October 2025 Report: Resilience Returns to Reg CF

CHART OF THE WEEK

The crowdfunding market showed steady strength in October, raising $33.39M through Reg CF—the third consecutive month above the $30M mark—and another $20.7M via Reg A+. Compared to last October’s $24.17M, that’s a meaningful year-over-year gain despite macro uncertainty and a U.S. government shutdown. StartEngine ($9.7M) and Wefunder ($9.3M) traded the top spot again, while DealMaker Securities ($6.6M) continued its high-ticket dominance. Among campaigns, Mode Mobile ($4M), AtomBeam ($2.2M), and Epilog ($1M) led the Reg CF charts, while EnergyX ($8.9M) and Miso Robotics ($7.4M) topped Reg A+. Together, they demonstrate a market that’s not just rebounding—it’s stabilizing.

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EVENTS

Pacaso CEO Austin Allison on Reg A Investing and the Future of Luxury Real Estate

Pacaso Co-Founder & CEO Austin Allison joins Kingscrowd CEO Chris Lustrino to explore how fractional ownership is reshaping access to luxury real estate. Learn how Pacaso’s Reg A raise opened the door to everyday investors and what it signals for the future of property investing in our next alt investing webinar.

🗓️ Nov 19th, 1pm ET → Register now 👇

INSIDE STARTUP INVESTING

Stacy Spikes, MoviePass — Profitable Reboot & a Fantasy-Style Future

By Sam Fiske / Watch | Apple | Spotify


MoviePass 2.0 is here. Founder Stacy Spikes bought the brand back, posted profitable 2023 & 2024, and is rolling out Mogul, a fantasy-sports-style game designed to 10x ARPU vs. subs and drive mobile engagement. We unpack unit economics, state-by-state rules, and why theatrical still dominates out-of-home entertainment.

PITCH REVIEW 💸

By Teddy Lyons \ Deal Report

Brief: Shark Wheel has reinvented the traditional wheel with a patented design that lasts longer, handles rough terrain better, and requires less energy to operate. Its uniquely shaped wheels are used across industries, from farming and logistics to medical devices and skateboards. Featured on Shark Tank and major media outlets, Shark Wheel generated $9 million in revenue in 2023–2024 and is now raising up to $5 million to fund operations, R&D, inventory, and expansion.

Teddy’s Take: The invention of the wheel unlocked humanity’s greatest leaps, from horse-drawn chariots to steam engines, bicycles to automobiles. Its influence on transport, commerce and industry is unmatched. In any other circumstance, if someone told me they’d reinvented the wheel, I’d probably tell them to go pound sand.

But Shark Wheel may be onto something here. With investors like Mark Cuban and Kevin O’Leary backing the company on Shark Tank in 2015, the idea earned major attention with its fresh take on the modern wheel. After spending the better part of a decade in R&D mode, Shark Wheel has built real traction by selling its sine-wave wheels to the skateboarding community, where smoother rolling and better control over rough surfaces proved superior.

However, Shark Wheel has grown far beyond skateboards. In industrial printing and packaging, where long sheets of paper or film move continuously through machines for printing or coating, even small alignment issues can cause jams or wasted material. Shark Wheel’s wave-shaped design is now used on rollers inside these systems to guide the material smoothly, keep it centered, and reduce wrinkles or stretching. In agriculture, its wheel design is being used on centre-pivot irrigation systems and sprayer tractors, where the alternating motion prevents ruts and improves traction in soft soil. 

Shark Wheel is also pushing into consumer travel and sports markets. Its luggage and golf bag lines use the same wheel geometry to roll more smoothly over uneven terrain and curbs, adding stability and style. The company’s travel bags have gained retail traction and serve as another proof point for the wheel’s cross-industry adaptability. 

The use-cases are endless. But I still have my concerns. The company has gone ten years since its SharkTank investment, with revenue now declining and razor thin margins. However, if adoption can catch up with the R&D that went into developing this product over the last decade, Shark Wheel could provide a strong return. 

STAFF PICKS 🌶️

My Panda

By Teddy Lyons

Think TaskRabbit for your neighborhood: My Panda delivers vetted local assistants for home and life-tasks. The company has grown revenue by 525% since 2020, maintains an 85% retention rate, and is now raising to expand nationwide.

Westbound & Down

By Teddy Lyons

With $10M in annual revenue and a 2,800% distribution increase since 2019, Westbound & Down — 2025 Small Brewery of the Year at the Great American Beer Festival — is raising to expand capacity and keep pace with demand.

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