Companies · Space / Aerospace

VerdeGo Aero

DAYTONA BEACH · Space / Aerospace · refined from filed group “Other

Diligence memoA one-page analyst read on VerdeGo Aero — recommendation, valuation, rhythm, risks.
$13.6M
Total raised · real
5
Rounds
1.3×
Latest step-up
Top 18%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jul 12 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

VerdeGo Aero looks under-valued against its niche peers and is quiet on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the space/aerospace sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.36× the median modeled value of Series A Space / Aerospace companies in 2022–2024 (7 peers) — value vs value, same stage and era.
Quiet
  • Last raise 24 mo ago; this sector typically re-raises about every 12 months.
  • Slightly overdue versus sector cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Space / Aerospace

VerdeGo Aero is one of 133 Space / Aerospace companies tracked from DAYTONA BEACH. By capital raised it ranks in the upper tier (ahead of 83% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
7
Investors (latest)
2024-07-12
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$25M$50M$75M$100MPre-Seed · 2018-05-21 Raised $306K (real) Modeled valuation $11M (est)$306K$11MPre-Seed2018Seed · 2018-07-01 Raised $2.5M (real) Modeled valuation $70M (est)$2.5M$70MSeed2018Seed · 2021-04-21 Raised $350K (real) Modeled valuation $6.7M (est)$350K$6.7MSeed2021Series A · 2022-08-08 Raised $9.4M (real) Modeled valuation $93M (est)$9.4M$93MSeries A2022Series A · 2024-06-25 Raised $1.5M (real) Modeled valuation $7.3M (est)$1.5M$7.3MSeries A2024Series A · 2024-07-12 Raised $2.0M (real) Modeled valuation $9.4M (est)$2.0M$9.4MSeries A2024+$2.5M+$350K+$9.4M+$1.5M+$2.0MCumulative $16M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$306K · 2018
Seed$2.5M · 2018
Seed extension$350K · 2021
Series A$9.4M · 2022
Series A extension$1.5M · 2024
Series A extension$2.0M · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$9.4M
Base estimate est.
$2.3M
Conservative case
$20.2M
Upside case
$9.2M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the space/aerospace sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $10.6M · 2018-05-212018Seed · modeled $70.0M · 2018-07-01Seed · modeled $6.7M · 2021-04-21Series A · modeled $93.5M · 2022-08-08Series A · modeled $7.3M · 2024-06-25Series A · modeled $9.4M · 2024-07-122024
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
47%
Survival probability
26% low · 64% high
1.49×/yr
Annual markup
1.87×/yr upside case
2.0 yr
Elapsed time used
2.0 yr actual, capped for stale marks
space/aerospace
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
15 mo
Avg between rounds
$2.2M/yr
Capital velocity
8.1 yr
On record since
2018
First round
6
Rounds on file
How it compares to the market

Benchmarked against 133 companies in Space / Aerospace. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 2.9× above median
This company$13.6M
Sector median$4.7M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.4× of median
This company$2.0M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$9.4M
Sector median$38.2M

Raised more than 83% of sector peers (real $). Modeled value above 62% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #5 of 7.

