Funding Details
- Awarder
- StartEngine
- Date Award
- June 13, 2024
- Vertical
- Autonomous Last Mile Delivery
- Funding URL
- View Funding Page
- Premoney Valuation
-
$330,690,000
Company Info
- Founding Year
- Not provided
- Traction
- The company has launched Phase 1 of its first pilot program in Lawrence, Indiana, which included the world’s first delivery of First-Class mail by a traditional ground carrier to a Dronedek smart mailbox. They are leveraging their technology to address the critical need for safe, fast, and secure delivery in the market.
- Organizations Involved
- General Motors (GM), FedEx, United States Postal Service, small businesses, NFL
- Founders
- Daniel O'Toole, Todd Pepmeir, Mark D. Hamm
- Company Description
- Arrive by Dronedek’s patented receptacle is a smart mailbox that works with traditional, ground robotics, and drone delivery services. These devices are designed to protect and secure pickups and deliveries for businesses and consumers. Dronedek aims to bring speed, convenience, and security to the last inch of the last mile. The Company is pre-revenue but holds a robust patent and IP portfolio, including 111+ product design and feature claims, and we have begun field testing with customers. Our first utility patent, for secure drone delivery, beat big-name competitors by just 4 days.
- Market
- Logistics
- Location
-
Indianapolis,
IN,
US
- Coinvestors
- None
Links