About Elroy Air
Elroy Air is a company based in San Francisco (United States) founded in 2016 by Clint Cope and David Merrill. Elroy Air has raised $116.15 million across 6 funding rounds from investors including Lemnos, Catapult Ventures and DiamondStream Partners. The company has 24 employees as of December 31, 2024. Elroy Air operates in a competitive market with competitors including DJI, Ehang, Joby Aviation, Zipline and Wisk, among others.
- Headquarter San Francisco, United States
- Employees 24 as on 31 Dec, 2024
- Founders Clint Cope, David Merrill
-
Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Elroy Air
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$116.15 M (USD)
in 6 rounds
-
Latest Funding Round
$6.64 M (USD), Series B
Oct 31, 2024
-
Investors
Lemnos
& 16 more
-
Employee Count
24
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Elroy Air
Unlock access to complete
Funding Insights of Elroy Air
Elroy Air has successfully raised a total of $116.15M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $6.64 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Elroy Air
Elroy Air has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Lemnos, Catapult Ventures and DiamondStream Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage investments are made in technology-driven startups by Catapult Ventures.
|
Locked | Locked | Locked | |
|
DiamondStream Partners is focused on investing in mobility transformation companies.
|
Locked | Locked | Locked | |
|
Investment services are provided in technology-focused venture capital and public securities.
|
Locked | Locked | Locked |
Investor details for Elroy Air
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Elroy Air
Investment portfolio details for Elroy Air
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Elroy Air
Detailed financials for Elroy Air
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Elroy Air Comparisons
Peer comparison for Elroy Air
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Elroy Air
Elroy Air operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DJI, Ehang, Joby Aviation, Zipline and Wisk, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Multi-utility drones are developed for agriculture and filmmaking sectors.
|
|
| Locked | Locked | Locked |
Autonomous aerial vehicles are provided for consumer and commercial uses.
|
|
| Locked | Locked | Locked |
Joby Aviation is focused on electric aerial ridesharing solutions.
|
|
| Locked | Locked | Locked |
Drones are operated for on-demand delivery of medical supplies.
|
|
| Locked | Locked | Locked |
Autonomous electric eVTOL vehicles are developed for passenger air transport.
|
|
| Locked | Locked | Locked |
Electric vertical takeoff and landing aircraft are developed.
|
Detailed competitors of Elroy Air
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Elroy Air
Complete news archive for Elroy Air
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elroy Air
Elroy Air was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Elroy Air is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
David Merrill is the current CEO of Elroy Air. They have also founded this company.
Elroy Air is a funded company, having raised a total of $116.15M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Elroy Air is 24.
Elroy Air was founded in 2016 in San Francisco, United States, within the aerospace and logistics sector. Autonomous aircraft systems for cargo delivery are engineered, including a prototype with rotor-based vertical takeoff and landing, fixed-wing cruise capabilities, and a hybrid powertrain. Operations emphasize route optimization, fuel efficiency improvements, and logistics enhancements in urban environments, with features supporting accurate and safe deliveries.
Elroy Air has 17 investors. Key investors include Lemnos, Catapult Ventures, DiamondStream Partners, Side X Side, and Precursor Ventures.