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This isn’t Personal Airline, Incorporated’s most recent raise. Reg CF · Convertible Note · Jan 2024 (Closed) is more current.View latest round
Personal Airline, Incorporated

Reg CF · Convertible Note · Jul 2022

ClosedReached targetReg CFConvertible Note
via WeFunderView campaign
Raised
$123.8K / $535K max
23% of ceiling · target hit day 2
Investors
62
$2K avg
Valuation cap
$25M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$127K$64K$0
62310
Jul 19, 2022 · openedNov 16, 2022 · last reading
Target ($50K) hit — Jul 21, 2022, day 2Deadline Apr 30, 2023 — 165 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2020–FY2021 · hover for source
$0
−$12K
FY2020
$4K
−$1.0M
FY2021
RevenueNet income
Metric
FY2020 reviewed*
FY2021 reviewed
Income statement
Revenue
$0
$3,940
Cost of goods sold
$0
$25,418
Gross margin
—
-545%
Net income
-$12,230
-$1,034,134
Taxes paid
$0
$0
Balance sheet
Cash
$1,126
$676,990
Accounts receivable
$1,085,000
$0
Total assets
$1,221,376
$990,954
Short-term debt
$20,870
$1,145,841
Long-term debt
$1,165,000
$75,000
Total liabilities
$1,185,870
$1,220,841
Other
Headcount
—
3

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

Deal terms

Valuation cap$25M ($20M early bird)
Interest rate4%

Perks

First $500K will invest in a convertible note with a $20M valuation cap and 20% discountfirst $500K

Offering details

Target$50,000
Max$535,000
Min investment$100
OpenedJul 19, 2022
DeadlineApr 30, 2023
ClosedNov 16, 2022
Days active120

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-22-000741

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.