CounterDrone

CounterDrone

Open  for investment

About this raise: CounterDrone, with a valuation of $5.04 million, is raising funds on StartEngine. The company has developed a drone-agnostic multi-UAV docking station, OmniDock. OmniDock is weatherproof and climate-controlled, supports a range of autonomous operations, and helps to maximize drone deployment efficiency. The business is certified for Beyond Visual Line of Sight operations in the US and Australia and plans to expand operational capabilities with approval for launch and recovery without a person on-site. Shaun Jafarian founded CounterDrone in February 2021. The current crowdfunding campaign has a minimum target of $123,999.72 and a maximum target of $1.24 million. The campaign proceeds will be used for inventory, working capital, and marketing.

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Investment Overview

Committed this round: $90,056

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
12/03/2024
Close Date
03/03/2025
Min. Goal
$124,000
Max. Goal
$1,235,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.52

Pre-Money Valuation

$5,044,000

Company & Team

Company

Year Founded
2021
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
West Jordan, Utah
Business Type
High Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Shaun Jafarian
Title
CEO

Financials

as of November 1, 2024
 Revenue
$291,730
 Monthly Burn
$29,000
 Runway
5.3 months
Gross Margin
63%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$291,730

$0

COGS

$106,879

$33,486

Tax

$0

$0

 

 

Net Income

$-79,719

$-201,123

Summary Balance Sheet

FY 2023 FY 2022

Cash

$99,189

$34,305

Accounts Receivable

$0

$0

Total Assets

$136,807

$41,309

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/03/2025 StartEngine $5,044,000 $90,056 Equity - Common Active RegCF
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Add to portfolio
CounterDrone on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,044,000
Price per Share: $0.52

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Follow CounterDrone on StartEngine 2024

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