Ecuatoriana Airlines

Ecuatoriana Airlines

Open  for investment

About this raise: Ecuatoriana Airlines, with a valuation of $13.5 million, is raising funds on Wefunder. It is a flagship airline carrier for all of Ecuador and beyond. Ecuatoriana Airlines will offer service to all 14 destinations within Ecuador and bring about dependable transportation for both Ecuadorian residents and tourists. The airline utilizes a hybrid low-cost full-service business model and has an investment contract with the Ecuadorian government. Eduardo Delgado Martillo founded Ecuatoriana Airlines in January 2024. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $123,999. The campaign proceeds will be used for fleet, admin costs, operational costs, staffing, and training.

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Investment Overview

Committed this round: $137,766

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
08/19/2024
Close Date
04/30/2025
Min. Goal
$50,000
Max. Goal
$123,999
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$13,500,000

Company & Team

Company

Year Founded
2024
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Dover, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Eduardo Eduardo
Title
CEO

Financials

as of June 1, 2024
 Revenue
$0
 Monthly Burn
$5,200
 Runway
3.6 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-127,080

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1

$0

Accounts Receivable

$0

$0

Total Assets

$1,200,001

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$4,526,980
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 Wefunder $13,500,000 $137,766 Equity - Preferred Active RegCF
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Add to portfolio
Ecuatoriana Airlines on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $13,500,000
Price per Share: $1.50

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Follow Ecuatoriana Airlines on Wefunder 2024

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