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
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$6.3M / $7.5M max
84% of ceiling
Investors
4,600
$1.4K avg
Post-money valuation
$35M
pre-money + amount raised
Financials disclosed in this offering
FY2019 · hover for source$72K
−$275K
FY2019
RevenueNet income
Metric
FY2019 audited
Income statement
Revenue
$71,909
Cost of goods sold
$0
Gross margin
100%
Net income
-$274,519
Taxes paid
$0
Balance sheet
Cash
$769,181
Accounts receivable
$0
Total assets
$774,207
Short-term debt
$55,164
Long-term debt
$248,000
Total liabilities
$303,164
Other
Headcount
7
The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.
Deal terms
Pre-money$28.7M
Post-money$35M
Price / share$4.67
Shares offered1,605,996
Offering details
Target$500
Max$7,500,000
Min investment$500
OpenedSep 19, 2020
Deadline—
Days active2,211
Links & provenance
Source: Manual
0001445866-20-001186
Last synced Aug 18, 2026
0001445866-20-001186
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.