KinectAir

KinectAir

Early Stage

The future of flying. The on-demand flight network.

The future of flying. The on-demand flight network.

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/30/2021

Close Date

01/03/2022

Min. Goal
$50,000
Max. Goal
$2,000,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.07

Pre-Money Valuation

$12,998,606

Year Founded

2020

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Vancouver, Washington

Business Type

Growth

KinectAir, with a valuation of $13 million, is raising funds on Wefunder. The company provides accessible air travel experiences through its efficient and right-sized aircraft. KinectAir has designed intelligent software that meets the customer demand in real-time and creates a booking to the actual need. The products of KinectAir include go-anywhere point-to-point charter, group flights for eight people, and turboprops with up to 80 seats. Jonathan Evans, Philip Benjamin Howard, and Daniel Gizzi founded KinectAir in April 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $2,000,000. The campaign proceeds will be used for ongoing operations, FAA certification efforts, hiring, marketing and brand development, and aviation operations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$48,048

$3,080

COGS

$56,579

$1,248

Tax

$2,372

$743

 

 

Net Income

$-256,290

$-144,453

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$81,971

$980

Accounts Receivable

$0

$0

Total Assets

$83,986

$4,045

Short-Term Debt

$29,190

$114,500

Long-Term Debt

$207,512

$31,890

Total Liabilities

$236,702

$146,390

Financials as of: 11/30/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
KinectAir 04/29/2022 Wefunder $23,000,791 $93,004 Equity - Preferred Funded RegCF
KinectAir 01/02/2022 Wefunder $12,998,606 $0 Equity - Preferred Not Funded RegCF
KinectAir 09/21/2020 Wefunder $6,000,000 $352,064 Equity - Common Funded RegCF
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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

Funding data not publicly available

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KinectAir on Wefunder 2021
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $12,998,606
Price per Share: $0.07

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