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Airgility, Inc.

Operating

Airgility, inc.

Software & AI · College Park, MD · Founded 2017

Autonomous vehicles with endless possibilities

Post-money valuation ⓘ
$13.0M
As of Oct 2020 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$950,328
Across 1 round since 2020
Latest share price
$1.09
Reg CF · Common Stock · May 2020 offering price

Financials

FY2018–FY2021 · from SEC filings · hover any figure for its source
$50K
−$44K
2018
$173K
−$92K
2019
$436K
−$666K
2020
$237K
−$628K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed
FY2019 audited
FY2020 audited
FY2021
Income statement
Revenue
$50,000
$173,445
$436,316
$237,000
Cost of goods sold
$53,634
$118,030
$284,878
$541,000
Gross margin
-7%
32%
35%
-128%
Net income
-$43,842
-$92,297
-$665,705
-$628,000
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$48,206
$729
$305,935
$60,000
Accounts receivable
$25,000
$35,000
$10,000
$99,416
Total assets
$73,206
$38,393
$402,447
$144,416
Short-term debt
$9,183
$84,838
$151,761
$241,761
Long-term debt
$112,500
$149,725
$162,225
$162,225
Total liabilities
$121,683
$234,563
$313,986
$403,986
Other
Headcount
—
10
10
10

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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$12.0M
pre-money
Reg CF · Common · May 2020

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Share counts as of Dec 31, 2019
ClassOutstandingVotes / shareShare of totalLast price
Common Stock9,729,5181100.0%$1.09May 2020

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $950.3K / $1.1MInvestors 1,545Post-money $13M

Team

7 people
Evandro ValenteFounder
CTO and Co-Founder

Evandro Valente is the CTO & Co-Founder of Airgility, Inc. He has more than 15 years of experience designing and building UAVs/drones. He leads the innovation/design/manufacturing efforts at Airgility and previously spent time as a materials and process engineer for GE Aviation, UAV test pilot experience for large DARPA projects and spent 13 years as a Professor at the University of Maryland Clark School of Engineering. He has both a B.S. and M.S. in Aerospace Engineering from the University of Maryland.

Pramod RahejaFounder
CEO and Co-Founder

Pramod Raheja, is the CEO & Co-Founder of Airgility, Inc. He is a serial entrepreneur of 25+ years and a longtime member and past president of the Entrepreneur's Organization of Washington DC, graduate of the Entrepreneurial Master's Program at MIT, graduate/mentor of the Founder's Institute, and holds a B.S. in Aerospace Engineering from the University of Maryland. He describes himself as half geek and half sales guy.

Our Amazing Team!
Our Engineering & Robotics Team

We have a great team of complementary skillsets focused on cutting edge technology and product innovation

Darrin Auito
Advisor

Darrin is a registered patent attorney (JD/MBA/MSE) and founding partner at HEA Law, PLLC. He has over 13 years of experience creating and implementing strategies that protect his client’s intellectual property assets and business interests throughout the world. He is on the Advisory Board of the Small Business & Entrepreneurship Council (SBEC), an influential voice for entrepreneurship and small business growth in the United States and across the globe. He also participates on the Piranha Tank, a live event that brings together accredited investors seeking deals and entrepreneurs seeking investment.

David Bain
Advisor

David is a serial entrepreneur in the telecom, wireless, and satellite industries. His expertise includes intellectual property (IP) strategy and licensing, building industry coalitions through standards organizations, tech industry M&A, and non-profit advocacy around the safe and sustainable use of new technologies.

Dr. Tim Horiouchi
Advisor

Dr. Horiuchi is an associate professor at the Institute for Systems Research at the University of Maryland. His research interests include bat echolocation; computational neuroscience; learning systems; neuromorphic VLSI design; constrained optimization circuits; mobile robotics; and neural recording and spike-sorting techniques and tools. He leads the efforts for Airgility's unique

Navin Ganeshan
Advisor

Navin is a senior product executive with a two-decades career in bringing innovative and award-winning technology products to market with a strong emphasis on connected devices/IOT and analytics. He currently works with Amazon as a Senior Manager in transportation technology & logistics. Previously he was the Chief Product Officer at Gemini, a cyber security analytics company. He has served as Chief Product Officer at Zubie and Centrifuge Systems. He served in many executive roles at Network Solutions, including Chief of Strategy, Products GM, and head of Enterprise Data Services and BI. He is helping Airgility in consistently bringing their technologies to market.

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

Reg CF annual-report compliance

Delinquent

Filed 2 of 6 annual reports (FY2020–FY2025)

Missing: 2022, 2023, 2024, 2025

1,545 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-ARApr 28, 20220001665160-22-001062
    EDGAR
  • Form C-ARMay 3, 20210001213900-21-024011
    EDGAR
  • Form C-UJan 8, 20210001665160-21-000044
    EDGAR
  • Form C-UOct 26, 20200001665160-20-001348
    EDGAR
  • Form C/AAug 18, 20200001665160-20-001056
    EDGAR
  • Form C/AMay 21, 20200001665160-20-000641
    EDGAR
  • Form CMay 21, 20200001665160-20-000637
    EDGAR
Source: ManualCIK 0001811515DEShare price $1.09

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.