Hylio, Inc. offering is now closed and is no longer accepting investments.
INVEST IN HYLIO, INC. TODAY!
Autonomous drones for precision agriculture
$1,039,370.55 Raised
REASONS TO INVEST
Hylio is at the intersection of the Agricultural Equipment Market ($139B in 2018), Global Drone Market ($43B by 2024), Agtech Market ($22B by 2025), and the Precision Agricultural Market ($11B by 2025)
We have customers across 6 countries, including the Government of El Salvador, Texas A&M, RiceTec, Mitre Corporation, AgEagle, King Ranch, and 21st Century Equipment. Hylio's YoY sales have been growing at a 347.25% average rate since 2019.
Hylio has developed revolutionary, proprietary technology assets in-house; including the industry leading drone control software AgroSol
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Hylio designs and offers Unmanned Aerial Systems (UAS) that automate precision crop treatment processes. Hylio’s AgroDrones have already treated tens of thousands of acres across the globe and our customer base is rapidly growing. Our integrated hardware/software solution transforms the way that farmers are able to care for their crops.
Our goal is to create a world where farming is incredibly productive, always sustainable, and completely automated.
We are proudly American owned and operated.
The Problem
Food production must double by 2050 to meet the demand of the world’s growing population
In order to prevent starvation on a global scale, we need to produce more, with less. Traditional farming methods simply cannot keep up with the rapidly increasing need for more food. (source)
This is a compounding problem; our growing population requires more land to live on, reducing the amount of land that can be used for food production. This means that we must become far more efficient with each acre that we farm.
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Current Farming Methods Won’t Cut It
Current crop care methods are dangerous, imprecise, and inefficient. These antiquated techniques and technologies must be replaced with smarter tools in order for us to sustainably produce enough food on fewer and fewer acres.
The Solution
Autonomous AgroDrones that make precision agriculture easy and accessible
Unlike traditional methods, our platforms can intelligently identify and then specifically treat problem areas. Using Hylio’s AgroDrones, producers can dramatically reduce waste while simultaneously improving yields.
 |  |  |
DIAGNOSE | PRESCRIBE | TREA |
| Identify problem areas using data gathered from sensors | Automatically convert data to an action plan using Hylio’s AgroSol ground control software | Just click “Takeoff” to deploy a fleet of autonomous drones to apply precision treatment. |
The Market
Capturing sizable portions of rapidly growing global markets
Hylio's triple market opportunity is estimated to be worth a total of $204B by 2025. The Agricultural Equipment market was valued at $139 Billion in 2018 and is expected to grow at a rate of 8.9% CAGR. The Agricultural Technology market is expected to reach $22B by 2025 and the Global Drone Market is anticipated to grow to $43 Billion by 2024.
VC investment into ag-tech has grown 75% since 2014. Recent improvements in the market infrastructure and a growing recognition of food scarcity problems is driving capital to the sector.
Our Traction
Many customers are already utilizing Hylio’s systems.
Our customers include family farms, universities, governments, other agtech businesses, and large scale agricultural production companies. Hylio’s technology is powerful and flexible enough to fill an important role in nearly every ag-production operation, regardless of size.
Technology & Products
Robust hardware systems that have logged thousands of real working hours
Industry-leading software that includes intuitive planning, autonomous fleet control, and artificial intelligence
Regulations
- FAA Part 44807 certifications on aircraft
One of 39 organizations in the USA that have an FAA Part 137 certification for UAS crop spraying
What We Do
We created a crop-spraying drone system that is extremely easy to use and reliable
Our mission is to make farming easier and more successful for everyone.
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POWERFUL HARDWARE
Our systems are efficient, rugged, and reliable. The AgroDrones are simple to deploy; an entire fleet can be up and running in a matter of minutes. Redundant GPS systems and altimetry sensors ensure that the UAS maintain precise routing. Millimeter-wave radars can detect and avoid objects as small as wire fencing.
INTELLIGENT SOFTWARE
Through the AgroSol interface, you can import crop data which is used to automatically generate targeted missions for the AgroDrones. This data can be gathered by tools such as machine learning and multispectral sensors. Producers save time and money by targeting the problem areas with pinpoint accuracy.
EASY PLANNING
Create your own missions OR import prescription maps
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The Business Model
Turn-key robotic solutions that integrate hardware, software, and services seamlessly.
We offer varied models and pricing structures that fit customer needs
Upfront Purchase
How We Are Different
Hylio has already commercialized its products and has paying users
While other companies in the space rely on 3rd party products for control and mission generation, Hylio owns and develops its core technology in-house. This IP is extremely valuable in a world where effective control of autonomous robotics is becoming increasingly important.
We have already commercialized our products and have paying users whose real-world feedback helps ensure that Hylio products always maintain the edge within the industry.
