Deuce Drone on Netcapital

Deuce Drone designs, builds, and operates drone delivery systems, enabling same-day delivery for retailers.

Raise to date: $44,040

Reporting Date: 05/31/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$962,000

Likelihood of Max Unlikely
Start Date

05/22/2020

Stop Date

08/20/2020

Days Remaining

79

Security Type

Other Security Type

Investment Minimum

$1

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

440%

% of Maximum Raised

5%

Dollars Per Day to Reach Max

$11,620

DPD* Committed

$4,893

DPD* Category

$0

DPD* All Companies

$1,028

Kingscrowd Momentum

$44,040

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Deuce Drone, with a post-money valuation of $12.8 million, is raising funds on NetCapital. The company designs, makes, and sells drone delivery systems to be used by retailers. It solves the last mile delivery problems reducing both costs and delivery time. Deuce Drone was founded by Blaine Holt and Rhett Ross in 2019. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $962,000, and the funds will be used towards engineering & development, marketing, and general and administrative expenses. Deuce Drone has already signed two revenue-generating contracts with retailers in the Southeast and has begun the authorization process to become a licensed air carrier. The company is led by an experienced management team and has a team of engineers from top engineering schools.

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