Parallel Flight Technologies on Wefunder

Drones that lift more & fly longer — Multiple Industries

Raise to date: $350,198

Reporting Date: 08/02/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,500,000

Likelihood of Max Extremely
Start Date

07/08/2020

Stop Date

07/28/2020

Days Remaining

Closed

Security Type

Common Stock

Investment Minimum

$2,500

Deal Type

Deal to Watch


Investment Summary

Status

Confirmed Closed

# of Investors

77

% of Minimum Raised

700%

% of Maximum Raised

23%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$17,510

DPD* Category

$0

DPD* All Companies

$1,789

Kingscrowd Momentum

$350,198

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Parallel Flight Technologies, with a pre-money valuation of $18 million, is raising funds on Wefunder through Reg D crowdfunding. The company makes drones that lift more and fly longer and can be used for unmanned fire support, medical supply logistics, agricultural applications, and more. The drones run on revolutionary parallel hybrid propulsion systems and carry heavy loads for ten times longer than the traditional drones. Parallel Flight Technologies was founded by Joshua Resnick, Bobby Hulter, and David M Adams and has raised over $1.7 million since its founding. The current round of funding has a minimum target of $50,000 and a maximum target of $1,500,000. Parallel Flight Technologies has partnered with NASA and NSF and has received the SBIR grant.

Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Parallel Flight Technologies on Wefunder
Follow company
Follow Parallel Flight Technologies on Wefunder
INVEST NOW

Get access to the first and only premium analytics and rating platform that enables informed startup investments.

Become an Informed Investor