About this raise

Doroni Aerospace, with a valuation of $162.05 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 garages. Doroni Aerospace’s aim is to make transportation faster, cheaper, safer, simpler, greener, and more efficient. The company has already designed, built, tested, and lifted off the ground a prototype eVTOL and is in the pre-revenue stage. 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 $1.2 million. The campaign proceeds will be used for research and development, company employment, and marketing.

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Investment Overview

Invested this round: $2,363,619

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
07/12/2023
Close Date
12/11/2023
Min. Goal
$9,999
Max Goal
$2,846,115
Min. Investment

$501

Security Type

Equity - Preferred

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.48

Pre-Money Valuation

$162,052,436

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
15
Prior Founder Exits?
No
Founder Name
Doron Merdinger
Title
CEO
Founder Name
Roman Antonov
Title
Chief Aerodynamics & Mechanical Engineer

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$196,378
 Runway
2 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,356,539

$-78,223

Summary Balance Sheet

FY 2022 FY 2021

Cash

$395,418

$202,394

Accounts Receivable

$0

$0

Total Assets

$1,369,961

$257,363

Short-Term Debt

$254,902

$34,924

Long-Term Debt

$464,182

$0

Total Liabilities

$719,084

$34,924

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$3,600,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/27/2025 StartEngine $205,768,677 $872,861 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 2023
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $162,052,436
Price per Share: $2.48

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Follow Doroni Aerospace on StartEngine 2023

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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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