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Elroy Air

Elroy Air

Private
Byron, CaliforniaFrontier & Industrial Techhttps://elroyair.com/

Last Round

PIPE

Jun 26, 2026

Est. Valuation

$965M

Total Funding Raised

$176.74M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Elroy Air is an aerospace company that develops autonomous vertical-takeoff-and-landing (VTOL) aircraft for middle-mile logistics in commercial shipping, defense, and humanitarian aid.

Sector

Frontier & Industrial Tech

Verticals

Aviation & Drones, Autonomous Vehicles, Defense Tech, Logistics Software, Supply Chain

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Subscription SaaS

AI Layer

Application

Keywords

autonomous cargo droneVTOLheavy-lift dronemiddle-mile logisticshybrid-electric aircraftautonomous flighteVTOLdefense techaerial deliveryautonomous logisticsdrone deliverysupply chain automationaerospace manufacturingmission planning softwareautonomous cargo handling

Historical Pricing

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Caplight Momentum Score

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Elroy Air Comparables

Compare Elroy Air with similar companies based on industry and business-model similarity.

Elroy Air comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Natilus
84%
Kaman Corporation
83%
Sabrewing Aircraft Company
82%

Elroy Air Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
PIPEJun 26, 2026
VC RoundJan 14, 2025
Series B ExtensionOct 31, 2024
VC RoundOct 1, 2024
Series BJan 16, 2024
Series A
Aug 3, 2021

Key People

Founding team and executive leadership

Buddy Michini

CTO

Executive Team

Elroy Air Investors

Notable investors and investment history

Elroy Air investors
InvestorRounds
122 West VenturesSeed
Viento VenturesSeries A
Marlinspike PartnersPIPE, Series A Extension, Series A, VC Round
Levitate CapitalVC Round, Series A, Series B Extension, Seed
Milano Investment PartnersVC Round, Series B Extension
TenOneTen VenturesSeries A
LemnosSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors grew 55% MoM, reaching 9.9K.

  • Jul 25, 2026

    Monthly visitors grew 67% MoM, reaching 6.4K.

Recent news

Latest coverage and updates

  • receives_financingSep 28, 2026

    Elroy Air received financing of $175M in public equity on Sep 24th '26.

  • has_valuationAug 28, 2026

    Elroy Air had valuation of $800M on Jun 1st '26.

  • is_developingAug 25, 2026

    Elroy Air is developing Chaparral on Mar 1st '25.

  • is_developingAug 20, 2026

    Elroy Air is developing Chaparral autonomous hybrid-electric vertical take-off and landing aircraft on Aug 17th '26.

  • launchesJul 29, 2026

    Elroy Air is planning to launch unattended delivery modes for Chaparral drone.

Elroy Air Filings

Explore SEC and related filing metadata, where available.

Elroy Air filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Elroy Air's valuation, stock price, and market status.

Is Elroy Air a public or private company?

Elroy Air is a private company.

What is the current stock price of Elroy Air?

Elroy Air is a private company with no public stock price. No recent secondary market data is available.

How much is Elroy Air worth (valuation)?

Valuation information for Elroy Air is not publicly available.

Can I buy Elroy Air stock?

Elroy Air shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Elroy Air's last funding round?

Elroy Air's most recent funding round was Series B Extension on October 31, 2024.

Who are the main investors in Elroy Air?

Key investors in Elroy Air include Shasta Ventures, Levitate Capital, Lockheed Martin Ventures, Haystack, Shield Investment.

Will Elroy Air IPO soon?

No public IPO plans have been announced for Elroy Air.

How can I track Elroy Air secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Elroy Air's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersByron, California
Employee Range49
Year Founded2016
Last FundingJun 26, 2026

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