Jetoptera

Jetoptera

Growth Stage

Propulsion systems and Vertical and Short Takeoff and Landing Aircraft

Propulsion systems and Vertical and Short Takeoff and Landing Aircraft

Overview

Raised to Date: Raised: $205,634

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/05/2022

Close Date

11/08/2022

Min. Goal
$9,993
Max. Goal
$2,999,988
Min. Investment

$496

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.78

Pre-Money Valuation

$135,000,074

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,327

# of Investors

141

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Logos provided by Clearbit
Year Founded

2015

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Edmonds, Washington

Business Type

Growth

Company Website

Jetoptera, with a valuation of $135 million, is raising funds on Wefunder. The company has multiple unique patents, including its fluidic propulsive system, which can be combined to create a simpler, faster, quieter, and more compact aircraft. The unique propulsion system of Jetoptera is engineered for short and vertical takeoff and landing applications. Jetoptera has been awarded 53 patents and has five contracts awarded from the US Air Force and US Army. Andrei Evulet and Denis Dancanet founded Jetoptera in June 2015. The current crowdfunding campaign has a minimum target of $9,993.06 and a maximum target of $2,999,987.76. The campaign proceeds will be used to deploy and sell FPS-enabled military unmanned aircraft and build a prototype of manned-flight FPS-enabled craft.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$411,992

$39,591

COGS

$0

$0

Tax

$2,494

$2,080

 

 

Net Income

$-3,070,663

$-1,132,657

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$706,764

$720,939

Accounts Receivable

$0

$29,927

Total Assets

$1,812,934

$1,994,939

Short-Term Debt

$5,271,940

$301,452

Long-Term Debt

$893,174

$4,747,317

Total Liabilities

$6,165,114

$5,048,769
Financials as of: 06/05/2022
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Jetoptera 04/10/2024 Wefunder $127,000,000 $2,076,883 Equity - Common Funded RegCF / RegD 506(c)
Jetoptera 11/07/2022 StartEngine $135,000,074 $205,634 Equity - Common Funded RegCF
Jetoptera 02/27/2022 Wefunder $125,044,544 $2,167,898 Equity - Common Funded RegCF
Jetoptera 04/12/2020 Microventures $22,000,000 $217,168 Convertible Note Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Jetoptera on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $135,000,074
Price per Share: $10.78

Follow company

Follow Jetoptera on StartEngine 2022
View on StartEngine
Deal Analytics
Company Ratings
Deal Considerations

Buy Jetoptera's Deal Report

Warning: according to the close date for this deal, Jetoptera may no longer be accepting investments.

Jetoptera Deal Report

Get KingsCrowd’s comprehensive report on Jetoptera including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Jetoptera is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Jetoptera deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge