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This isn’t Parallel Flight Technologies’s most recent raise. Reg CF · Class B Common Stock · Feb 2023 (Closed) is more current.View latest round
Parallel Flight Technologies

Reg CF · Common Stock · Jan 2022

ClosedReached targetReg CFCommon Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$661.9K / $5M max
13% of ceiling · target hit day 2
Investors
516
$2.5K avg
Post-money valuation
$176.3M
pre-money + amount raised

Raised over time

Cumulative raisedInvestors
$1.3M$650K$0
5152580
Jan 26, 2022 · openedJun 29, 2022 · last reading
Target ($10K) hit — Jan 28, 2022, day 2$1.0M raised — Jun 18, 2022Deadline Jun 28, 2022

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via StartEngine, last checked Oct 4, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2019–FY2020 · hover for source
$72K
−$275K
FY2019
$256K
−$1.2M
FY2020
RevenueNet income
Metric
FY2019 audited
FY2020 audited
Income statement
Revenue
$71,909
$256,105
Cost of goods sold
$0
$247,368
Gross margin
100%
3%
Net income
-$274,519
-$1,230,217
Taxes paid
$0
$800
Balance sheet
Cash
$769,181
$817,928
Accounts receivable
$0
$0
Total assets
$774,207
$873,306
Short-term debt
$55,164
$158,218
Long-term debt
$248,000
$11,764
Total liabilities
$303,164
$169,982
Other
Headcount
7
14

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

1 amendment
  1. Apr 28, 2022
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Pre-money$175M
Post-money$176.3M
Price / share$22.60
Shares offered442

Perks

Invest within the first week and receive 10% bonus shares · until Feb 1, 202210% bonus

Offering details

Target$9,989
Max$4,999,956
Min investment$497
OpenedJan 26, 2022
DeadlineJun 28, 2022
ClosedJun 28, 2022
Days active153

Links & provenance

Campaign pageSEC filingStartEngine listing
Source: Manual
0001665160-22-000130
Last synced Aug 18, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. 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.