The Up Sonder offering is now closed and is no longer accepting investments.

Up Sonder

Connecting the world to drone services.

Up Sonder

Connecting the world to drone services.

Los Angeles, CA
Software & Services
Professional Services
Up Sonder connects businesses and individuals to professional drone services through a national marketplace. Today, Up Sonder lets customers easily and quickly hire a drone pilot. In the future, it is working to offer the public simple, one-click access to autonomous drone services that are supported by a network of charging pads. Its mission is to make drone services open to and simple for all.

$309,682

raised
$357,045
previously crowdfunded
454
Investors
$5.5M
Valuation
$0.15
Price per Share
$279.00
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$309,682

raised
$357,045
previously crowdfunded
454
Investors
$5.5M
Valuation
$0.15
Price per Share
$279.00
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on November 27, 2021 and is no longer accepting investments.

Reasons to Invest

Commercial drone industry is set to double by 2025
Actively designing and developing charging infrastructure for a network of autonomous drones based on proprietary technology
A diverse and talented team with expertise in the commercial drone industry, software, marketing, and finance and experience with the military, defense contractors, and NASA

gif

The Problem


Drone services are not readily accessible to most people 

Complexity and energy limitations limit access to drone services for most of the public.


Drone services are fragmented, leaving potential users with difficult questions on regulations, insurance, trustworthy resources, and finding qualified drone pilots. Further impeding access are the battery power limitations of drones, which restrict flight times.

These findings are based on internal management research.

Currently, the industry is focused on closed-boxed solutions that do little for the average person, present a fragmented solution to businesses, and further complicate the use of drone technologies. 

The Vision


Leading the charge in bringing drones to everyday life

Over the next few years, Up Sonder plans to transition from its current human-driven network (Marketplace 1.0) to a completely autonomous one by building the first autonomous drone charging network (Marketplace 2.0).

gif

This network will extend the flight time and coverage area of autonomous drones. It will expand the availability of drone services to many more geographies, enabling more users to access drones and acquire their services in much shorter time frames.


Ultimately, our mission is to open access to drones services for all while addressing the industry-wide issue of flight time and power sources.

The computer generated image is for illustration purposes only, actual product is in development and final result may differ.

The Solution


One-click access to autonomous drone services

In order to achieve its goal of connecting the world to drone services, Up Sonder is developing a network infrastructure for autonomous drones. Businesses and individuals will be able to access this network to execute service requests for everything from deliveries to inspections.


Marketplace 1.0

Up Sonder’s current offering, Marketplace 1.0, is helping the company identify demand trends and optimize a solution for connecting the world to drone services. Working within existing regulations and laws, clients can hire certified drone pilots near their project site to collect aerial data. Pilots arrive with a commercial drone and handle all flight details and data collection, keeping the entire process simple for the client.


Customers have two options: 

  1. Through direct contracts, Up Sonder’s team finds and manages the best pilot for their project. This full service option includes the dedicated services of a project manager until the assets are delivered, payments are received, and the mission is closed out.

  2. Through a self service model, clients can search and book services through the Up Sonder directory/marketplace. They will speak directly to each pilot to plan details and communicate until the mission is complete.

Structured as a “gig-economy” platform that is also fueling valuable user insights,  Marketplace 1.0 is also helping Up Sonder build a network of advocates that will become the future customers and autonomous drone providers.



Marketplace 2.0


Marketplace 2.0 will simplify drone services even further with autonomous drones powered by the company’s planned rooftop charging network, Up Sonder’s infinity flight (if) network.


Up Sonder’s infinity flight (if) Network will unleash the potential of on-demand drone services with proprietary precision navigation technology. The if-Network pads will charge drones, and allow them to service customers within reach of the network. Network pads will be located on residential and commercial rooftops and employ a revenue-sharing model with the property owners. When fully implemented, drones owned by individuals will be allowed to opt into the network whenever they want and share in the revenue generated by their drone.

