About this raise
KinectAir, with a valuation of $23 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 $5,000,000. The campaign proceeds will be used for marketing, software, operations certification, community development, and aircraft supply development.
Investment Overview
Invested $93,004 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +1,460% YoY
- $48,048
- Monthly Burn
- $21,358
-
Runway
- 3.8 months
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/30/2022 | Wefunder | $23,000,791 | $93,004 | Equity - Preferred | Funded | RegCF |
01/03/2022 | Wefunder | $12,998,606 | $0 | Equity - Preferred | Not Funded | RegCF |
09/22/2020 | Wefunder | $6,000,000 | $352,064 | Equity - Common | Funded | RegCF |
Growth Charts
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.