments and animated films.
By targeting the metaverse marketplace that is expected to grow to $828.95 billion in 2028 and the global animation market that is anticipated to reach $587.1 billion by 2030, the potential for revenue generation is huge. The main goal is bold enough: the company wants to be a leader in the NFT animation studio industry, covering the needs of NFT collectors and blockchain companies.
The minimum investment in Plover Animation on StartEngine is $248.64.
Axxios
Axxios is developing a technology for the modern smart home by building an experience based on privacy, simplicity and ease of use. Having a smart home today should not be about downloading several apps to control and manage devices and functions. There should not be any complex protocols or interfaces required to work in harmony.
Axxios is building a smart home control ecosystem that is fully private. It uses speech recognition technology that does not rely on the cloud, where a breach of privacy is possible. The technology allows the homeowner to control of all of the home’s devices and provides a clever and smart lighting system that replaces lighting controls.
The smart home market is growing fast. Revenue of $90 billion in 2021 is expected to grow to $200 billion by 2027.
The minimum investment in Axxios on StartEngine is $499.50.
Best Startups: Statum Systems
Statum Systems is a smart communication platform for the healthcare industry with the goal of improving patient care. This is achieved by making medical communications easier, faster and more modern.
Today, with the advanced technology we have in any field, it is a pity for medical errors to occur due to communication errors. These errors can be detrimental to patient lives or health. The losses every year due to miscommunication can cost medical centers and hospitals nearly $11 billion.
Statum Systems has developed a platform for participants in the medical industry, such as hospital staff and clinicians, to communicate using a single device. This can be a smartphone, tablet, or a computer. The technology covers all types of communication ranging from voice, video and text.
The platform can integrate digital medical records, useful hospital directories and other notable medical center systems. This allows the sharing of key patient data, performing quick consultations and even running telemedicine visits.
The firm is offering the platform as a software-as-a-service subscription model and targets the global market for clinical communication and collaboration systems, which is expected to become a $5 billion market by 2027.
The minimum investment in Statum Systems on StartEngine is $249.60.
On the date of publication, Stavros Georgiadis, CFA did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
