Zephyr Aerospace on Republic

A lie-flat airline seat for Economy Class travelers

Raise to date: $18,401

Reporting Date: 05/27/2020

Key Stats

Minimum Raise

$100,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

05/18/2020

Stop Date

08/10/2020

Days Remaining

74

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

129

% of Minimum Raised

18%

% of Maximum Raised

2%

Dollars Per Day to Reach Max

$14,211

DPD* Committed

$2,045

DPD* Category

$0

DPD* All Companies

$991

Kingscrowd Momentum

$18,401

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Zephyr Aerospace, with a $5 million valuation cap, is raising funds on Republic. The company has designed a lie-flat seat for the Economy Class of airlines. The patent-pending design is compliant with the social distancing norms and will ensure the comfort and privacy of the economy class travelers. The seat has multi-functional usage, including sitting upright, lounging, and lying completely flat. Zephyr Aerospace was founded by Jeff O’Neil in December 2018. The proceeds of the current crowdfunding campaign, with a minimum raise of $100,000 and a maximum raise of $1,070,000, will be used for R&D to pass certification by the Federal Aviation Association, design development, and sales. Zephyr Aerospace has a partnership with the award-winning aerospace design company Style & Design and is prepared to disrupt the airline industry.

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