About this raise: Doroni Aerospace, with a valuation of $159 million, is raising funds on StartEngine. The company has developed an Electric Vertical Takeoff and Landing Aircraft (eVTOL) that people can fly personally and park in their home garage. The aim of Doroni Aerospace is to make transportation faster, cheaper, safer, simpler, greener, and more efficient. Doroni Aerospace has already designed, built, tested, and lifted off the ground a prototype eVTOL. Doron Merdinger and Roman Antonov founded Doroni Aerospace in October 2021. The current crowdfunding campaign has a minimum target of $9,999.36 and a maximum target of $3,930,137.84. The campaign proceeds will be used to register and design patents, complete FAA certification, prepare for mass production, and deliver the first units.

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Investment Overview

Invested this round: $2,469,689

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
07/08/2022
Close Date
03/03/2023
Min. Goal
$9,999
Max. Goal
$3,930,138
Min. Investment

$350

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.48

Pre-Money Valuation

$158,756,020

Company & Team

Company

Year Founded
2021
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Coral Springs, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Doron Merdinger
Title
CEO
Founder Name
Roman Antonov
Title
Chief Aerodynamics & Mechanical Engineer

Financials

 Revenue
$0
 Monthly Burn
$6,519
 Runway
24+ months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-78,223

$-19,567

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$202,393

$0

Accounts Receivable

$0

$0

Total Assets

$257,362

$0

Short-Term Debt

$34,924

$0

Long-Term Debt

$0

$0

Total Liabilities

$34,924

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,064,002
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/14/2025 StartEngine $205,768,677 $256,821 Equity - Preferred Active RegCF
10/15/2024 StartEngine $196,888,494 $1,918,242 Equity - Preferred Funded RegCF
12/11/2023 StartEngine $162,052,436 $2,363,619 Equity - Preferred Funded RegCF
03/03/2023 StartEngine $158,756,020 $2,469,689 Equity - Preferred Funded RegCF
04/28/2022 StartEngine $14,000,000 $1,069,850 Equity - Common Funded RegCF
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Growth Charts

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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Add to portfolio
Doroni Aerospace on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $158,756,020
Price per Share: $2.48

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Follow Doroni Aerospace on StartEngine 2022

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Warning: according to the close date for this deal, Doroni Aerospace may no longer be accepting investments.

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