Revolute Robotics

Hybrid Ground and Aerial Robots

Print
Claim My Business
Security Type
Common Stock
Categories
Technology
Min Investment
$101
Location
Scottsdale, AZ
Offering Date
June 14, 2023
Expected Close Date
September 12, 2023
Target Raise
$15.00K-$1.23M
No. Investors
212
Security Price
$1.61
Number of Employees
2
Cash
$1,844
Revenue
$25,050
Short Term Debt
$24,800
Cost of Goods
$0
Long Term Debt
$154,797
Net Income
$-149,150

Company Description

Revolute Robotics is on a mission to keep humans out of harm’s way using a new type of robot that can switch between flying and driving. Revolute’s Hybrid Mobility Robot (HMR) can safely fly in confined spaces without the fear of crashing, and can roll on the ground to operate for 5X longer. By combining the capabilities of traditional robots such as drones and rovers, HMR opens up dozens of novel applications for inspections, security, defense, and more that can reduce the need to put human lives in danger. The company is currently in testing with alpha users with an international patent pending.

Management Team / Advisory Board Bios

Collin Taylor | CEO & Co-Founder

  • Collin has been in the commercial drone industry for nearly a decade working closely with dozens of inspection drones and customers. He is a serial entrepreneur passionate about implementing new ideas and finding a way to succeed when the path isn't clear. Collin received Phoenix Business Journal’s Arizona Innovators Under 25 award and received his B.S. in both Finance and Entrepreneurship from the University of Arizona. 
     

Leandro Valdez III | Chief Operating Officer

  • Leandro previously worked for Amazon’s Operations Department leading teams of over 100 employees and several managers simultaneously. He was responsible for reducing missed shipments by over 1000%, saving the company an average of $200,000 each month during his tenure. Leandro is a First-Generation Mexican American who received a B.S. in Supply Chain and Operations Management from the University of Arizona. He is a skilled leader in Continuous Improvement (CI) initiatives and is certified as a Scrum Master.  

Guinn Partners | Development Partner

  • Guinn Partners is the development group led by Colin Guinn, who designed the Phantom 1 and Inspire 1 drones for DJI which became the best-selling non-military drones in the world and have remained so ever since. The group also developed the Solo drone for 3D Robotics, leading to over $65m in revenue in just three years, and the Autopilot software for Hangar Technologies, which was the most downloaded flight planning app on the DJI app store for several years. Guinn Partners has also developed and brought products to life for Autel Robotics, LIFT Aircraft, Doosan Mobility, Vantage Robotics, AirSelfie, and many others. Guinn Partners contributes 1-2 hours per week on Revolute Robotics.

Colin Guinn | Strategic Advisor

  • Colin Guinn is the Co-Founder and former CEO of DJI North America, the former CRO of 3D Robotics, and the Founder of Hangar Technology. He was the first person to bring a drone into Congress; he’s been featured on 60 Minutes, ABC, NBC, CBS, and Forbes, among others; and he’s taught industry leaders such as Elon Musk, Richard Branson, and Jeff Bezos about drone and robotic technology. Colin has been foundational in propelling the global consumer and commercial drone markets, and he provides guidance to startups and Fortune 500 companies alike. Colin contributes 1-2 hours per week on Revolute Robotics.

David Stewart | Operations Advisor

  • David is a seasoned executive and founder in the Education Technology space. He has extensive experience with statistical analysis, extrapolating meaningful and actionable insights from noisy data, and leading the implementation of innovative strategies. Prior to founding and successfully exiting his EdTech startup Tembo, David served as an executive for The Princeton Review, McGraw-Hill, and the New York City Department of Education. David now serves as a consultant in the EdTech space and an investor and advisor for early-stage technology startups. David contributes 1-2 hours per week on Revolute Robotics.

Mike Miles | Product Advisor

  • Mike is a former Microsoft Executive and career Program Manager with over 30 years of experience in Product Development, Team Building, and Strategic Planning. During his tenure at Microsoft, Mike was responsible for leading the Bing product launch in 75 markets – growing international search revenue by over $700M, building and leading teams in 10 countries, and leading 8 startup ventures both inside and outside the company. Mike currently serves as an Investor, Advisor, and Board Member to technology startups. Mike contributes 1-2 hours per week on Revolute Robotics.

Ellen Beldner | Product Advisor

  • Ellen is an experienced Product Design and Product Management executive. She has over 20 years of experience in Human-Computer Interaction, UX Research, Design Thinking, and Product Strategy working for companies such as Google, Youtube, LinkedIn, and Stitch Fix. Ellen is currently a partner at 05 Advisors and a fractional executive who works with A- and B-series startups to develop their product, innovation, and design practices. Ellen contributes 1-2 hours per week on Revolute Robotics.

Robyn Tosick | Strategic Advisor

  • Robyn is a Forbes-featured entrepreneur who launched one of the fastest-funded crowdfunding campaigns of its time. After holding corporate leadership roles at Lululemon, PepsiCo, & Coca-Cola, Robyn founded four companies and an Entrepreneurship group for Female Founders. Robyn now serves as a Purpose and Mindfulness Coach, Speaker, and Entrepreneurship Teacher at the University of Arizona. Robyn contributes 1-2 hours per week on Revolute Robotics.

Mark Beaver | Legal Advisor

  • Mark is a practicing corporate attorney and founding partner of Gabell Beaver, LLC. He has over 23 years of experience implementing legal strategies to protect business owners, maximize long-term wealth, and find solutions to complex legal issues. Mark specializes in mergers and acquisitions, equity and debt offerings, fund formation, and venture capital transactions. Over his career, Mark has represented both buyers and sellers in over 100 acquisition transactions and worked on over $500 million of private equity and debt placements. Mark contributes 1-2 hours per week on Revolute Robotics.
Amount Raised : $113,004
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

Common stock is a security that represents ownership in a corporation.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments