# Elroy Air

**Source:** https://www.startuphub.ai/startups/elroy-air
**Profile type:** Startup

> Develops autonomous hybrid-electric VTOL cargo aircraft for middle-mile logistics and defense.

## About

Elroy Air is an aerospace and logistics company developing autonomous vertical takeoff and landing (VTOL) aerial cargo systems. Their Chaparral aircraft is designed for middle-mile express commercial shipping and defense logistics, capable of carrying significant payloads over long distances without requiring airport infrastructure.

## Key facts

- **Slug:** elroy-air
- **Website:** https://elroyair.com/
- **Location:** San Francisco, United States
- **Founded:** 2016-11-01
- **Employees:** 45
- **Operating status:** Active
- **Total funding:** $99M
- **Sectors / tags:** Aerospace, Logistics, Autonomous Vehicles, Drone Technology, Defense Tech, Commercial Shipping, VTOL Aircraft, Hybrid-Electric Aircraft, Middle-Mile Logistics, Cargo Drones
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/elroy-air

## Frequently asked

### What does Elroy Air do?

Elroy Air is an aerospace and logistics company developing autonomous vertical takeoff and landing (VTOL) aerial cargo systems. Their Chaparral aircraft is designed for middle-mile express commercial shipping and defense logistics, capable of carrying significant payloads over long distances without requiring airport infrastructure.

### What is Elroy Air's revenue?

StartupHub estimates Elroy Air's annual revenue at $19.8M (range $10.5M to $33.1M, 72% confidence), based on comparable companies in the sector.

### What is Elroy Air's valuation?

StartupHub estimates Elroy Air's effective valuation at $371.9M (range $248.0M to $595.2M, 14% confidence), based on comparable companies in the sector.

### How much funding has Elroy Air raised?

Elroy Air has raised a total of $99M in funding. The most recent round on record is Series B.

### Where is Elroy Air headquartered?

Elroy Air is headquartered in San Francisco, United States.

### When was Elroy Air founded?

Elroy Air was founded in 2016.

### What industry does Elroy Air operate in?

Elroy Air operates in Aerospace, Logistics, Autonomous Vehicles, Drone Technology, Defense Tech, Commercial Shipping.

### How many employees does Elroy Air have?

Elroy Air has approximately 45 people on record.

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