Deuce Drone

Deuce Drone

Early Stage

Deuce Drone designs, builds, and operates drone delivery systems, enabling same-day delivery for retailers.

Deuce Drone designs, builds, and operates drone delivery systems, enabling same-day delivery for retailers.

Overview

Raised this Round: Raised: $777,853

Total Commitments ($USD)

Platform

Netcapital

Start Date

05/21/2020

Close Date

04/30/2021

Min. Goal
$10,000
Max. Goal
$962,000
Min. Investment

$1

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$11,867,381

Year Founded

2019

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Boston, Massachusetts

Business Type

High Growth

Deuce Drone, with a post-money valuation of $12.8 million, is raising funds on NetCapital. The company designs, makes, and sells drone delivery systems to be used by retailers. It solves the last mile delivery problems reducing both costs and delivery time. Deuce Drone was founded by Blaine Holt and Rhett Ross in 2019. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $962,000, and the funds will be used towards engineering & development, marketing, and general and administrative expenses. Deuce Drone has already signed two revenue-generating contracts with retailers in the Southeast and has begun the authorization process to become a licensed air carrier. The company is led by an experienced management team and has a team of engineers from top engineering schools.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 05/21/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Deuce Drone 03/28/2022 StartEngine $16,671,587 $28,934 Equity - Common Funded RegCF
Deuce Drone 04/29/2021 Netcapital $11,867,381 $777,853 Equity - Common Funded RegCF
Deuce Drone 05/04/2020 Netcapital $4,200,000 $107,000 Equity - Common Funded RegCF
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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.

Valuation History

Price per Share History

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

Employee History

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Deuce Drone on Netcapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $11,867,381
Price per Share: $1.00

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