The computer generated image is for illustration purposes only, actual product is in development and final result may differ.

Up Sonder’s plans to launch this interconnected network of rooftop charging pads will coincide with the boom in the drone market, which is expected to reach $42.8B by 2025. 

The Market


Expected to double by 2025

The true benefit of drones lies in their versatility and ability to collect aerial data more efficiently than ever before. As a recent report from Gartner says, “enterprise drones occur in multiple different verticals, as they provide a unique new technology with functionality that can be applied to a variety of tasks.” (source).

  • Industry analysts predict that by 2021 there will be 1 million unit sales of commercial drones annually and drone use will continue  to expand across numerous industries

  • By 2025, analysts predict the commercial drone market will reach over $42B at a 13.8% CAGR

  • The North American and Asian markets will be the dominant players in this growth, making up nearly 70% of the commercial use of drones by 2025

Source: Droneii, The Drone Market Size 2020-2025: 5 Key Takeaways

Monitoring/Inspection

Drone use is expected to greatly increase in the insurance and commercial infrastructure industries.  Insurance use is expected to increase 25-fold, and the use of drones to monitor the health of commercial buildings is expected to increase 18 times by 2028.


Survey-Mapping

Drones save time and money surveying construction sites and the number of U.S. construction drones per employee will increase twelvefold between 2018 and 2028 (source).

Delivery

With only 20K drones carrying out retail deliveries in 2020, a huge uptick is expected in the near term to raise that number to more than 1M drones operating retail deliveries in 2026.


Public Sector

The same holds true in the public sector, which is expected to grow its use of drones from 96K in 2019 to almost 800K by 2029.


Drone services and the wider commercial drone market are an early-stage industry that, based on our research, lacks a household name and/or major market leader. Many companies in this sector are developing gated solutions that lack transparency and open access.

These findings are based on internal management research.

Our Traction


Marketplace 1.0 is helping Up Sonder gain key industry insights

Currently, the company has over 2,400 members across 900 US cities.

Also, with its first iteration of Marketplace 1.0, Up Sonder has been able to glean significant insights regarding demand and behavioral patterns of its client base. These takeaways will help inform a successful launch of Marketplace 2.0. Insights include:


  • Rural vs urban demand

  • General public vs business adoption

  • Cost fluctuations nationwide

  • Charging infrastructure blueprints

These testimonial may not be representative of the experience of other customers and are not guarantees of future performance or success.

Looking ahead to the fully-autonomous drone services Marketplace 2.0 solution, Up Sonder has surveyed its members and found that 22% are willing to have a drone charging pad installed on their roof. This is a key development in the process of creating an effective network for the future of an autonomous world. Up Sonder currently has early data on over 500 unique locations for charging sites throughout the United States.

The computer generated image is for illustration purposes only, actual product is in development and final result may differ

The company has built a minimal reference drone to demonstrate proprietary precision navigation technology. This drone demonstrates the key pieces of technology that will be needed by a drone to make use of Up Sonder’s if-Network pads. The required technologies are cost-sensitive and provide a path by which precision landing can be implemented at scale. Their approach will be a true infrastructure solution for mass drone services.

GIF

The Business Model


We take a cut of each drone service interaction

  • In our current, Marketplace 1.0 system, we take a percentage of every transaction on our platform.

    • For full service, our commission averages around 30% (includes 5% from the pilot)

    • For self service, our commission averages around 15% (5% from the pilot)

  • Our average order value is around $250 for Residential Real Estate, $650 for Commercial Real Estate, and $125 for Telecommunications.

After we initiate Marketplace 2.0, our revenue streams will diversify:

  • Subscription fees for long-term services, such as a data collection from drone flights

  • Subscription fees for access to the if-Network and power charging fees (per watt) to third-party drones

  • Transaction fees for one-time or incidental services (similar to our current revenue model)

OUR LEADERSHIP


We have a bold vision and the right team to execute 

CEO Derek Waleko is a commercial drone pilot with experience flying all over the world. With his experience in mergers and acquisitions, Derek is fusing his knowledge of finance with his love of drone technology to help pave the way for a new future.


