GET A PIECE OF DRONEDEK
Embracing The Evolution Of An Autonomous Last Mile
$1,273,297.92 Raised
Reasons to Invest
- Autonomous and drone deliveries to Dronedek smart mailboxes may reduce delivery costs from $2 to $1, saving the shipping industry $1 billion every 11 days in the US (source).
- Total US online sales in 2021 were over $4.55 trillion, additionally daily global package volume reached 355+ million parcels in the most recently available data (source).
- Dronedek is leveraging decades of experience within its leadership from all walks of corporate America including General Motors (GM), FedEx, the United States Postal Service, small businesses, and the NFL.
OVERVIEW
Dronedek aims to disrupt the last mile of delivery
Dronedek secures the last inch of the last mile by facilitating autonomous delivery while offering our users complete package security and peace of mind. Autonomous delivery is the future and Dronedek interfaces with all forms of delivery from ground and aerial robotics to traditional manned delivery. However, what we found is there have been a number of challenges seeming to have kept autonomous delivery from being ubiquitous. We are overcoming those challenges by offering features such as charging stations, micro-weather and micro-climate data, and signal boosters for connectivity in some of our devices.
We utilize a platform-agnostic approach to consolidate and funnel deliveries (and pickups) from all carriers and services right to your Dronedek. A climate controlled interior means you can have food and medications shipped straight to you without having to worry. Dronedek is revolutionizing the last mile of delivery by unlocking quick, convenient, and eco-friendly deliveries to your home or business and keeping your packages safe.
*The above is a rendering of a future product. Images and video footage are computer generated demo versions. Product is still currently under development and is available for testing and pilots.
THE PROBLEM & OUR SOLUTION
Dronedek streamlines and secures that last inch of the last mile of delivery
Our findings revealed this could result in:
- Faster delivery
- Cheaper delivery
- Better delivery
- Fresher delivery
- Safer delivery
- More secure delivery
- Autonomous deliveries of all kinds
- Environmentally friendly delivery
It’s estimated that in 2021 roughly 210 million packages were stolen in the US (source).
Approximately 1.7 million packages are lost, stolen, or damaged daily in the US (source).
*The above is a rendering of a future product. Images and video footage are computer generated demo versions. Product is still currently under development and is available for testing and pilots.
Dronedek smart mailboxes consolidate all deliveries to one secure point and are adaptable to a wide range of delivery services. The Dronedek app:
- Controls opening and closing of the user door
- Alerts users to package arrivals
- Controls the interior heating and cooling
- Can trigger 9-1-1 and emergency alerts
Simple ground carrier package delivery to Dronedek
Product offerings include markets such as:
- Single family residences
- Multi-family residences
- Portable units
- Hospitals and medical campuses
- Businesses and business parks
- Restaurants
THE MARKET & OUR TRACTION
Our earliest research revealed a critical need for safe, fast, and secure delivery
91% of the 100+ million items shipped daily are 5 pounds or less making them "drone deliverable" (source).
On August 8th, 2022, we launched Phase 1 of our first pilot program alongside the city of Lawrence, Indiana (source). This launch included the world’s first delivery of First-Class mail by a traditional ground carrier to a Dronedek smart mailbox, and was featured both locally (source) and nationally (source).
Source: Seattle Times, Drone DJ, Freight Waves, Global Newswire, Venture Beat, Fly Zipline, Walmart, El Pollo Loco
According to our findings, trends are showing families and businesses order more online today more than ever. We believe there cannot be large-scale autonomous delivery programs of any kind without Dronedek smart receptacles in the ecosystem.
First ever First-Class mail delivery to Dronedek
WHY INVEST
Invest in Dronedek and the “mailbox of the future”
We envision our smart mailboxes as the center of your daily interactions with food, mail, and parcels. We aim to make our devices funnels to the last mile, in that piece of real estate where every delivery will start and end. We feel that a successful capital campaign may allow us to accelerate research, ramp up development, increase operations, expand our marketing, and continue to grow our team.
Join us on our journey to transform the way all delivery happens. Invest in the autonomous future of delivery, with Dronedek.
*The above is a rendering of a future product. Images and video footage are computer generated demo versions. Product is still currently under development and is available for testing and pilots.
ABOUT
HEADQUARTERS
7601 E. 88th Place, Building 3
Indianapolis, IN 46256
WEBSITE
View Site
Arrive by Dronedek’s patented receptacle is a smart mailbox that works with traditional, ground robotics, and drone delivery services. These devices are designed to protect and secure pickups and deliveries for businesses and consumers. Dronedek aims to bring speed, convenience, and security to the last inch of the last mile. The Company is pre-revenue but holds a robust patent and IP portfolio, including 111+ product design and feature claims, and we have begun field testing with customers. Our first utility patent, for secure drone delivery, beat big-name competitors by just 4 days.