This companyCohort peer
$100K$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Victoria Aerospace Holdings LLC · Series A Raised $8.9M · modeled $95.5M (est)United Aero Group Mezzanine, LLC · Series A Raised $6.0M · modeled $66.2M (est)Frontier Aerospace Corp · Series A Raised $13.0M · modeled $59.7M (est)Radical Inc. · Series A Raised $4.5M · modeled $25.8M (est)Firehawk Aerospace Inc. · Series A Raised $9.1M · modeled $2.2M (est)Zenith Aerospace Inc. · Series A Raised $11.6M · modeled $1.3M (est)VerdeGo Aero (this company) Raised $13.6M · modeled $9.4M (est)VerdeGo Aero
CompanyStageRaised · realValue · estvs peer med.
Victoria Aerospace Holdings LLCSeries A$8.9M$95.5M3.70×
United Aero Group Mezzanine, LLCSeries A$6.0M$66.2M2.56×
Frontier Aerospace CorpSeries A$13.0M$59.7M2.31×
Radical Inc.Series A$4.5M$25.8M1.00×
VerdeGo Aero this companySeries A$13.6M$9.4M0.36×
Firehawk Aerospace Inc.Series A$9.1M$2.2M0.09×
Zenith Aerospace Inc.Series A$11.6M$1.3M0.05×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$306K2018-05-21$1.7M$10.6M90%
Seed$2.5M2018-07-01$12.5M$70.0M90%
Seed$350K2021-04-21$1.8M$6.7M90%
Series A$9.4M2022-08-08$42.8M$93.5M90%
Series A$1.5M2024-06-25$7.0M$7.3M90%
Series A$2.0M2024-07-12$9.2M$9.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$306K2018-05-21
    • First recorded raise — entered as Pre-Seed.
    • 3 investors on this round.
  2. Seed$2.5M2018-07-01
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 8.2× larger than the prior — scaling up.
  3. Seed$350K2021-04-21
    • Raised again after 34 mo — slower than the ~12 mo sector norm.
    • Round 7.1× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  4. Series A$9.4M2022-08-08
    • Raised 16 mo later, in step with the ~12 mo sector norm.
    • Round 26.9× larger than the prior — scaling up.
    • 17 investors on this round.
  5. Series A$1.5M2024-06-25
    • Raised again after 23 mo — slower than the ~12 mo sector norm.
    • Round 6.1× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  6. Series A$2.0M2024-07-12
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 1.3× larger than the prior — scaling up.
    • 7 investors on this round.
Intelligence
2025 ~Q4
Modeled next raise · ~15mo cadence
$2.7M
Modeled next size est.range $2.0M$4.3M
1.3×
Last step-up
$2.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Richard Anderson9 other2022-08
David Spurlock2022-08
Eric Bartsch2022-08
Eric Richard Bartsch2018-05
Erik Lindbergh2022-08
Erik Robbins Lindbergh2018-05
Matthew M. Thomas2024-06
Richard Dussault2022-08
Richard Pat Anderson2018-05
Registry & provenance

VerdeGo Aero is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1714832
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Frontier Aerospace CorpSpace / AerospaceSeries A$13.0M$59.7Msame sector · same stage
Next Level Aviation Holdings, LLCSpace / AerospaceSeries A$15.0M$341.8Msame sector · same stage
Zenith Aerospace Inc.Space / AerospaceSeries A$11.6M$1.3Msame sector · same stage
Turion Space Corp.Space / AerospaceSeries A$11.1M$162.5Msame sector · same stage
MagLev Aero Inc.Space / AerospaceSeries A$16.8M$8.6Msame sector · same stage
Skydweller Aero Inc.Space / AerospaceSeries A$10.7M$243.2Msame sector · same stage
FLYHT Aerospace Solutions Ltd.Space / AerospaceSeries A$9.6M$66.8Msame sector · same stage
Firehawk Aerospace Inc.Space / AerospaceSeries A$9.1M$2.2Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Hutchens Aviation, Inc.Space / AerospaceSeed$45.5M81%
SV-Aero Holdings, LLCSpace / AerospaceSeries B$391.3M80%
Ocean Aero, Inc.Space / AerospaceSeed$40.0M80%
Advanced Aero Services, LLCSpace / AerospacePre-Seed$31.8M79%
Athule Aero Technologies, Inc.Space / AerospaceSeed$10.8M78%
Aero Design Labs LLCSpace / AerospaceSeed$55.6M77%
Arista Aviation Mezzanine Partners, LLCSpace / AerospaceSeed$8.2M77%
Orb Aerospace, Inc.Space / AerospaceSeries A$13.8M76%
Frequently asked
How much funding has VerdeGo Aero raised?
VerdeGo Aero has raised approximately $13.6M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is VerdeGo Aero's estimated valuation?
Provath's modeled valuation for VerdeGo Aero is approximately $9.4M (modeled range $2.3M–$20.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is VerdeGo Aero at?
VerdeGo Aero's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jul 12.
What does VerdeGo Aero do and where is it based?
VerdeGo Aero operates in the Space / Aerospace sector, based in DAYTONA BEACH.
Explore related

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