Fundraising Fox

VerdeGo Aero

Daytona Beach, US · Founded 2017 · Delaware corporation · 1 known investors

Find your way into VerdeGo Aero

32 people in our graph share verified history with the VerdeGo Aero team — schools, employers, funds. One of them is your warm intro.

Dr. Michael Nayakunlockedknows Erik Lindbergh · together at X PRIZE Foundation (overlapped)
×10knows the team · via X PRIZE Foundation
knows the team · via The Evergreen State College

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.

ELErik Lindbergh
Erik LindberghinExecutive 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.
EBEric Bartsch
Eric BartschinChief Executive Officer & Co-Founder
MMMatthew M. Thomas
Matthew M. ThomasinChief Financial Officer
RA
Richard AndersonNamed on SEC filing

Board

DS
David SpurlockBoard director
RD
Richard DussaultBoard director

Investors · 1

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 · 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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap

Companies competing with VerdeGo Aero for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase II2022$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.
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.