President Dr. Isaac Nabors is an accomplished physical therapist and drone enthuthiast. Believing the future can’t exist without drones, he co-founded Up Sonder.


CTO Dr. Sung Moon Kang is the technical expert, having studied at Yale, Stanford, and UCLA with a doctorate in Aerospace Engineering, specializing in systems and controls. He has worked with NASA, the Department of Defense, and the Boeing Company.

Why Invest


A plan to meet the demands of the future

As the world evolves at ever-increasing speeds, Up Sonder understands that it must anticipate the future and build up infrastructure to meet the needs of a growing autonomous world. 


The company’s systems and technological innovations place it in an excellent position to execute its vision for a world totally integrated with drone services.


Up Sonder is democratizing the future of autonomous drones by supercharging their potential and reaching dramatically more users.

Quick Insert

Offering Summary


Company

:

Up Sonder, Inc.

Corporate Address

:

5482 Wilshire Blvd., STE 125, Los Angeles, CA 90036

Offering Minimum

:

$9,999.90

Offering Maximum

:

$1,069,999.95

Minimum Investment Amount

(per investor)

:

$249.00











Terms


Offering Type

:

Equity

Security Name

:

Series A Preferred Stock

Minimum Number of Shares Offered

:

66,666

Maximum Number of Shares Offered

:

7,133,333

Price per Share

:

$0.15

Pre-Money Valuation

:

$5,500,000.00











COVID Relief

This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).

Expedited closing sooner than 21 days

In reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and February 28, 2021, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal shall not direct transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Time-Based Perks:

Friends and Family Early Birds

Invest within the first 48 hours and receive an additional 20% bonus shares

Super Early Bird Bonus

Invest within the first week and receive an additional 15% bonus shares.

Early Bird Bonus

Invest within the first two weeks receive an additional 10% bonus shares.

Amount-Based Perks:

$500 | Tier 1

Receive an additional 3% bonus shares and access to Up Sonder's private weekly investor updates.

$1,000 | Tier 2

Receive an additional 5% bonus shares, as well $95 credit for drone services anywhere in the United States, a limited edition early investor shirt, and access to Up Sonder's private weekly investor updates.

$2,500 | Tier 3

Receive an additional 8% bonus shares, as well $225 credit for drone services anywhere in the United States, a limited edition early investor shirt, and access to Up Sonder's private weekly investor updates.

$5,000 | Tier 4

Receive an additional 13% bonus shares, as well $350 credit for drone services anywhere in the United States, a limited edition early investor shirt, and access to Up Sonder's private weekly investor updates.

$15,000 | Tier 5

Receive an additional 21% bonus shares, as well $1,000 credit for drone services anywhere in the United States, DJI Mavic Air 2 Drone, a limited edition early investor shirt, and access to Up Sonder's Private weekly investor updates.

*All perks occur when the offering is completed.

The 10% Bonus for StartEngine Shareholders

Up Sondors, 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 Series A Preferred Stock at $0.15/ share, you will receive and own 110 shares for $15. 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

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$142,300.00 USD
$153,419.00 USD
Cash And Cash Equivalents
$99,880.00 USD
$148,659.00 USD
Accounts Receivable
$5,450.00 USD
$1,649.00 USD
Short Term Debt
$87,672.00 USD
$69,992.00 USD
Long Term Debt
$373,441.00 USD
$357,045.00 USD
Revenues And Sales
$53,670.00 USD
$14,441.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$165,277.00 USD
-$269,486.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

THANK YOU!!!

8 days ago

Congratulations to all Up Sonder investors for a successful StartEngine campaign! Thank you all for joining us as we build the future of drone services. 

Up Sonder is now working on wrapping up all final investments in the campaign over the next 45 days. Once we confirm all our investors, we'll have access to everyone's email so we can communicate with you all on a regular basis. We ask for your patience during this process. In the meantime we have created an email for you to reach out if needed - investor@upsonder.com. 


