vRotors, Inc. on StartEngine

The future of drone racing

Raise to date: $36,686

Reporting Date: 06/30/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

03/24/2020

Stop Date

06/21/2020

Days Remaining

Closed

Security Type

Common Stock

Investment Minimum

$250

Deal Type

Deal to Watch


Investment Summary

Status

Confirmed Closed

# of Investors

87

% of Minimum Raised

367%

% of Maximum Raised

3%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$412

DPD* Category

$0

DPD* All Companies

$1,727

Kingscrowd Momentum

$36,686

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

vRotors, with a $5 million pre-money valuation, is raising funds on StartEngine. The company is the future of drone racing and allows users to race real drones remotely from home using their personal computers. The technology will help users to race drones without buying them and become eSports champions. vRotors was founded by Neil Malhotra and John Zuur Platten in 2018. The current round of crowdfunding of the company has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used to expand into hosting multiple tournaments simultaneously. vRotors generates revenue through viewing subscriptions, advertisement partnerships, and simulator. It is expected to grow well due to its disruptive technology and strong team.

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