LIFT
OperatingLIFT Aircraft Inc.
Software & AI · Austin, DE · Founded 2017
Develop drones capable of human flight
Financials
FY2019–FY2025 · 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. 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
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 29, 2026| Class | Outstanding | Votes / share | Share of total | Last price |
|---|---|---|---|---|
| Common Stock | 102,719,886 | 1 | 100.0% | $2.82Oct 2025 |
Shares outstanding over timein today's share terms
Changes in named holdersshares in today's terms · % of all shares at the time
- Matthew Chasen35M (34.8%) Oct 2021 → 35M (34.9%) Apr 2022 → 35M (35.6%) Aug 2022 → 35M (35.5%) Apr 2023
Principal holders% as the filing states it, Apr 29, 2026
- Matthew Chasen34,904,270 Common Stock35.2%of
Sold to the crowd
- Reg CF · Oct 20211,575,449 shares at $2.66$4.2M· 2,399 investors
- Reg A+ · Mar 202294,646 Common Stock at $2.68$253.7K· 195 investors
- Reg CF · May 2023389,921 shares at $1.87$729.2K· 738 investors
- Reg CF · Feb 2024757,821 shares at $2.21$1.7M
- Reg CF · Oct 2025382,878 shares at $2.82$1.1M· 560 investors
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
Team
6 people
Matt is a serial entrepreneur, investor, and adventure sports enthusiast. While getting his MBA at The University of Texas in 2003, Matt founded uShip – the first and largest online marketplace for shipping with over $200M in annual gross sales. Matt served as uShip’s CEO until 2016 and received a Best CEO award from the Austin Business Journal (2012). He has earned Austin Under 40 and Texas “Rising Star” honors (2011) and was an E&Y Entrepreneur of the Year finalist (2010). Prior to business school, Matt was an engineer at Boeing in Seattle, where he worked on the F-22 Fighter, Airborne Laser, and other advanced aerospace projects. Prior to Boeing, Matt earned a Bachelor’s degree in mechanical engineering from the University of Texas at Austin and was a NASA scholarship recipient.
Balazs Kerulo, Chief Engineer of LIFT Aircraft, was one of the first to ride a man-sized multicopter, back in 2015. He has a degree in aeronautical engineering and is a trained professional fixed-wing pilot. He has extensive experience in digital twin technologies, simulation, and programming.
A veteran of the US Air Force, Jace 'Digit' McCown is Director of Flight Operations and Chief Pilot at LIFT Aircraft. He received his BS in Computer Engineering from the US Air Force Academy and his Graduate Certificate in Agroforestry from the University of Missouri-Columbia. Jace is a licensed Commercial Pilot, a Certified Flight Instructor, and a licensed Small Unmanned Aircraft System Remote Pilot. Prior to joining LIFT, Jace was a Flight Test Engineer & Chief Pilot at Skyways Air Transportation.
Kenny serves as LIFT Aircraft's Chief Financial Officer on a part-time basis. Prior to joining LIFT, Kenny led technology, telecom, and media investing for Nokomis Capital from 2009-2021. He previously held financial management and investing positions with Bonanza Capital, Applied Materials, JatoTech Ventures, and Goldman, Sachs & Co. He received his BBA in Finance from the University of Texas at Austin and his MBA from the University of California at Berkeley.
Kristin Giffin is Chief of Staff at LIFT Aircraft. She is a proven team leader, project manager, and program director. Prior to joining LIFT, Kristin was the Senior Communications Director for Children’s Hunger Fund, a Charity Navigator 4-star international nonprofit organization that has delivered more than $1B in food and aid.
Kevin Rustagi is the Director of Business Development at LIFT Aircraft. He coordinates partnerships for R&D, Agility Prime, and first response use. As a private pilot (Cessna, Cirrus), he is a strong advocate for unlocking the skies. His prior experience includes co-founding high-tech apparel company Ministry of Supply, working on the iPhone’s speaker grille at Apple, and studying engineering and business at MIT and Stanford.
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
Filed 5 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
View all 30 filings on EDGAR- Form DJun 10, 20260001889418-26-000005EDGAR
- Form C-ARApr 29, 20260001889418-26-000004EDGAR
- Form C-UApr 28, 20260001889418-26-000002EDGAR
- Form COct 2, 20250001889418-25-000003EDGAR
- Form 1-ZJun 12, 20250001104659-25-058642EDGAR
- Form C-ARMay 2, 20250001665160-25-000963EDGAR
- Form 1-KApr 30, 20250001104659-25-041980EDGAR
- Form C-UDec 12, 20240001644600-24-000120EDGAR
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.