Once again, from everyone at Up Sonder - THANK YOU!

Closing Today! Last Chance to Invest!

11 days ago

Today is the last day to invest in Up Sonder’s equity raise. Don’t miss out on your chance to be a shareholder. Analysts predict the commercial drone market will reach over $42 billion by 2025. 

Up Sonder is generating revenue through its national marketplace of professional drone pilots and paving the way to a future for autonomous drone services and open access for all through wireless charging interconnected rooftops. Don't miss your seat at the table.

48 Hours Left to Invest in Up Sonder!

13 days ago

There are only 2 days left to invest in Up Sonder’s equity raise. Don’t miss out on your chance to be a shareholder. Up Sonder's vision will change rooftops as we know them with their planned rooftop charging network.

Marketplace 2.0 will simplify drone services even further with autonomous drones powered by the company’s planned rooftop charging network, Up Sonder’s infinity flight (if) network. Up Sonder’s infinity flight (if) Network will unleash the potential of on-demand drone services with proprietary precision navigation technology. The if-Network pads will charge drones, and allow them to service customers within reach of the network. Network pads will be located on residential and commercial rooftops and employ a revenue-sharing model with the property owners. When fully implemented, drones owned by individuals will be allowed to opt into the network whenever they want and share in the revenue generated by their drone.

Up Sonder's Funding Round Closes this FRIDAY (in 3 Days)!

14 days ago

Up Sonder is ending this offering in 3 days. Don’t miss out on your chance to be a shareholder. 

Book, Fly, Data - Keeping it simple. Through Up Sonder, client's in the commercial real estate industry can hire certified drone pilots near their property sites to collect aerial data and get insight and marketing material for their portfolio no matter their locations in the United States. Pilots arrive with a commercial drone and handle all flight details and data collection, keeping the entire process simple for the client.

Only 4 days left to invest in Up Sonder!

15 days ago

There are only 4 days left to invest in Up Sonder’s equity raise. Don’t miss out on your chance to be a shareholder. Up Sonder is bringing drone services to everyday life.

Businesses currently have access to Up Sonder's nationwide network of drone service providers. In the future businesses and the general public will be able to access an autonomous network to execute service requests for everything from deliveries to inspections. By 2025, analysts predict the commercial drone market will reach over $42 billion. 

Time is running out to invest in this opportunity. Invest Today!

15 days ago

Time is running out to invest in this opportunity. Invest Today! 

Drone services are not readily accessible to most people and Up Sonder is changing that with an active national network in over 970 US cities and a grand vision for an autonomous drone network. Up Sonder plans to transition from its current human-driven network (Marketplace 1.0) to a completely autonomous one by building the first autonomous drone charging network. Ultimately, with a mission to open access to drones services for all while addressing the industry-wide issue of flight time and power sources.  

Time is running out... Only a few days left to invest! 

Last Week To Invest!

18 days ago

The future is autonomous drone services.

Up Sonder's future Infinity Flight Network will work to extend the flight time and coverage area of autonomous drones. It will expand the availability of drone services to many more geographies, enabling more users to access drones and acquire their services in much shorter time frames.

Ultimately, our mission is to open access to drones services for all while addressing the industry-wide issue of flight time and power sources. Closing Soon, Invest Today!

Our Funding Round Closes November 26th!

22 days ago

Structured as a “gig-economy” platform that is also fueling valuable user insights,  Marketplace 1.0 is also helping Up Sonder build a network of advocates that will become the future customers and autonomous drone providers.

Up Sonder’s currently makes money through Marketplace 1.0, that is helping the company identify demand trends and optimize a solution for connecting the world to drone services. Working within existing regulations and laws, clients can hire certified drone pilots near their project site to collect aerial data. Pilots arrive with a commercial drone and handle all flight details and data collection, keeping the entire process simple for the client.


