Elroy Air

  • Total Funding$56 M

OverviewSuggest Edit

Elroy Air is a company that designs and provides aircraft systems. It intends to help deliver heavy cargo over long distances.
TypePrivate
Founded2016
HQSouth San Francisco, CA, USMap
Websiteelroyair.com

Recent NewsAll News

Latest Updates

Employees (est.) (Aug 2022)65(+2%)
Revenue (Y, 2021)$1 B
Cybersecurity ratingAMore
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Key People/Management at Elroy Air

David Merrill

David Merrill

CEO and Co-Founder
Clint Cope

Clint Cope

President and Co-Founder
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Elroy Air Office Locations

Elroy Air has an office in South San Francisco
South San Francisco, CA, US (HQ)
415 E Grand Ave. Suite 201
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Elroy Air Financials and Metrics

Summary Metrics

Founding Date

2016

Elroy Air total Funding

$56 m

Elroy Air latest funding size

$40 m

Time since last funding

a year ago

Elroy Air investors

Shasta Ventures, Homebrew, Haystack, Amplify Partners, Precursor Ventures, Catapult Ventures, Levitate Capital, Shield Capital Partners, Lemnos, Prosperity7 Ventures, 122West, Marlinspike Capital, DiamondStream Partners, Side X Side Management
Elroy Air's latest funding round in August 2021 was reported to be $40 m. In total, Elroy Air has raised $56 m
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Elroy Air Revenue

Elroy Air's revenue was reported to be $1 b in Y, 2021
USD

Revenue (Y, 2021)

1.0b
USDY, 2021E

Revenue

1.0b
show all
USDY, 2021

Revenue/Employee

34.3m
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Elroy Air Operating Metrics

Feb, 2021Jul, 2022

Patent Applications (US)

37

Patents (US)

23

Trademark Applications (US)

2

Trademarks (US)

23

Elroy Air Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

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Elroy Air Online and Social Media Presence

Elroy Air's Trends

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Elroy Air News and Updates

July 13, 2022

Bristow Group Chooses Elroy Air Autonomous Cargo Drones To Enter New Markets

Bristow Group and Elroy Air announced Wednesday they have signed a letter of intent for Bristow to pre-order 100 Elroy Air Chaparral pilotless hybrid-electric cargo vertical takeoff and landing (VTOL) aircraft.
January 26, 2022

Company Named For Jetsons Son Unveils Autonomous Cargo EVTOL Drone Of The Near Future

Elroy Air’s Chaparral is an autonomous, hybrid electric vertical take off and landing drone designed to pick up a pod loaded with 300-500 pounds of cargo, fly it to a destination as far as 300 miles then drop it off, ready to pick up another load. Forbes
August 04, 2021

Autonomous cargo drone startup Elroy Air lands $40M Series A

Elroy Air has raised a $40 million Series A, including financing from Lockheed Martin’s venture capital arm, to ramp up the build, testing and validation of its inaugural autonomous cargo drone. The funding round saw participation from Marlinspike Capital and Prosperity7, as well as existing investo…
February 18, 2021

Elroy Air Expands Partnership with US Air Force to Advance its Chaparral VTOL Platform to Acquisitions

Elroy Air, an aerospace and logistics company developing Vertical Take-Off and Landing (VTOL) aerial cargo systems, announced that it has won a Phase 3 Small Business Innovation Research (SBIR) contract with Agility Prime, a non-traditional program in the US Air Force seeking to accelerate the comme…
January 29, 2021

Elroy Air joins NASA’s Advanced Air Mobility National Campaign

NASA has added another vehicle partner to its Advanced Air Mobility (AAM) National Campaign: San Francisco-based Elroy Air, developer of the Chaparral autonomous VTOL cargo drone
August 28, 2019

Elroy Air’s autonomous aircraft can carry over 250 pounds of cargo

Elroy Air, a San Francisco startup developing drones intended to carry commercial payloads, has successfully completed a test flight.
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 Elroy Air Frequently Asked Questions

  • When was Elroy Air founded?

    Elroy Air was founded in 2016.

  • Who are Elroy Air key executives?

    Elroy Air's key executives are David Merrill and Clint Cope.

  • How many employees does Elroy Air have?

    Elroy Air has 65 employees.

  • What is Elroy Air revenue?

    Latest Elroy Air annual revenue is $1 b.

  • What is Elroy Air revenue per employee?

    Latest Elroy Air revenue per employee is $15.4 m.

  • Who are Elroy Air competitors?

    Competitors of Elroy Air include Alpi Aviation, Glasair Aviation USA and GAL.

  • Where is Elroy Air headquarters?

    Elroy Air headquarters is located at 415 E Grand Ave. Suite 201, South San Francisco.

  • Where are Elroy Air offices?

    Elroy Air has an office in South San Francisco.

  • How many offices does Elroy Air have?

    Elroy Air has 1 office.