Funding Details
- Awarder
- StartEngine
- Date Award
- April 04, 2023
- Vertical
- Drone Technology
- Funding URL
- View Funding Page
- Valuation
-
$22,000,000
Company Info
- Founding Year
- 2018
- Traction
- blueflite has been live and operating for more than 4 years, raised over $3.4 million in grants & funding, and has an annual turnover exceeding $1 million as of October 2022.
- Revenue Amount
-
$1,000,000,000,000
- Organizations Involved
- McKinsey & Company, Morgan Stanley
- Founders
- Dr. Frank Noppel, James McClearen, Nicholas Underwood
- Company Description
- blueflite is revolutionizing the logistics industry with intelligent delivery drones that are designed to fly in any weather condition. Their patented delivery drones, proprietary logistics software, and intelligent in-flight control algorithm offer a sustainable and efficient solution for global logistics challenges. The company aims to make logistics safer, more cost-effective, and environmentally friendly.
- Market
- Logistics
- Location
-
Brighton,
MI,
US
- Coinvestors
- StartEngine Capital, LLC
Links