Elroy Air key facts
- Developer of autonomous vertical-takeoff-and-landing aircraft designed to feature rotor-based vertical takeoff and landing to wing-based cruise flight.
- It has raised $106.1M across 4 recorded rounds; the latest was Early Stage VC ($6.6M) in Oct 2024.
- Notable investors include Plug and Play Tech Center, Mana Ventures, Climate Capital, Gaingels, United States Department of War — 44 tracked in total.
- Elroy Air has filed 4 Form Ds with the SEC since 2020, most recently Nov 2024 ($6.6M sold to 112 investors).
- Status: Privately Held (backing).
Who backs Elroy Air
44+- ·The complete investor list: 44 names
- ·Watch Elroy Air: the Monday email on marks, rounds and moves
Elroy Air funding rounds
4 roundsHow much has Elroy Air raised?
Elroy Air has raised $106 million across 4 recorded rounds since 2020. The largest was a $6.8 million early-stage round in Mar 2020; the most recent was a $6.6 million early-stage round in Oct 2024.
Elroy Air has filed 4 Form Ds with the SEC since 2020, most recently in Nov 2024 ($6.6 million sold to 112 investors).
Elroy Air investors
44 investors are on record for Elroy Air, including Plug and Play Tech Center, Mana Ventures, Climate Capital and Gaingels. By type, the record holds 21 venture capital firms, 1 family office and 1 asset manager. The early-stage round in Oct 2024 drew 112 investors.
About Elroy Air
Developer of autonomous vertical-takeoff-and-landing aircraft designed to feature rotor-based vertical takeoff and landing to wing-based cruise flight. The company's delivery drones are focused on picking up a modular pod loaded with pounds of cargo and flying it a distance of miles providing immediate humanitarian aid and relief in regions with challenging infrastructure, enabling commercial shipping, defense, and humanitarian logistics sectors to expand express delivery options and ensuring rapid autonomous resupply.
- Sector
- Business Products and Services (B2B)
- HQ
- South San Francisco, CA, United States
- Founded
- 2016
- Employees
- 53
- Website
- elroyair.com/
- Ownership
- Privately Held (backing)
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Elroy Air doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.