Crowdonomics
All companies
ZEVA AERO logo

ZEVA AERO

Operating

ZEVA, Inc.

Energy & Cleantech · Tacoma, WA · Founded 2018

Zero-Emissions Vertical Aircraft

Post-money valuation ⓘ
$56.3M
As of Feb 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$281,237
Crowd $171K · Private $110K · 3 rounds since 2019
Latest share price
$4.00
Reg CF · Common Stock · Aug 2021 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$205K
−$49K
2019
$67K
−$175K
2020
$120K
−$72K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
FY2021
Income statement
Revenue
$205,245
$66,767
$119,642
Cost of goods sold
$33,237
$8,813
$7,862
Gross margin
84%
87%
93%
Net income
-$49,247
-$174,532
-$71,878
Taxes paid
$0
$699
$33,958
Balance sheet
Cash
$16,983
$5,262
$16,455
Accounts receivable
$0
$24,109
$24,326
Total assets
$44,144
$58,873
$70,284
Short-term debt
$60,760
$34,049
$117,183
Long-term debt
$65,411
$186,900
$186,900
Total liabilities
$126,171
$220,949
$304,083
Other
Headcount
—
25
25

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
$56.1M
pre-money
Reg CF · Common · Aug 2021

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

Fundraising history

Raised $85KInvestors 2
Raised $171.2K / $1.1MInvestors 293Post-money $56.3M
Raised $25KInvestors 1

Team

14 people
Don MclaneFounder
VP of Controls Engineering

- Senior Lab Support Engineer and Lecturer at the University of Washington Tacoma for over 20 years - Industry experience designing control systems - Organizer of the Pacific Rim Collegiate Cyber Defense Competition - MS Electrical Engineering - Notre Dame

Gurbir SinghFounder
CTO & VP of Battery Engineering

-27-year career at Intel -As senior principal engineer, managed team of 32 engineers with an annual budget of $23m -Managed development lab with annual budget of $12.5m -Responsible for invention of multiprocessor technology used in most contemporary servers -Holds 29 US and three international patents -MS Electrical Engineering - Clemson University

Stephen TibbittsFounder
President & CEO

-Private pilot & electrical engineer -Raised more than $4 million in non-dilutive R&D contracts -Held multiple director level and management positions -Consulted for world’s top semiconductor companies -Advisor for NASA AAM Working groups #3 & #4 -BSEE Washington State University

Fred Bills
COO & Head of IP

-USPTO registered patent agent with 10+ years of operations and IP law firm experience -Developed company-wide workflows for firm managing millions of dollars in IP assets -Co-founder of 50-lbs capacity eVTOL cargo-drone startup -Lead design engineer of electric 8-ft fixed-wing drone team -BA Advertising - University of Nebraska -BS Mechanical Engineering - NYU

Kim Waite
CFO & Director of Finance

-Financial analyst at one of world’s largest investment management companies -Managed negotiations and corporate contracts in financial sector -BS Mathematics - Wheaton College -J.D. - Villanova University

Kimberly Waite
CFO, Principal Financial Officer and Principal Accounting Officer
Chris Tibbitts, PE
Mechanical Engineer

-15 years of mechanical engineering experience including: -Product R&D and testing -Project management of custom products -Tooling development -Process imporovements and documentation -BE Mechanical Engineering - George Fox University

Dr. Bob Colwell
Senior Engineer - Black Box

-Served as Director of Microsystems Technology Office (MTO) at DARPA -Chief architect on Pentium Pro, Pentium II, Pentium III, and Pentium 4 microprocessors -IEEE Fellow -BSEE University of Pittsburgh -PhD Electrical Engineering Carnegie Mellon

Dr. Sergey V. Drakunov
Advisor - Control Systems

-Professor of Engineering Physics at Embry-Riddle Aeronautical University (ERAU) -Affiliated Research Scientist at the Institute for Human & Machine Cognition (IHMC) -Advisory Board member of NASA Florida Space Grant Consortium -Research focused on mathematical theory and engineering applications of nonlinear dynamical systems with focus on autonomous and aerospace systems -M.S. Applied Mathematics (Moscow Institute of Electronics and Mathematics) -Ph.D. Control Theory and System Analysis, Mathematics (Institute of Control Science of Russian Academy of Sciences)

Show 5 more people
Jason Simas
Business Development

-Entrepreneur and Engineering Professional with experience in startup operations, dilutive/non-dilutive funding, and product commercialization/design. -Director of Business Development at ZEVA AERO -MS Business Analytics - University of Washington -BS Chemical Engineering - Virginia Tech

Steve Nagode, PE
Engineer & Machinist

-Mechanical Engineer with 20 years of experience -Senior Innovation Engineer at REI -As forensics and safety engineer, analyzed mechanical failures, recall issues, and injuries related to bicycles, climbing gear, sleeping bags, tents, and most other outdoor gear and clothing -Created ASTM standards, and used EN, ISO, CPSC and other standards to evaluate and test products and material -Designed sleeping stations for the ISS and other spacecraft on behalf of NASA through the University of Texas SW -BS Mechanical Engineering - Milwaukee School of Engineering

Yvette Wilson
Business Manager

-As Campus Executive Director at Tidewater Tech increased revenue from $1.5 million to $7.5 million -Oversaw overall campus operations: P&L management, budgeting, & strategic planning -Established performance indicators, operational goals, productivity improvements and cost reduction programs that consistently improved the quality of educational offerings and customer satisfaction while supervising team of 60 employees

Jolene Anderson
Advisor

-Managing Director for VectorPoint Ventures, LLC -Advisor for seed and early stage companies in: life science, consumer wellness, clean tech, energy, material science and digital health -Entrepreneur/founder of global wellness company -Public speaker at industry trade shows and guest editor for trade journals -Mentor/advisor for women led companies, student entrepreneurs

Richard Samuelson
Advisor

Venture Capital & Investment Banking Professional Managing partner in Swan Venture Group Specialized in equity and equity derivatives as investment banker at both UBS and BNP Paribas While Managing Director, served as global head of equity and equity derivatives for both Asia and Japan at BNP Paribas BA English - Yale University MBA Finance - The Wharton School

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

Not requiredFewer than 300 holders of record

Filed 1 of 5 annual reports (FY2021–FY2025)

293 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 DJun 14, 20220001790034-22-000001
    EDGAR
  • Form C-ARMay 2, 20220001665160-22-001464
    EDGAR
  • Form C-UFeb 8, 20220001665160-22-000243
    EDGAR
  • Form CAug 3, 20210001665160-21-001389
    EDGAR
  • Form DOct 2, 20190001790034-19-000001
    EDGAR
Source: ManualCIK 0001790034WAShare price $4.00

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.