DRONEDEK

DRONEDEK

Growth Stage

The Safe, Secure, Smart Mailbox for the New Age of Delivery!

The Safe, Secure, Smart Mailbox for the New Age of Delivery!

Overview

Raised to Date: Raised: $1,293,077

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/03/2022

Close Date

07/06/2023

Min. Goal
$9,999
Max. Goal
$4,999,999
Min. Investment

$280

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.80

Pre-Money Valuation

$330,689,859

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/30/2023

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

$4,702

# of Investors

421

Momentum
Funded
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Year Founded

2020

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Indianapolis, Indiana

Business Type

Growth

Company Website

DRONEDEK, with a valuation of $331 million, is raising funds on StartEngine. The company works as a platform for safe, patented, and smart drone delivery. The platform is app-driven and is used to ship and receive food, parcels, medicines, and beverages. DRONEDEK has exclusive patent rights in the US for secured drone delivery with 102 filed claims. The business will secure packages with a motorized locking door, cushioned platform, and weatherproof insulation. Dan O’Toole founded DRONEDEK in April 2020. The current crowdfunding campaign has a minimum target of $9,998.80 and a maximum target of $4,999,999.20. The campaign proceeds will be used to establish strategic partnerships and grow.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$27,713

$1,260

 

 

Net Income

$-1,526,753

$-146,153

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,677,012

$276,876

Accounts Receivable

$0

$0

Total Assets

$3,208,894

$418,702

Short-Term Debt

$49,392

$109,650

Long-Term Debt

$0

$0

Total Liabilities

$49,392

$109,650
Financials as of: 10/03/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Arrive 04/28/2024 PicMii $365,088,137 $1,455,526 Equity - Common Active RegCF
DRONEDEK 07/05/2023 StartEngine $330,689,859 $1,293,077 Equity - Common Funded RegCF
DRONEDEK Corporation 08/30/2021 Wefunder $123,000,000 $3,574,629 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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DRONEDEK on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $330,689,859
Price per Share: $2.80

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