Exovolar Industries
OperatingExovolar Industries Corp.
Software & AI · Union City, DE · Founded 2019
A hands-free personal air mobility system allowing human intelligence, dexterity, decision-making
Financials
FY2019–FY2021 · from SEC filings · hover any figure for its sourceFigures 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 inBlue bars are the pre-money valuation the company stated for a priced round.
Fundraising history
Team
4 people
Bachelor & Master EECS, worked at CERN, ETH Zürich. Before joining Exovolar, he was the lead digital hardware design engineer at Fathom Computing, developing Domain Specific Architectures for machine learning applications, integrating optics with digital designs.
Mentor at 500 Startups, worked as CRO at Voom Sales & business development leader with 20 yrs of expertise in identifying & exploiting new market opportunities for innovative organizations. Experienced in representing new companies & products to enterprise partners with strong focus on understanding customer needs and delivering relevant solutions.
B.E & M.E. in Mechanical Engr., Stevens Institute of Technology. Prior to founding Exovolar, he played a central role in developing a wearable sensor technology proposed by US Special Operations Command. His academic focus was robotics and controls and he has become the inventor behind two US patents since his graduation in 2019.
PhD Candidate in Mechanical Engr., Stevens Institute of Technology. Ton joined Exovolar as a co-founder in 2020. He is currently working on his PhD in wearable sensors for gait analysis and robotics applications. In his work, he is the first author of various IEEE publications and the co-inventor of two US patents.
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and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.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
Filed 1 of 5 annual reports (FY2021–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
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.