Crowdonomics
All companies
Hylio logo

Hylio

Operating

Hylio, Inc.

Agriculture · Richmond, TX · Founded 2015

Autonomous drones for precision agriculture

Post-money valuation ⓘ
$202.6M
As of Apr 2026 · from Reg CF Offering (2025) · pre-money + amount raised, not a traded price
Total raised
$6,494,131
Crowd $4.1M · Private $2.4M · 6 rounds since 2019
Latest share price
$21.90
Reg CF · Common Stock · Dec 2025 offering price

Financials

FY2019–FY2025 · from SEC filings · hover any figure for its source
$254K
−$94K
2019
$1.1M
$85K
2020
$1.9M
−$56K
2021
$3.2M
−$107K
2022
$8.3M
$285K
2023
$11.2M
$118K
2024
$12.0M
$1.8M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
FY2021 unaudited
FY2022 unaudited
FY2023 audited
FY2024 audited
FY2025
Income statement
Revenue
$254,038
$1,060,611
$1,911,318
$3,224,290
$8,293,164
$11,224,957
$12,030,900
Cost of goods sold
$94,390
$591,621
$872,356
$1,711,072
$4,640,359
$5,712,445
$5,839,163
Gross margin
63%
44%
54%
47%
44%
49%
51%
Net income
-$94,309
$84,542
-$55,798
-$106,561
$285,477
$118,301
$1,767,115
Taxes paid
$0
$0
$0
$0
$0
$17,904
$1,946
Balance sheet
Cash
$50,034
$156,651
$247,123
$981,051
$733,583
$1,499,710
$772,628
Accounts receivable
$49,334
$13,981
$345,036
$305,037
$0
$0
$2,504,699
Total assets
$367,807
$597,858
$1,292,910
$3,288,932
$5,696,963
$8,813,271
$13,139,574
Short-term debt
$64,158
$194,284
$169,743
$1,587,735
$679,076
$2,882,999
$2,472,656
Long-term debt
$149,027
$154,410
$76,513
$181,719
$828,732
$0
$1,855,468
Total liabilities
$213,185
$348,694
$246,256
$1,769,454
$1,507,808
$2,882,999
$4,328,124
Other
Headcount
—
19
—
44
19
19
70

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
$35.0M
pre-money
$150.0M
pre-money
$201.7M
pre-money
Reg CF · Common · May 2021
Reg CF · Common · Nov 2024
Reg CF · Common · Dec 2025

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

Share price over rounds

log scale
$21.90$2.7431$0.3436
May 2019Dec 2025
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

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 Apr 30, 2026
ClassOutstandingVotes / shareShare of totalLast price
Common Stock9,209,4001100.0%$21.90Dec 2025

Principal holders% as the filing states it, Apr 30, 2026

  • Arthur Erickson1,924,350 Common Stock22.1%of company
  • Mike Oda1,924,350 Common Stock22.1%of company
  • Nick Nawratil1,924,349 Common Stock22.1%of company
  • Nikhil Dixit1,924,349 Common Stock22.1%of company
  • Everyone else (not named in filings)11.5%

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 $468.7K / $1.2MInvestors 479Post-money $202.6M
Raised $2.9M / $5MInvestors 1,963Post-money $154.7M
Raised $800.8K / $1.1MInvestors 1,121Post-money $36.1M

Team

6 people
Arthur EricksonFounder
CEO, Director

Arthur's interest in UAS began at UT Austin while studying aerospace engineering. As a researcher there, he optimized UAS controls. Seeing the potential of UAS, Arthur and his co-founders founded Hylio in 2015. Arthur has led many successful product launches and the company’s rapid growth. As Hylio co-founder and CEO, Arthur focuses on business and product development, strategy, and scaling.

Nikhil DixitFounder
CTO, Director

Nikhil Dixit received degrees in electrical engineering and computer science from UT Austin and went on to receive a master's in computer architecture. As a gifted software engineer, Nikhil joined NVIDIA while in school and was chosen to lead an AI project there. Now as Hylio co-founder and CTO, he leads dozens of engineers and programmers as they develop Hylio’s groundbreaking products and technologies.

Mike Oda Jr.Founder
Chief Financial Officer, Co-Founder, and Director
Nicholas NawratilFounder
Chief Operating Officer, Co-Founder, and Director
Mike Oda
CFO, Director

A lifelong entrepreneur, Mike Oda began managing many of his family's businesses at a young age including: distribution of engineering products, housing development, a restaurant, and a Wagyu cattle ranch. While juggling those responsibilities, he received a degree in Finance UT Austin. As Hylio co-founder and CFO, he leads its finance and accounting teams to help guide the company’s aggressive expansion.

Nick Nawratil
COO, Director

Nick Nawratil first began working with UAS while studying aerospace engineering at UT Austin. With experience as the founder of an Austin-based utilities company, he adds supply chain, logistics, and personnel management expertise to the Hylio team. As co-founder and COO of Hylio, he now leads the scaling of Hylio’s manufacturing, fleet operations, support infrastructure, and regulatory compliance.

Names and titles as disclosed on 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 3 of 5 annual reports (FY2021–FY2025)

1,963 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-UMay 4, 20260001859835-26-000005
    EDGAR
  • Form C-ARApr 30, 20260001859835-26-000004
    EDGAR
  • Form C/AMar 4, 20260001859835-26-000002
    EDGAR
  • Form C/ADec 10, 20250001859835-25-000006
    EDGAR
  • Form CDec 9, 20250001859835-25-000004
    EDGAR
  • Form C-UAug 22, 20250001665160-25-001386
    EDGAR
  • Form C/AJul 31, 20250001665160-25-001354
    EDGAR
  • Form C/AJul 7, 20250001665160-25-001273
    EDGAR
Source: ManualCIK 0001859835TXShare price $21.90

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.