There is limited time left to invest in Up Sonder through this offering. What are you waiting for?

Notice of Funds Disbursement

22 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Up Sonder 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 Up Sonder 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

Last Chance to Invest - Closing Soon!

26 days ago

Drone's are taking over the skies and this is your chance to be a part of this growing industry. The true benefit of drones lies in their versatility and ability to collect aerial data more efficiently than ever before. As a recent report from Gartner says, “enterprise drones occur in multiple different verticals, as they provide a unique new technology with functionality that can be applied to a variety of tasks." 

Up Sonder’s infinity flight (if) Network will unleash the potential of on-demand drone services with proprietary precision navigation technology to integrate drones into everyday life. The if-Network pads will charge drones, and allow them to service customers within reach of the network. Network pads will be located on residential and commercial rooftops and employ a revenue-sharing model with the property owners. When fully implemented, drones owned by individuals will be allowed to opt into the network whenever they want and share in the revenue generated by their drone. 

This is a future we at Up Sonder believe in and now is the time to join us before it's too late. Invest today!

Last Chance to Invest! Closing Soon!!

about 1 month ago

The drone market size is expected to grow by $21 billion by 2025. The world as we know it is shifting towards drones becoming a major part of everyday life. Don't stand still as this industry sweeps the globe. At Up Sonder we understand this and are working to support the drone services ecosystem from deliveries to inspections. Invest today before it's too late.

 

Notice of Material Change in Offering

about 2 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Up Sonder offering. Here's an excerpt describing the specifics of the change:


Up Sonder is extending their campaign 30 days to 11/26/2021


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Before you start your weekend...

2 months ago

https://youtu.be/4TmcTcPDFHw

Before you start your weekend here are some Up Sonder samples of drone footage of commercial real estate from around the United States from California to Florida. Enjoy!

Notice of Funds Disbursement

2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Up Sonder 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 Up Sonder 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

Did you know?

2 months ago

Did you know Up Sonder is a member of the Consumer Technology Association's Drone and Air Mobility Working Group? It's how we keep our ear to the ground on new regulations happening in the United States surrounding drone use. There are 37 states in the US that have introduced drone legislations this year! 

Why is this exciting? Momentum. This number is growing as state and local governments are positioning themselves for a future where drones dominate the skies. Each new piece of legislation, for or against, is an important conversation to have to mature and develop our industry.   

Up Sonder made it to the next round!

3 months ago
Up Sonder made it to the next round of LG NOVA’s Mission for the Future Challenge! Mission for the Future is a global challenge competition for startups and entrepreneurs to propose their ideas to LG Electronics. Mission for the Future is an annual challenge that seeks out great ideas, concepts and businesses that will help improve our quality of life in the future for the good of people, communities and the planet. 

While it is still early in the challenge with the final winners to be announced next year we are honored to make it to the next round. Finalist will enter an incubation/acceleration program with the LG NOVA team. The LG NOVA team will work with the companies to further test and explore the business ideas in the six to nine months following the initial evaluation process. Throughout the process, the selected companies may have the opportunity to be provided with resources, investments and pilot program opportunities. Up Sonder will keep you updated on our progress. Wish us luck!

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Up Sonder 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 Up Sonder 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

Our Crowdfund is Continuing!

4 months ago

Up Sonder continues delivering drone services nationwide. Reserve your investment in Up Sonder now!

Notice of Material Change in Offering

4 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Up Sonder offering. Here's an excerpt describing the specifics of the change:


Issuer is extending their campaign for 90 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Up Sonder 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 Up Sonder 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

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Up Sonder 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 Up Sonder 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

$200,000 Reached!

6 months ago

Great news, everyone! Up Sonder’s campaign has now reached $200,000! Our mission to connect the world to drone services would not be possible without your interest, backing, and investments. Thank you 

If you are following our campaign but have not invested, please consider doing so now to be part of a company that is revolutionizing how the public accesses drone services. 

