DRONEDEK

Growth Stage

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

Overview

Raised to Date: Raised: $482,011

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/04/2022

Close Date

03/06/2023

Min. Goal

$9,999

Max. Goal

$4,999,999

Min. Investment

$280

Security Type

Equity - Common

Series

Series A

Funding Type

RegCF

Price Per Share

$2.80

Pre-Money Valuation

$330,689,859

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/01/2023

Days Remaining

33

% of Min. Goal

4,821%

% of Max. Goal

10%

Likelihood of Max
unlikely
Avg. Daily Raise

$4,017

# of Investors

290

Momentum
cold.svg
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Location

Indianapolis, Indiana

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

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: 10/04/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
DRONEDEK 03/06/2023 StartEngine $330,689,859 $482,011 Equity - Common Active RegCF
DRONEDEK Corporation 08/31/2021 Wefunder $123,000,000 $3,574,629 Equity - Common Funded RegCF
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DRONEDEK on StartEngine 2022
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $330,689,859
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