Hylio’s software allows for truly autonomous fleet control from a central computer (laptop, tablets included). Customers of other UAS platforms (such as DJI) frequently report operational issues in the field such as poor GPS connection and crashing software. Hylio designed its systems to work reliably in even the most challenging environments. Hylio’s technology does not need the internet to function and can operate in GPS-denied areas if need be.
Customer service is a top priority for Hylio. We ensure that our customers are able to email, call, or video chat a real human being when they have questions or need technical assistance.
The Vision
We envision a world where humanity's food production is completely automated
2021-2022 PRODUCT GOALS:
Expand Machine Learning Tools
Completely automated charging/filling
Expand Pest Identification
Intelligent crop data forecasting
Instead of having to perform dangerous and tedious manual tasks, farmers can focus on strategizing and making creative decisions. Agricultural workers who traditionally performed repetitive, labor-intensive roles can now focus on optimizing and innovating farming practices. We will see an exponential increase in food production worldwide from this explosion of strategic contributions.
Why Invest
Hylio has already proven itself as a leader in the precision agriculture revolution
With primarily bootstrapped funding, we have already managed to make tremendous strides in technological development, product design, and commercialization. We plan to use this capital to exponentially accelerate our rate of innovation, allowing more producers to access our solutions, sooner. By continuing to offer game-changing products, technologies, and services, we intend to cement ourselves as a premier provider of critical precision agriculture tools
We hope to generate business with more companies and producers around the world; making us an incredibly resilient and attractive corporate investment. By investing in Hylio, you have a chance to contribute to technology that can have a positive impact on the Earth and its people.
oUR TEAM
A diverse collection of professionals from multiple industries who all contribute valuable perspectives
Not only does our team include technology experts from engineering, computer science, and business backgrounds, but many on our team also have grown up living and working in the ag sector. We have farmers, ranchers, ag-chemical applicators, and agronomists that ensure that our products live up to the needs and desires of the ag production industry.
ABOUT
HEADQUARTERS
1020 Agnes Road
Richmond, TX 77469
WEBSITE
View Site
Hylio develops and offers innovative drone systems that completely automate precision agriculture processes. Using Hylio’s technology, farmers/producers can now apply crop treatments directly to problem areas, allowing farmers to increase yields by addressing pests and deficiencies with more accuracy and efficacy.
TEAM
Arthur Erickson
CEO/Co-Founder
Nikhil Dixit
CTO/Co-founder
Mike Oda
CFO/Co-Founder
Nicholas Nawratil
COO/Co-Founder
Elisabeth Veerman
Head of Marketing & Media
Salvador Ramirez
Director of Operations
Carlos Mercado
Director of Sales
TERMS
Hylio, Inc.
Overview
PRICE PER SHARE
$3.50
DEADLINE
Jan 6, 2022
VALUATION
$35M
AMOUNT RAISED
$1,039,370.55
Breakdown
MIN INVESTMENT
$199.50
MAX INVESTMENT
$106,995
MIN NUMBER OF SHARES OFFERED
2,857
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
305,713
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Hylio, Inc. |
Corporate Address | : | 1020 Agnes Road, Richmond, TX 77469 |
Offering Minimum | : | $9,999.50 |
Offering Maximum | : | $106,995.00 |
Minimum Investment Amount(per investor) | : | $199.50 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 2,857 |
Maximum Number of Shares Offered | : | 30,570 |
Price per Share | : | $3.50 |
Pre-Money Valuation | : | $35,000,000.00 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based
Friends and Family Early Birds
Invest within the first 72 hours and receive an additional 15% bonus shares.
Super Early Bird Bonus
Invest within the next 72 hours and receive an additional 10% bonus shares.
Early Bird Bonus
Invest within the next 7 days and receive an additional 5% bonus shares.
Investment Incentives and Bonuses*
Amount-Based:
$500+
T-Shirt
$1,000+
T-Shirt and Hat
$2,500+
T Shirt & Hat + Access to a Hylio Investor Community Slack Channel; 5% bonus shares
$10,000+
T-Shirt & Hat + Access to a Hylio Investor Community Slack Channel; 10% bonus shares
$75,000+
T-Shirt & Hat + Access to a Hylio Investor Community Slack Channel; 15% bonus shares;15% discount on purchase of Hylio UAS kit OR dinner with a Founder (with travel expenses paid up to a limit of $1,500.00)
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Hylio Inc., 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 Class B Common Stock at $3.50 / share, you will receive 110 shares of Class B Common Stock, meaning you'll own 110 shares for $350. 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 cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
ALL UPDATES
01.05.22
ONLY 10 HOURS LEFT
Here is a brief message that I want to share with you all:
Thank you!
CEO and Co-Founder at Hylio
01.05.22
HOURS LEFT
Hylio’s fundraising campaign will come to a close this evening. We have less than $10K to go to reach our goal of $1.07M. With limited space left, now is your last chance.
