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VerdeGo Aero
Daytona Beach, US · Founded 2017 · Delaware corporation · 3 known investors
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VerdeGo Aero develops and manufactures hybrid-electric powerplant and propulsion systems that combine conventional fuels with electrified propulsion for electric aircraft and large drones. Its systems target both commercial and military aviation, powering aircraft such as eVTOL air taxis, HSVTOL military aircraft, and cargo and reconnaissance drones.
Founders & leadership
VerdeGo Aero was founded in 2017 by Erik Lindbergh.
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Erik LindberghExecutive Chairman, Co Founder,Erik Lindbergh is Director at VerdeGo Aero, which develops hybrid-electric propulsion systems for electric and autonomous aircraft including eVTOL air taxis and drones.
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Eric BartschChief Executive Officer & Co-FounderEric Bartsch co-founded VerdeGo Aero in 2017 and has led work in electric and hybrid-electric aircraft propulsion since 2008, including an early battery-electric fixed-wing aircraft program in 2013. He brings experience in general management and product development across multiple industries.
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Matthew M. ThomasChief Financial OfficerMatthew M. Thomas is an executive with background in organizational management, nonprofit leadership, and small business operations. He has held roles managing finance, team development, and organizational restructuring across church, nonprofit, and private sector environments.
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Richard AndersonNamed on SEC filing
Board
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David SpurlockBoard director
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Richard DussaultBoard director
Investors · 3
Also in the syndicate · 1
RTX Ventureslead
Funding
SEC filings, press & company announcements$13.7M disclosed across 6 of 7 rounds · 2017–2024
- Undisclosed amountSeries AMay 2023
RTX Ventures (lead)
Source ↗
▶$1.5MraisedJul 2024 · 1 investors · OtherRule 506(b)
▶$1.5MraisedJul 2024 · 1 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Eric BartschExecutive Officer, Director
- Richard DussaultDirector
- Erik LindberghDirector
- David SpurlockDirector
- Richard AndersonExecutive Officer, Director
- Matthew M. ThomasExecutive Officer
- Offering amount
- $1.5M
- Amount sold
- $1.5M
- First sale
- Jun 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2MraisedJul 2024 · 7 investors · OtherRule 506(b)
▶$2MraisedJul 2024 · 7 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Eric BartschExecutive Officer, Director
- Erik LindberghDirector
- Richard AndersonExecutive Officer, Director
- David SpurlockDirector
- Richard DussaultDirector
- Matthew M. ThomasExecutive Officer
- Offering amount
- $3.5M
- Amount sold
- $2M
- First sale
- Jul 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$9.4MraisedAug 2022 · 17 investors · OtherRule 506(b)
▶$9.4MraisedAug 2022 · 17 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Erik LindberghDirector
- Eric BartschExecutive Officer, Director
- Richard AndersonExecutive Officer, Director
- David SpurlockDirector
- Richard DussaultDirector
- Offering amount
- $9.4M
- Amount sold
- $9.4M
- First sale
- Aug 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$350KraisedMay 2021 · 4 investors · Other TechnologyRule 506(b)
▶$350KraisedMay 2021 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Richard Pat AndersonExecutive Officer, Director
- Erik Robbins LindberghExecutive Officer, Director
- Eric Richard BartschExecutive Officer, Director
- Offering amount
- $1.5M
- Amount sold
- $350K
- First sale
- Apr 2021
- Incorporated
- Corporation, Florida, 2017
- Federal exemptions
- 06b
▶$305.9KraisedJun 2019 · 3 investors · Other TechnologyRule 506(b)
▶$305.9KraisedJun 2019 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Richard Pat AndersonExecutive Officer
- Erik Robbins LindberghExecutive Officer
- Eric Richard BartschExecutive Officer
- Offering amount
- $2.5M
- Amount sold
- $305.9K
- Minimum investment
- $1K
- Proceeds to insiders
- $600K
- First sale
- May 2018
- Incorporated
- Corporation, Florida, 2017
- Federal exemptions
- 06b
▶$90KraisedAug 2017 · 5 investors · Other TechnologyRule 506(b)
▶$90KraisedAug 2017 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Eric Richard BartschExecutive Officer
- Richard Pat AndersonExecutive Officer
- Erik Robbins LindberghExecutive Officer
- Offering amount
- $500K
- Amount sold
- $90K
- Minimum investment
- $1K
- First sale
- Aug 2017
- Incorporated
- Corporation, Florida, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 3
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ElectraElectra develops hybrid-electric aircraft for short-distance regional aviation. The company designs sustainable aircraft to enable direct air travel to underserved communities.
Companies working in the same space as VerdeGo Aero.
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| U.S. Air ForceAir Force | Phase II | 2022 | $1.2M |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
In the news
Frequently asked questions
- What does VerdeGo Aero do?
- VerdeGo Aero develops and manufactures hybrid-electric powerplant and propulsion systems that combine conventional fuels with electrified propulsion for electric aircraft and large drones. Its systems target both commercial and military aviation, powering aircraft such as eVTOL air taxis, HSVTOL military aircraft, and cargo and reconnaissance drones.
- Who founded VerdeGo Aero?
- VerdeGo Aero was founded by Erik Lindbergh in 2017.
- Who are VerdeGo Aero's investors?
- VerdeGo Aero's investors include DiamondStream Partners, Florida Opportunity Fund.
- How much funding has VerdeGo Aero raised?
- VerdeGo Aero has disclosed $13.7M raised across 6 of its 7 known rounds.
- Where is VerdeGo Aero headquartered?
- VerdeGo Aero is headquartered in Daytona Beach, US.