TEAM
Daniel O'Toole
Founder | Chief Executive Officer | Chairman of the Board
Todd Pepmeir
Chief Financial Officer
Mark D. Hamm
Chief Operating Officer | Board Member
Neerav Shah
Chief Strategy Officer | Board Member
Torrey Bievenour
Chief Technology Officer
Fred Runco
Chief Commercial Officer
John Ritchison
Corporate Counsel | Board Member
Arthur G. Beriault
VP, Government Affairs | Board Member
Lora O'Toole
VP, Business Development
John Callan
Board Member
Kevin McAdams
Board Member
Bill Stafford
Board Member
TERMS
Dronedek
Overview
PRICE PER SHARE
$2.80
DEADLINE
Jul 7, 2023
VALUATION
$330.69M
FUNDING GOAL
$10k - $5M
Breakdown
MIN INVESTMENT
$2,492
MAX INVESTMENT
$123,998
MIN NUMBER OF SHARES OFFERED
3,571
MAX NUMBER OF SHARES OFFERED
1,785,714
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives & Bonuses*
Time-Based:
Invest within the first ten days and receive 20% bonus shares.
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Dronedek will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. Owner's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $2.80 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $280. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Salary payments made to one’s self, a friend or relative.
PRESS
ALL UPDATES
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
Jason Keller
3 months ago
I dont think im selling till at least 2030.
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Brian McKeown
3 months ago
Video link today ongoing, a glitch with Eventbrite Register here: https://www.eventbrite.com/e/arrive-investor-webinar-tickets-660473884167
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Brian McKeown
3 months ago
Having troubles joining the webinar from Eventbrite.
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Dronedek Team .
Dronedek
•
4 months ago
Hey Wesley, StartEngine will not allow for compiling investments to get to the minimum. We have asked and unfortunately, it’s not allowed. Thank you for being with US!
Dan
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Dronedek Team .
Dronedek
•
4 months ago
Thank you for asking. It is really premature to get into any specific discussions that were generally touched on. Know that we have always made it easy and attainable to be a shareholder in Dronedek/Arrive. We also want to deliver on the promise of what we have embarked on. To take investment is only the first part of the proposition. To deliver means getting all shareholders to liquidity. Stay tuned and I hope that we can further explain when we make a future announcement.
Thank you.
Dan
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W Kim Colich
4 months ago
Hi Dan, I've invested 3 times in this venture and I'm excited about its future. However, earlier this month you posted:
"…there are all kinds of considerations. One is called round lots. There is a parameter that states a company must have so many round lot shareholders (100 share blocks). And since we don’t know what the future holds and what form we may take in that moment, it is important to make sure that our shareholder roster will account for this. "
Although I understand your concern, this doesn’t seem to justify the raising of the minimum investment amount so drastically. That is, at a current share price of $2.80, a “100 share block” would mean investing $280. THAT is a reasonable minimum investment.
Setting the minimum investment at $2,492 would purchase 890 shares – which is over eight(8) of these “100 share blocks” you are concerned about for just one single investor. And this $2,492 figure doesn’t even yield an even number of “100 share blocks” (8.9 to be precise). THAT is an Unreasonable minimum investment.
And so I must say that this rationale you’ve offered for this change just doesn’t add up – frankly, the logic totally escapes me. Might you offer an explanation that makes more sense to those of us who really want to understand? Thanks for listening. Blessings
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Wesley Kotcher
4 months ago
Hello, was just curious if there was a way Startengine would allow me to increase my investment to the minimum of $2,500. I invested $1,250 last year before the minimum was raised and in previous rounds. I tried but it was only letting me do $2,500.
Since me investing another $1,250 to get up to the minimum wouldn't change the cap table I was just curious of Startengine had a way of allowing this.
Thanks!
Also the new design is great, it looks futuristic and functionable.
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Dronedek Team .
Dronedek
•
5 months ago
Really sorry to hear that. It’s was not meant to hurt anyone or curtail anyone’s opportunity to join our journey. In fact, we have allowed investments for as low as $100 in the past. The fact is, that as we grow and begin to position ourselves for the future; the hope of being public someday, there are all kinds of considerations. One is called round lots. There is a parameter that states a company must have so many round lot shareholders (100 share blocks). And since we don’t know what the future holds and what form we may take in that moment, it is important to make sure that our shareholder roster will account for this. Thank you for considering us. That means everything!
Dan
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Frederick Reed
5 months ago
I was interested, but not anymore...
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
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Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
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Dronedek Team .
Dronedek
•
a year ago
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