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 to Date: Raised: $28,934

Total Commitments ($USD)

Platform

StartEngine

Start Date

09/30/2021

Close Date

03/29/2022

Min. Goal
$10,000
Max. Goal
$4,022,400
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$16,671,587

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/02/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$162

# of Investors

32

Momentum
Funded
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Year Founded

2019

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Boston, Massachusetts

Business Type

Growth

Deuce Drone, with a valuation of $16.7 million, is raising funds on StartEngine. 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 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. Blaine Holt and Rhett Ross founded Deuce Drone in 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4,022,400. The campaign proceeds will be used to complete the regulatory process.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,000

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-556,653

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$81,407

$0

Accounts Receivable

$0

$0

Total Assets

$121,204

$0

Short-Term Debt

$87,028

$0

Long-Term Debt

$0

$0

Total Liabilities

$87,028

$0

Financials as of: 09/30/2021
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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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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

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Deuce Drone on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $16,671,587
Price per Share: $1.00

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