CubCrafters

CubCrafters

Growth Stage

Changing the Landscape of Backcountry Aviation

Changing the Landscape of Backcountry Aviation

Overview

Raised to Date: Raised: $3,478,456

Platform

Manhattan Street Capital

Start Date

11/02/2022

Close Date

Not Provided

Min. Goal
$398
Max. Goal
$54,182,043
Min. Investment

$398

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$5.45

Pre-Money Valuation

$150,000,000

Year Founded

1986

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Yakima, Washington

Business Type

Growth

CubCrafters is raising funds independently through Reg A+ crowdfunding. It is the largest adventure aircraft manufacturer in the world. The company is changing the landscape of backcountry aviation with its superior quality, independent thinking, and industry-leading innovation. CubCrafters has won FAA approval and has an innovative builder-assist program where the company’s personnel guide their customers from fabrication to completion. Patrick Horgan and Bradley Damm founded CubCrafters in 1986. The current crowdfunding campaign has a maximum target of $50 million. The campaign proceeds will be used for research and development, manufacturing modernization, growth expansion, scaling of operations to demand, and working capital.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
CubCrafters 04/29/2024 Title3Funds $150,000,000 $478,845 Equity - Preferred Active RegCF
CubCrafters 01/28/2024 Manhattan Street Capital $150,000,000 $3,478,456 Equity - Preferred Funded RegA+
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Funding data not publicly available

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CubCrafters on Self Managed 2022
Platform: Manhattan Street Capital
Security Type: Equity - Preferred
Valuation: $150,000,000
Price per Share: $5.45

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