Parallel Flight Technologies - Company Profile - Crowdonomics
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Parallel Flight Technologies

Saving lives, property, and the environment
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Most Recent Valuation:

$175,000,000.00

Legal Name:
Founded:
State of HQ:

Parallel Flight Technologies, Inc.

9/10/2018

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Company Description

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Employees:

Funding Summary

Number of funding rounds
4
Total amount raised
$2,723,751
Round name
End date
Raised
Status
Type
Investment minimum
Valuation
Valuation Cap
Price per share
Parallel Flight Technologies Common Stock 2
06/29/2022
$1,304,860.00
closed
Common Stock
$497
$175,000,000
22.6
Parallel Flight Technologies Stock 1
closed
Common Stock
$500
$28,700,000
4.67
Parallel Stock 2
08/14/2020
$349,097.00
closed
Common Stock
$2,500
$18,000,000
3
Parallel Stock 1
01/15/2020
$1,069,794.00
closed
Common Stock
$294
$7,980,000
1.4
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See round history

Round history

Round name
Perk description
Perk level (dollars)
Perk level (days)
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Early Bird Perk history

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View early bird perks, deal notes, company financials, and more

Company notes

Type
Round name
Date Added
Date Updated
Notes
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Financials (up to prior 4 years)

Revenue
COGS
Gross margin | (%)
Taxes
SG&A, other
Net income
Cash/Equivalents
Accounts Receiv
Other Assets
Assets
Short term debt
Long term debt
Equity/other liabilities

Gross margin, Other Assets, and Equity/other liabilities are derived from the financial statements of the company reported to the SEC. Assets = Liabilities + Equity, and no equity accounts nor accounts payable are reported to the SEC, hence the possibility for that amount to be either equity or a liability.

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