DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Companies / Elroy Air, Inc.
Elroy Air, Inc.
At Elroy Air we develop autonomous heavy-cargo drones to enable delivery of critical cargo for defense, commercial, and rapid response.
Facts
- Year of incorporation
- unknown
- Revenue range (Form D)
- Decline to Disclosesec.gov
- Rounds on record
- 2
- Disclosed raised
- unknownsum of rounds with a disclosed amount only
- Named investors
- 4
Financing history
2 rounds
- Oct 31, 2024Form D equity offering · $6.6M (form d sold) · 112 investorsFact SEC EDGAR Form D data sets (quarterly) · “Elroy Air, Inc. filed Form D: $6,640,913 sold of $10,011,014, Other”
- Jan 16, 2024Form D equity offering · $48.9M (form d sold) · 38 investorsFact SEC EDGAR Form D data sets (quarterly) · “Elroy Air, Inc. filed Form D: $48,925,588 sold of $52,363,287, Other”
Investors on record
4 edges
- E14 Management, LLC portfolio listing Fact e14.vc
- Lockheed Martin Ventures portfolio listing Fact elroyair.com
- Script Capital Management, LLC portfolio listing Fact script.capital
- Shield Capital, LLC board only, Raj Shah (strongly supported) Inference sec.gov
People
3 officers, 6 directors
- Clinton Cope Executive Officer/Director sec.gov
- David Merrill Executive Officer/Director sec.gov
- Grant Newman Executive Officer sec.gov
- Darren Liccardo Director Fact
- Mark T. Esper Director Fact
- RAJ T. Shah Director Fact
- Raj Shah Director Inference
- Mislav Tolusic Director Fact
- Mark Esper Director Fact
Timeline
3
- Sep 16, 2026Elroy Air, Inc. no longer listed on Script Capital Management, LLC's portfolio pageRemoved from portfolio page Inference Venture organization websites (about, team, portfolio, thesis, news pages)
- Nov 18, 2024Elroy Air, Inc. filed Form D: $6,640,913 sold of $10,011,014, OtherForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Feb 6, 2024Elroy Air, Inc. filed Form D: $48,925,588 sold of $52,363,287, OtherForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
35 observations
Every observation on this company
- Description: At Elroy Air we develop autonomous heavy-cargo drones to enable delivery of critical cargo for defense, commercial, and rapid response. Sep 14, 2026 Fact Portfolio company websites (about, investors, press pages)
- Entity type: Corporation Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Corporation Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Other Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Other Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: overFiveYears Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: overFiveYears Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors named on site: 1 Sep 14, 2026 Fact Portfolio company websites (about, investors, press pages)
- Jurisdiction: DELAWARE Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $6.6M Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $48.9M Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $10.0M Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $52.4M Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2024-10-31 Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2024-01-16 Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 112 Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 38 Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 415 EAST GRAND AVENUE SUITE 201, SOUTH SAN FRANCISCO, CA, 94080 Nov 18, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 415 East Grand Ave Suite 201, South San Francisco, CA, 94080 Feb 6, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Listed on portfolio page: E14 Management, LLC Sep 16, 2026 Fact Venture organization websites (about, team, portfolio, thesis, news pages)
- Listed on portfolio page: Script Capital Management, LLC Sep 14, 2026 Fact Venture organization websites (about, team, portfolio, thesis, news pages)
- Listed on portfolio page: E14 Management, LLC Sep 13, 2026 Fact Venture organization websites (about, team, portfolio, thesis, news pages)
- Website status: ok Sep 14, 2026 Fact Portfolio company websites (about, investors, press pages)
- Site title: Elroy Air - Revolutionizing Express Shipping Sep 14, 2026 Fact Portfolio company websites (about, investors, press pages)