bluShift Aerospace

Early Stage

World's 1st Uber-like, Biofuel Powered, Dedicated Small Space Launch Service

Analytics

Raised to Date: Raised: $1,071,359

Aggregate Commitments $

Platform

Wefunder

Start Date

11/01/2021

Close Date

04/05/2022

Min. Goal

$50,000

Max. Goal

$4,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$18,000,000

Discount Rate

10%

Rolling Commitments $

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal

2,143%

% of Max. Goal

27%

Likelihood of Max
Funded
Avg. Daily Raise

$6,912

# of Investors

1,263

Momentum
Funded
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Location

Brunswick, Maine

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Growth

bluShift Aerospace, with a valuation cap of $18 million, is raising funds on Wefunder. It is a commercial rocket company that uses earth-responsible, carbon-neutral, and bio-derived fuel to provide space launch services. The company works as an Uber to space with its suborbital and orbital launch services. bluShift Aerospace is expected to be cash-flow positive in four years and increase its net margin to 50% in seven years. Sascha Deri founded bluShift Aerospace in 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4,000,000. The campaign proceeds will be used for labor expenses, materials and licensing costs, R&D, and operating expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$135,281

$106,509

COGS

$303,544

$140,764

Tax

$0

$0

 

 

Net Income

$-267,508

$-56,870

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,835

$40,623

Accounts Receivable

$0

$0

Total Assets

$12,376

$41,456

Short-Term Debt

$21,309

$22,505

Long-Term Debt

$92,929

$0

Total Liabilities

$114,238

$22,505

Financials as of: 11/01/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
bluShift Aerospace 04/30/2023 Wefunder $20,000,000 $210,146 SAFE Active RegCF
bluShift Aerospace 04/05/2022 Wefunder $18,000,000 $1,071,359 SAFE Funded RegCF
bluShift Aerospace 09/07/2021 Wefunder $18,000,000 $782,609 SAFE Funded RegCF
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bluShift Aerospace on Wefunder 2021
$
Platform: Wefunder
Security Type: SAFE
Valuation: $18,000,000
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