-Derek Waleko, CEO

New Developments and 2020 Growth

6 months ago

Up Sonder is currently streamlining how the public interacts with Up Sonder pilots nationwide! We are developing a new user experience that we can’t wait to show you. While this is in development and testing we also wanted to share some stats from last year. During the height of the pandemic in 2020 Up Sonder improved all metrics over 2019 levels. Membership increased, listings increased, missions increased, and gross revenue increased! We believe 2021 will be even better!

Campaign Extended

7 months ago

Up Sonder is happy to announce that we have extended our fundraising campaign on StartEngine until July. 

We are very excited about the momentum the campaign has generated so far and wanted to give more people the chance to join us in our mission to connect the world to drone services. 

A big thanks to everyone who has already invested. And if you are still following our campaign, please don’t miss your chance to invest in a drone startup.

-Derek Waleko, CEO


Notice of Material Change in Offering

7 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Up Sonder offering. Here's an excerpt describing the specifics of the change:


Up Sonder has extended their campaign and added their 2020 financials.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Up Sonder 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 Up Sonder 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

More About the if-network

8 months ago

In our third video update, Up Sonder CEO Derek Waleko talks more about the ideas behind the development of the if-network, taking more of an engineering perspective. If you have not watched the last two video updates, please watch those first. 

-https://www.youtube.com/watch?v=qSqQHLy-brQ 


Please watch these video updates first if you have not already. 


The vision behind the if-network: https://www.youtube.com/watch?v=ElY-gtTmx3o

Why precision navigation is needed: https://www.youtube.com/watch?v=5wPSp_Uot5c

Precision navigation and the if-network

9 months ago

Up Sonder CEO Derek Waleko explains why precision navigation is necessary for the if-network in this video update. 

Please watch our previous video update where Derek provided insight into Up Sonder’s vision for the if-network first, and this update will make more sense. 


Watch First

The vision behind the if-network: https://www.youtube.com/watch?v=ElY-gtTmx3o

Watch Second

Why precision navigation is needed: https://www.youtube.com/watch?v=5wPSp_Uot5c

The Vision Behind the if-network

10 months ago

Watch the video below to find out more about Up Sonder's vision for our if-network of drone charging pads. 

https://youtu.be/ElY-gtTmx3o


-Derek Waleko, CEO

Notice of Funds Disbursement

10 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Up Sonder 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 Up Sonder 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

New Drone Regulations Open More Opportunities for Drones

11 months ago

On December 28, the FAA released two long-awaited rules covering Remote ID and revisions to Part 107 rules. These rules are an important step forward for the drone industry, and as an investor, or potential investor in Up Sonder, we want you to know more about this development. 

The Big Picture

The new rules are part of the FAA’s ultimate goal to enable routine drone operations in the same airspace as manned aircraft. But, there is still work to be done before that is achievable. Think of it this way, the two new rules are ladders toward the goal, but more ladders are needed to reach it. 

Remote ID Rule

The Remote ID rule requires drones to send out a signal that identifies the drone in flight and the location of its control station (the person who is flying the drone). See the graphic below for the ways a drone can identify itself, according to the FAA. 

Identifying the location of a drone and its operator is crucial for the safe integration of drones into the national airspace. However, the final implementation is over two years away, given the work that drone manufacturers and pilots need to do to comply with the rule. 

Revision to Part 107 Rules

The revision to Part 107 includes changes for rules covering drone operations at night and over people/moving vehicles. These changes will go into effect on 2/26/2021 and will have an immediate impact on the drone industry. 

Previously, a drone pilot would have to go through a time-consuming waiver process to fly a drone at night or over people/moving vehicles. After the changes go into effect, a drone pilot will no longer need a waiver as long as certain conditions are met. 

For flights at night, the drone pilot will have to pass an FAA test for night operations, and their drone will have to be equipped with anti-collision lighting visible for at least 3 statute miles. For flights over people/moving vehicles, drones are broken into 4 categories based on weight, each with its own conditions for flights over people/moving vehicles. Some of these conditions are complicated to understand. Up Sonder has a blog post that breaks it down if you want to find out more. 

