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Hopscotch Air by Hopscotch Acquisition Corporation logo

Hopscotch Air by Hopscotch Acquisition Corporation

Raising nowOperating

Hopscotch Acquisition Corporation

Travel & Hospitality · Travel · Farmingdale, NY · Founded 2021

You choose the desttination, we'll bring the plane

Raising nowRaising now

This company has an open fundraising round.

$0 raised
View the live round
Post-money valuation ⓘ
$42.8M
As of Feb 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$91,960
Across 2 rounds since 2022
Latest share price
$2.00
Reg A+ · Equity · Feb 2026 offering price · down round

Financials

FY2020–FY2025 · from SEC filings · hover any figure for its source
$344K
−$12K
2020
$531K
$21K
2021
$642K
$7K
2022
$898K
−$94K
2023
$841K
−$75K
2024
$584K
−$260K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022 reviewed
FY2023
FY2024
FY2025
Income statement
Revenue
$343,811
$530,709
$642,028
$897,588
$840,800
$583,588
Cost of goods sold
$365,815
$0
$499,585
$808,202
$755,648
-$38,155
Gross margin
-6%
100%
22%
10%
10%
93%
Net income
-$11,622
$21,391
$7,137
-$93,994
-$74,929
-$260,481
Taxes paid
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$1,519
$9,722
$41,872
$24,756
$16,014
$30,015
Accounts receivable
$0
$17,469
$5,973
$0
$0
$0
Total assets
$1,823
$9,722
$41,872
-$39,784
-$48,426
$60,674
Short-term debt
$67,742
$6,993
$51,888
$231,003
$27,119,978
$227,533
Long-term debt
$411,929
$0
$317,456
$337,443
$286,532
$459,689
Total liabilities
$479,671
$6,993
$369,344
$568,445
$528,200
$687,222
Other
Headcount
—
12
8
0
12
12

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
$42.7M
pre-money
$1.0M
est. pre-money
Reg CF · Common · Oct 2022
Reg A+ · Equity · Feb 2026

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Share price over rounds

$10.00$5.00$2.00
Oct 2022Feb 2026
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Feb 2026 (-80%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Dec 8, 2025
Class A Common Stock · 77.6%Common Stock · 19.4%Class B Common Stock · 2.97%
ClassOutstandingVotes / shareShare of totalVotesLast price
Class A Common Stock(as of Oct 1, 2025)2,428,91710077.6%99.7%—
Common Stock(as of Dec 31, 2024)609,000119.4%0.25%$2.00Feb 2026
Class B Common Stock92,99512.97%0.04%—
Total3,130,912100%100%

Shares outstanding over timein today's share terms

4.8M2.4M0
Dec 2021Dec 2025
Class B Common StockCommon StockRound openedSplit / conversion

Principal holders% as the filing states it, Dec 8, 2025

  • Andrew Schmertz and Douglas Okin2,238,580 Class A Common Stock92.0%of company
  • Everyone else (not named in filings)8%

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 $0 / $20MEst. pre-money $1M
Raised $92K / $1MInvestors 45Post-money $42.8M

Team

6 people
Andrew SchmertzFounder
Chief Executive Officer, co-founder

Along with Doug Okin, Andrew founded Hopscotch Air in 2009 and overseas all aspects of the company. His has more than a decade of aviation management experience. Andrew is a former broadcast journalist and leads Hopscotch's marketing , sales and operations team. He is an instrument rated pilot and an attorney. Andrew works full-time for Hopscotch Air, Inc and is a Director of Hopscotch Acquisition Corporation.

Douglas OkinFounder
co-founder and Board member

Doug co-founded Hopscotch Air in 2009. He is an active board member, advising the company on sales, marketing and financial issues. Doug's full-time position is with MassaMutual, where he has more than 25 years of investment experience . Doug works an average of 10 hours a week for Hopscotch Air and is Director of Hopscotch Acquisition Corporation.

Lisa Baez
Director of Customer Experience

Lisa mananges our entire sales process. With the company since 2013, Lisa interacts with customers, assists with marketing, and works to grow our customer base. Lisa works about 40 hours a week for Hopscotch Air, Inc.

Robert Bergen
Director of Operations

Rob is a verteran of the air carrier industry. He's an instructor at CAE, one of the nation's leading airline training companies. Rob has been Hopscotch Air's Director of Operations since 2015, where is overseas training, pilot hiring, pilot checking, maintenance, and compliance. Rob works approximately 10 hours a week for Hopscotch Air, Inc.

Dennis O'Connell
Board member

Denny joined Hopscotch Air the day it was founded and serves as a key advisor on aviation -operations. Denny is a 50 year veteran of the airline industry, having served as a captain with TWA. Denny is our former Director of Operations, for which he held the position for 4 years prior to retiring. Denny no longer works for the company, but advises us and sits on the Board of Hopscotch Acquisition Corporation.

James Fendt
Board member

Jim is the newest member of the Board of Directors. Jim is the CEO of OCS Builders, a construciton and design firm on Long Island. Jim brings a wealth of business knowledge to Hopscotch Air and helped craft the company's financial and growth targets. Jim does not work for the company, but sits on the Board aof Hopscotch Acquisition Corporation and advises Hopscotch Air, Inc.

Names and titles as disclosed on SEC Form 1-A, SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 4 of 4 annual reports (FY2022–FY2025)

45 investors
holder-count proxy

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

  • Form C-TRJul 29, 20260001493152-26-035140
    EDGAR
  • Form C-ARApr 27, 20260001493152-26-019110
    EDGAR
  • Form QUALIFFeb 11, 20269999999994-26-000037
    EDGAR
  • Form 1-A/ADec 8, 20250001493152-25-026597
    EDGAR
  • Form 1-A/ADec 5, 20250001493152-25-026463
    EDGAR
  • Form 1-A/ADec 5, 20250001493152-25-026295
    EDGAR
  • Form 1-ADec 1, 20250001493152-25-025451
    EDGAR
  • Form C-ARApr 23, 20250001947088-25-000001
    EDGAR
Source: ManualCIK 0001947088DEShare price $2.00

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.