About this raise
xCraft Enterprises, with a valuation of $48.9 million, is raising funds on StartEngine. The company designs and manufactures unmanned aerial systems for military and enterprise markets. The patented technologies of xCraft Enterprises are taking the drone industry to new heights, bringing improved safety and quality of life. xCraft Enterprises is backed by all five celebrity Shark Tank investors and has been featured in Techcrunch, Fortune, Business Insider, and MarketWatch. JD Claridge and Charles Manning founded xCraft Enterprises in 2017. The current crowdfunding campaign has a minimum target of $9,993.60 and a maximum target of $4,999,996.80. The campaign proceeds will be used for marketing, technology, and expansion.
Investment Overview
Invested $148,195 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -88.9% YoY
- $75,302
- Monthly Burn
- $88,677
-
Runway
- 0.1 months
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
08/04/2023 | PicMii | $53,872,550 | $0 | Equity - Common | Not Funded | RegCF |
08/01/2022 | StartEngine | $48,874,963 | $148,195 | Equity - Common | Funded | RegCF |
02/03/2022 | StartEngine | $35,000,000 | $2,528,013 | Equity - Common | Funded | RegA+ |
02/29/2020 | StartEngine | $18,200,000 | $1,069,937 | Equity - Common | Funded | RegCF |
07/07/2017 | StartEngine | $6,000,000 | $1,096,733 | 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.