Elroy Air Overview

  • Founded

  • 2016

Founded
  • Status

  • Private

  • Employees

  • 72

Employees
  • Latest Deal Type

  • Series A

  • (In Progress)
  • Investors

  • 38

Elroy Air General Information

Description

Developer of autonomous vertical-takeoff-and-landing aircraft designed to serve the middle mile in the commercial shipping, defense, and humanitarian logistics sectors. The company's delivery drones are roughly the size of a small helicopter and are designed to pick up a modular pod loaded with 300-500 pounds of cargo and fly it a distance of up 300 miles, enabling users to expand B2B express delivery options, providing immediate humanitarian aid and relief in regions with challenging infrastructure, and enabling rapid autonomous resupply for troops in the field at a cost and environmental impact lower than today's airplanes.

Contact Information

Website
www.elroyair.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Aerospace and Defense
Other Industries
Other Commercial Services
Primary Office
  • 415 East Grand Avenue
  • Suite 201
  • San Francisco, CA 94080
  • United States
+1 (415) 000-0000

Elroy Air Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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Elroy Air Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series A) 10-Jun-2022 000.00 In Progress Generating Revenue
5. Later Stage VC (Series AA) 04-Aug-2021 0000 000.00 00000 Completed Generating Revenue
4. Debt - PPP 29-Jun-2020 000.00 Completed Generating Revenue
3. Early Stage VC (Series A) 07-Apr-2020 000 000.00 000.00 Completed Generating Revenue
2. Seed Round 13-Feb-2019 $9.2M $9.2M 000.00 Completed Generating Revenue
1. Accelerator/Incubator 01-Jan-2019 Completed Startup
To view Elroy Air’s complete valuation and funding history, request access »

Elroy Air Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series AA-3 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series AA-2 00,000 00.000000 00.00 00.00 00 00.00 0.000
Series AA-1 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series AA 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A2 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A1 0,000,000 00.000000 00.00 00.00 00 00.00 000
Seed-3 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Seed-2 000,000 00.000000 00.00 00.00 00 00.00 0.00
Seed-1 355,239 $0.000100 $1.41 $1.41 1x $1.33 1.2%
Seed 2,900,986 $0.000100 $2.09 $2.09 1x $1.76 11.04%
To view Elroy Air’s complete cap table history, request access »

Elroy Air Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of autonomous vertical-takeoff-and-landing aircraft designed to serve the middle mile in the commercial shippi
Aerospace and Defense
San Francisco, CA
72 As of 2023
000.00
00000000000 000.00

000000

ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea
00000 00000000
Daytona Beach, FL
00 As of 0000
0000
0000000000 0000

00000

sse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat no
000000000 000 000000
San Francisco, CA
000 As of 0000
0000
0000000000 0 0000
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Elroy Air Competitors (15)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Censys Technologies Venture Capital-Backed Daytona Beach, FL 00 0000 0000000000 0000
00000 Venture Capital-Backed San Francisco, CA 000 0000 0000000000 0 0000
0000000000 Venture Capital-Backed Bruchsal, Germany 000 00.000 00000000000 00.000
0000 Accelerator/Incubator Backed Mountain View, CA 000000000000
0000000 Venture Capital-Backed Tel Aviv, Israel 00 0000 00000000000 0000
You’re viewing 5 of 15 competitors. Get the full list »

Elroy Air Patents

  • 28

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 9

    Granted

  • 4

    Pending

  • 000

    Expiring in next 12 mo

Elroy Air Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230034316-A1 Hybrid evtol power system Pending 29-Jul-2021 000000000
US-D966148-S1 Transportable unmanned cargo delivery aircraft Active 08-Feb-2021 0
US-D966147-S1 Unmanned cargo delivery aircraft Active 08-Feb-2021 0
US-D966145-S1 Unmanned cargo delivery aircraft Active 22-Jan-2021 0
US-D966146-S1 Transportable unmanned cargo delivery aircraft Active 22-Jan-2021 0
To view Elroy Air’s complete patent history, request access »

Elroy Air Executive Team (5)

Name Title Board Seat Contact Info
David Merrill Ph.D Co-Founder, Chief Executive Officer & Board Member
Clinton Cope Co-Founder, President & Board Member
Grant Newman Chief Financial Officer
Jonathan Wakenshaw Chief Operating Officer
Rachel Sheinbein Advisor
To view Elroy Air’s complete executive team members history, request access »

Elroy Air Board Members (3)

Name Representing Role Since
Clinton Cope Elroy Air Co-Founder, President & Board Member 000 0000
Darren Liccardo Catapult Ventures (Los Altos) Board Member 000 0000
David Merrill Ph.D Elroy Air Co-Founder, Chief Executive Officer & Board Member 000 0000
To view Elroy Air’s complete board members history, request access »

Elroy Air Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Elroy Air Investors (38)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Bossanova Investimentos Venture Capital Minority 000 0000 000000 0
Brian Ellerman Angel (individual) Minority 000 0000 000000 0
Cliffs Ventures Venture Capital Minority 000 0000 000000 0
Creative Capital Venture Capital Minority 000 0000 000000 0
Duro Ventures Venture Capital Minority 000 0000 000000 0
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