Hopscotch Air
About this raise: Hopscotch Air, with a valuation of $4.27 million, is raising funds on StartEngine. It is an FAA-certified air taxi operator in North America. The company has a fleet of single-engine and technologically-advanced aircraft flying on northeast regional routes. Hopscotch Air has the authority to grow to any size fleet with an unlimited number of pilots and has a perfect safety record. Andrew Schmertz and Douglas Okin founded Hopscotch Air in August 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used to expand by growing the regional market and entering the electric and VTOL markets.
Investment Overview
Invested : $92,995
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 10/21/2022
- Close Date
- 02/18/2023
$10,000
$1,000,000
$300
Equity - Common
Pre-Seed
RegCF
$10.00
$4,269,140
Company & Team
Company
- Year Founded
- 2021
- Industry
- Travel and Hospitality
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +54% YoY
- $530,709
- Monthly Burn
- Profitable
- Cash on Hand
- $9,722
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/18/2023 | StartEngine | $4,269,140 | $92,995 | Equity - Common | Funded | RegCF |