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AirBox Technologies

Operating

Drone Delivery Systems Corp

Technology · Richmond, DE · Founded 2019

Contactless delivery mailboxes for businesses and individuals

Post-money valuation
$35.0M
As of Mar 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$0
Across 1 round since 2021
Latest share price
$69.85
Reg CF Offering (2021) offering price

Financials

FY2019–FY2020 · from SEC filings · hover any figure for its source
$0
−$267K
2019
$7K
−$210K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019
FY2020
Income statement
Revenue
$0
$6,920
Cost of goods sold
$266,964
$216,759
Gross margin
-3032%
Net income
-$266,964
-$209,839
Taxes paid
$0
$0
Balance sheet
Cash
$9,898
$9,757
Accounts receivable
$0
$0
Total assets
$166,263
$165,568
Short-term debt
$993
$1,642
Long-term debt
$150,000
$351,700
Total liabilities
$150,993
$353,342
Other
Headcount
3

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$35.0M
post-money
Reg CF Offering (2021)

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

Reg CF Offering (2021)WithdrawnReg CF · Common Equity · via StartEngine
Raised $0 / $1.1MInvestors 0Post-money $35M

Team

4 people
Brandon T PargoeFounder
Co-Founder & CEO

Inventor of AirBox Home, drone ready smart mailbox. Mr. Pargoe is highly skilled in medical grade manufacturing, telecom networks and sales engineer. His experience as a Telecom Executive in the Emerging Markets Division with MCI Communications in the late 90’s, provides a wealth of knowledge in building telecommunication networks. Mr. Pargoe continues to drive AirBox from inception, patent, design, to a finished product, leading the competition by over 2 years in smart drone ready box technology.

Dr. Jeremy TuckerFounder
Co-founder

Physician executive and a practicing emergency physician at HEPA. Board certified in emergency medicine and internal medicine. Strong interest in entrepreneurship and healthcare IT startups. Specialties: Emergency Department management, Efficiency, Patient satisfaction, Patient Safety, Electronic Medical Records, Technology in medicine, Drones, Healthcare startups, Utilization, Provider education, Risk management, Leadership development, Community Hospitals, Urgent care, Emergency care.

Chris Reichert
Board of Directors

Chris is currently on our Board of Directors who has over 25 years professional expereince with entreprenuership, angel investing, and as a Company Strategy Advisor. His expertise in Business Deveolpment, Strategic Planning, Corporate Management provides a wealth of knowledge for startups.

Lukas Wrede
Board of Directors, advisor

Serial tech entrepreneur with extensive experience in global business development, international sales and corporate strategy, business turn-around, global product management, product marketing and customer life-cycle management. Decisive proactive manager, skilled in recruiting top talent; leading, and mentoring teams to peak performance. Specialties: International Business Development • Business Strategy & Models • Sales & Marketing Leadership • Data Platforms • Mobility & Logistics • Digital Transformation • IoT

Names and titles as disclosed on StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

0 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-WAug 23, 20220001665160-22-002256
    EDGAR
  • Form C/AMar 1, 20220001665160-22-000367
    EDGAR
  • Form C/ANov 30, 20210001665160-21-002120
    EDGAR
  • Form CNov 30, 20210001665160-21-002118
    EDGAR
Source: ManualCIK 0001896281DEShare price $69.85

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.