LIFT Aircraft
[Closed for Investment] LIFT Aircraft, with a valuation of $188.67 million, is raising funds on StartEngine. The company has created a drone for people leading the urban air mobility revolution. LIFT has used distributed electric propulsion technology, autonomous flight control systems, and its patented design to create the personal drone. LIFT Aircraft’s aircraft HEXA has completed beginner flight envelope testing, and 16 of them have already been produced. Matt Chasen founded LIFT Aircraft in September 2017. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $3.4 million. The campaign proceeds will be used for aircraft and other fixed assets procurement, research and development, and general and administrative expenses.
Investment Overview
Raised: $1,349,320
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 05/08/2023
- Close Date
- 09/05/2023
$14,999
$3,385,119
$499
Equity - Common
Series A
RegCF
$1.87
$188,670,940
Company & Team
Company
- Year Founded
- 2017
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $18,000,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/06/2024 | DealMaker Securities | $226,000,000 | $1,649,853 | Equity - Common | Funded | RegCF |
| 10/04/2023 | StartEngine | $270,000,000 | $1,349,320 | Equity - Common | Funded | RegA+ |
| 09/05/2023 | StartEngine | $188,670,940 | $1,349,320 | Equity - Common | Funded | RegCF |
| 04/27/2022 | StartEngine | $188,821,430 | $4,987,058 | 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.