# Elroy Air funding: rounds and investors > Elroy Air has raised $6.6M across 1 round since 2024. Investors include Precursor Ventures, Haystack and Karman Ventures. Every round with its source. Source: https://millionrounds.com/company/elroy-air (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Elroy Air* One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Aerospace & Space Funding summary Updated 26 Oct 2026 **$6.6M** raised across 1 round since 2024, from 1 source - **Latest round:** Venture, $6.6M Nov 2024 - **Investors:** 5 See who backed them ## The rounds - **Nov 2024** Venture **$6.6M** [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Haystack](https://millionrounds.com/fund/haystack) [Karman Ventures](https://millionrounds.com/fund/karman-ventures) [Homebrew](https://millionrounds.com/fund/homebrew) [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Source recorded SEC filing: $6.6M sold, first sale Oct 2024 ## Founders and team From Elroy Air's own website: 2 founders, 8 on the team. **Clint Cope** Elroy Air Co-Founder, Strategy / Product / Engineering **Dave Merrill** Founder & Executive Chairman - **Andrew Clare** Chief Executive Officer - **Buddy Michini** Chief Technology Officer - **Alvin Oswandy** Head of Finance - **Mark Rodrigo** Head of Federal Business Development - **Igor Salva** Director of Integration and Test - **Jon Reeves** Director of Software - **Phillip Jones** Director of Flight Test Engineering - **Stephanie Henning McDonald** Director of Product, Programs, and Manufacturing - C2 ## Everyone who backed them [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) VC firm **1** round [Haystack](https://millionrounds.com/fund/haystack) VC firm **1** round [Karman Ventures](https://millionrounds.com/fund/karman-ventures) VC firm **1** round [Homebrew](https://millionrounds.com/fund/homebrew) VC firm **1** round [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=elroy-air). ## Also claim to have backed them These 14 firms list Elroy Air as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [City Light Capital](https://millionrounds.com/fund/city-light-capital) VC firm Per its own site [The E14 Fund](https://millionrounds.com/fund/e14-fund) VC firm Per its own site [Shield Capital](https://millionrounds.com/fund/shield-capital) VC firm Per its own site [Lemnos VC](https://millionrounds.com/fund/lemnos) VC firm Per its own site [Prosperity7 Ventures](https://millionrounds.com/fund/prosperity7-ventures) Corporate VC Per its own site [Jayesh Parekh](https://millionrounds.com/fund/jayesh-parekh) Angel Per its own site [Marlinspike](https://millionrounds.com/fund/marlinspike) VC firm Per its own site [Rackhouse Venture Capital](https://millionrounds.com/fund/rackhouse-venture-capital) VC firm Per its own site [Yes VC](https://millionrounds.com/fund/yes-vc) VC firm Per its own site [CliffsVC](https://millionrounds.com/fund/cliffsvc) Venture studio Per its own site [Columbia Equity Partners](https://millionrounds.com/fund/columbia-equity-partners) VC firm Per its own site [DiamondStream Partners](https://millionrounds.com/fund/diamondstream-partners) Private equity Per its own site [Duro Ventures](https://millionrounds.com/fund/duro-ventures) VC firm Per its own site [Sustainable Venture Capital LLC](https://millionrounds.com/fund/sustainable-venture-capital-llc) VC firm Per its own site ## Quick answers about Elroy Air ### Who invested in Elroy Air? Elroy Air's investors include Precursor Ventures, Haystack, Karman Ventures, Homebrew and Lockheed Martin. ### How much has Elroy Air raised? Elroy Air has raised $6.6M across 1 round since 2024. ### When did Elroy Air last raise? Elroy Air's most recent round was a Venture of $6.6M in Nov 2024. ### What was Elroy Air's biggest round? Its most recent round, $6.6M in Nov 2024, is also its largest on record. ### Who backed Elroy Air first? Elroy Air's first round on record, in Nov 2024, was backed by Precursor Ventures, Haystack and Karman Ventures and 2 others. ### What stage is Elroy Air at? Elroy Air's latest named round is a Venture, in Nov 2024. ### Where is Elroy Air based? Elroy Air is based in the United States. ## Companies like Elroy Air In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Jeevy Fabrication** Oct 2026](https://millionrounds.com/company/jeevy-fabrication)[**Varda Space Industries** $438M · Oct 2026](https://millionrounds.com/company/varda-space-industries)[**Kapta Space** $29M · Oct 2026](https://millionrounds.com/company/kapta-space) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app