LAST CHANCE TO INVEST
HELP US HIT OUR GOAL!
01.05.22
Hylio Tech Highlight: Drone Swarming
Hylio’s flagship software, AgroSol, is a ground control platform that allows users to easily command fleets of autonomous AgroDrones. AgroSol was built from the ground up to smoothly handle multiple, connected drones while they perform synchronized tasks. Check out the brief video below to see how simple it is for our customers to assign and execute spray jobs using multiple drones simultaneously.
CLOSING SOON: Invest in our industry leading software today!
01.04.22
Hylio Team Highlight: Elisabeth Veerman
What is your role at Hylio?
I am the Head of Marketing and Media at Hylio. I get to work on all things media from creating video campaigns to designing the website.
What do you find interesting about your work at Hylio?
Hylio has been an awesome company to work with. The team is incredibly innovative and hardworking. They are always trying to push things to the next level; it’s been a fun challenge and has been really rewarding to help portray their vision through our media and graphics.
What do you do in your spare time?
I really enjoy off-road trail biking and going on hikes with my dogs. It gets insanely hot here in Texas so getting to travel to states with cooler weather and amazing national parks is always something I look forward to.
Only 1 day left in Hylio’s fundraising campaign!
Help us reach more farmers by investing in Hylio today.
01.03.22
OVER $1M RAISED!
This is a MASSIVE milestone for any company. With just two days left in our campaign, we’ve crossed the $1M threshold. Thanks to this capital, we’ll be able to continue leading the precision agriculture charge in 2022 and beyond.
There are many, many exciting opportunities and challenges ahead. I am confident that our talented team will continue to deliver powerful hardware, sleek software, and exemplary customer service. This $1M is just one of many milestones that the Hylio team will surpass.
You, our investor community, are integral to our success. Please, continue to support us as we grow to new heights.
Thank you all,
ONLY TWO DAYS LEFT TO INVEST
JOIN HYLIO BEFORE THE CAMPAIGN ENDS
01.02.22
1000+ HYLIO INVESTORS
We are proud to announce that more than 1000 people have invested in Hylio through StartEngine! We are thankful to have so many supporters onboard for Hylio’s start-up journey. With just a few days left in our campaign, we’re hoping to grow our community even more.
3 DAYS LEFT IN HYLIO’S CAMPAIGN
JOIN 1000+ OTHER INVESTORS AND INVEST IN HYLIO TODAY!
12.31.21
Hylio Team Highlight: Zack Nemeroff
What is your role at Hylio?
I’m a front end software developer currently building the new AgroSol GCS app to interact with the Hylio AgroDrone platform. Lately, my focus has been on improving app performance and creating exceptional user experiences.
What do you find interesting about your work at Hylio?
I find the aerospace industry really fascinating, and I’m excited to be working on such a unique tech as autonomous agro drones! I also dig that my role gives me creative freedom with UI/UX.
What do you do in your spare time?
I’m an avid skier and snowboarder and I live for Colorado winters! In a previous career I was a professional fire performer specializing in contact fire staff spinning and fire eating
Hylio team members are building the ag-tech of the future.
Support this innovation by investing in Hylio!
12.30.21
More than $900K Raised! 6 days remaining.
Thanks to your contributions, we have raised over $120K in the past 14 days! Thank you all for your support in our company and vision. To wrap up the year, we want to share a snapshot of Hylio’s 2021 financial milestones:
We’re very proud to have nearly doubled our sales from last year! Much of this growth can be attributed to significant expansion of our US market share. We saw more than 200% growth in US sales.
We plan on deploying resources to continue generating powerful growth YoY. Your contributions help us grow faster!
LET’S FINISH STRONG.
Invest in Hylio today and help us reach our goal!
12.29.21
Final Week of Hylio’s Campaign!
With only 7 days left in our fundraising campaign, the time to invest is now.
Hylio’s US-based sales have grown over 200% from last year. Demand for precision agriculture technology is climbing everyday!
You can help us grow.
Invest in Hylio before our campaign closes!
12.28.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Hylio, Inc. has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Hylio, Inc. be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
REWARDS
$199
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500
$500+
T-Shirt
$1,000
$1,000+
T-Shirt & Hat
$2,500
$2,500+
T Shirt & Hat + Access to a Hylio Investor Community Slack Channel; 5% bonus shares
$10,000
$10,000+
T-Shirt & Hat + Access to a Hylio Investor Community Slack Channel; 10% bonus shares
$75,000
$75,000+
T-Shirt & Hat + Access to a Hylio Investor Community Slack Channel; 15% bonus shares;15% discount on purchase of Hylio UAS kit OR dinner with a Founder (with travel expenses paid up to a limit of $1,500.00)
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
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