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Elroy Air

Elroy Air

Private
Byron, CaliforniaMobility, Transportation & Logisticshttps://elroyair.com/

Last Round

PIPE

Jun 26, 2026

Est. Valuation

$965M

Total Funding Raised

$176.74M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Elroy Air is an aerospace company that develops autonomous vertical-takeoff-and-landing (VTOL) aircraft for middle-mile logistics in commercial shipping, defense, and humanitarian aid.

Sector

Mobility, Transportation & Logistics

Verticals

Aviation & Drones, Autonomous Vehicles, Defense Tech, Logistics Software, Supply Chain

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Subscription SaaS

AI Layer

Application

Keywords

autonomous cargo droneVTOLheavy-lift dronemiddle-mile logisticshybrid-electric aircraftautonomous flighteVTOLdefense techaerial deliveryautonomous logisticsdrone deliverysupply chain automationaerospace manufacturingmission planning softwareautonomous cargo handling

Historical Pricing

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Caplight Momentum Score

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Elroy Air Comps

Public and private peers based on sector, stage, and business model.

Elroy Air comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Elroy Air Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
PIPEJun 26, 2026
VC RoundJan 14, 2025
Series B ExtensionOct 31, 2024
VC RoundOct 1, 2024
Series BJan 16, 2024
Series A
Aug 3, 2021

Key People

Founding team and executive leadership

Buddy Michini

CTO

Executive Team

Elroy Air Investors

Notable investors and investment history

Elroy Air investors
InvestorRounds
122 West VenturesSeed
Viento VenturesSeries A
Shasta VenturesSeries A, Seed
Marlinspike PartnersPIPE, Series A Extension, Series A, VC Round
Levitate CapitalVC Round, Series A, Series B Extension, Seed
Milano Investment PartnersVC Round, Series B Extension
TenOneTen VenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 26, 2026

    $165M raised with Inflection Point Acquisition Corp. leading.

  • Mar 11, 2026

    Selected for the U.S. Department of Transportation's eVTOL Integration Pilot Program.

Elroy Air Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Elroy Air Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Elroy Air's valuation, stock price, and market status.

Firmographic Details

HeadquartersByron, California
Employee Range45
Year Founded2016
Last FundingJun 26, 2026

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