Parallel Flight Technologies
Saving lives, property, and the environment
Overview
Raised: $1,069,794
Total Commitments ($USD)
StartEngine
10/10/2019
01/13/2020
$294
Equity - Common
RegCF
$1.40
$7,980,000
Rolling Commitments ($USD)
01/30/2020
$11,381
1,493
2018
Transportation, Automotive, Aviation, & Aerospace
Hardwaretech
La Selva Beach, California
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Parallel Flight Technologies | 05/16/2023 | StartEngine | $82,358,840 | $740,307 | Equity - Common | Funded | RegCF |
| Parallel Flight Technologies | 06/27/2022 | StartEngine | $175,318,370 | $1,304,860 | Equity - Common | Funded | RegCF |
| Parallel Flight Technologies | 06/29/2021 | StartEngine | $28,700,000 | $6,505,002 | Equity - Common | Funded | RegA+ |
| Parallel Flight Technologies | 07/27/2020 | Wefunder | $18,000,000 | $350,198 | Equity - Common | Funded | RegA+ |
| Parallel Flight Technologies | 01/12/2020 | StartEngine | $7,980,000 | $1,069,794 | Equity - Common | Funded | RegCF |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Employee History
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Founder Profile
Follow Up with Parallel Flight Technologies Founder Joshua Resnick
Parallel Flight Technologies is creating heavy duty drones with extended flight times for various industrial purposes. From fighting fires to disaster relief, Parallel Flight wants to get their drones where they can help the most. We covered the company as a Deal to Watch back in July when it was conducting a Reg CF raise. Now, Parallel Flight is back with a Reg A+ raise on StartEngine.
We reconnected with co-founder and CEO Joshua Resnick to learn what the company has been up to in the past three months. He told us about exciting new partnerships and what the beginning of 2021 will hold for Parallel Flight Technologies.