Impact on the Drone Industry

Come February 26th, drone flights at night and over people/moving vehicles will be more open, allowing companies like Up Sonder to fly these kinds of missions without going through an FAA waiver process. This will save time for both us and our clients and allow for expanded use cases. 

For the drone industry as a whole, the importance is reducing restrictions on drone operations. More work is needed, but these changes prove the FAA is taking concrete steps towards fully integrating drones into the airspace. 


$100K Reached!

11 months ago

Great news, everyone! Up Sonder’s campaign has now passed the $100,000 mark! Our mission to connect the world with drone services would not be possible without your interest, backing, and investments. 

$100K is an exciting milestone to pass, but our campaign still has plenty of room left to grow. 

With your help, we look forward to what our campaign can accomplish. If you are following our campaign but have not invested, please consider doing so now. And no matter if you have invested or not, please help us spread the word about our campaign.

-Derek Waleko, CEO

Happy New Year

11 months ago

The whole team here at Up Sonder wants to wish all of you a Happy New Year! 

We are excited that since our campaign went live in November, we have raised over $90,000 from 170+ investors. Thank you so much for your support. 

A big reason why Up Sonder decided to raise via equity crowdfunding is that we believe every single person should have the opportunity to invest in startups. In that spirit and to kick off the New Year, please share our campaign with your contacts and connections. All you have to do is email, text, or share the message below to help us get the word out about our campaign. 

Check out Up Sonder’s equity crowdfunding campaign on StartEngine (https://www.startengine.com/up-sonder). Up Sonder is a drone startup that is on a mission to connect the world to drone services that I (am following/have invested in). Their campaign page goes over what they look to achieve and the opportunity to invest in drones!

Equity crowdfunding allows the general public to invest in startup companies in return for equity in the company. StartEngine’s equity crowdfunding platform bridges the gap between potential investors and entrepreneurs. 

Thanks for your support, and happy 2021!

-Derek Waleko, CEO

Notice of Funds Disbursement

12 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Up Sonder 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 Up Sonder 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

Happy Holidays!

12 months ago

Hi Everyone,

First, I want to wish all of you a happy and safe holiday season. It’s beautiful this time of the year in Los Angeles as the trees have finally changed color and the weather cooled.

2020 has been a crazy year, and it is our sincere hope that 2021 offers new hope and opportunity for all of us. 

With that said, I want to thank all of you for your interest and support in Up Sonder. To those that have invested, please consider increasing your investment. For those that are following our campaign but have not invested, join us in our mission to connect the world to drone services! And to all of our investors and followers, please mention our campaign to those you think are interested. 

Here’s to a better 2021!

-Derek Waleko, CEO



Made it to $50K

12 months ago

We are happy to report that our campaign now has over $50,000 invested! A big thanks to all of you that have invested!

While we are excited about this great start, we are actively seeking more investors like you to fund our efforts. If you are following Up Sonder and haven’t invested yet, please do so. Your support will help us in our plans to develop our Marketplace 2.0 and connect more people and businesses with drone services.

-Derek Waleko, CEO


Greetings StartEngine Community!

about 1 year ago

Up Sonder is super excited that our equity crowdfunding campaign is now live on StartEngine! As CEO of Up Sonder, I want to thank all of you for your interest in Up Sonder’s mission to connect the world to drone services. 

With the commercial drone industry expected to double by 2025, I strongly believe the future is bright for drones. Today, Up Sonder lets customers easily and quickly hire a drone pilot near them with our Marketplace 1.0. We are working towards a future that offers the public simple, one-click access to autonomous drones that are supported by a network of charging pads (Marketplace 2.0).

In the coming weeks, we hope to work with you to build a community of investors and enthusiasts that will join with us to democratize the future of drones by supercharging their potential and opening their benefits to dramatically more users. 


-Derek Waleko, CEO 

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