# Parallel Flight Technologies: Drone Management, California, United States

> Parallel Flight Technologies: Parallel Flight Technologies is developing drone technology that saves lives, property, and the environment.

Source: https://millionrounds.com/startup/parallel-flight-technologies (Millionrounds; every figure on the page links to its filing or article)

United States · [Drone Management startup](https://millionrounds.com/companies)

# Parallel Flight Technologies

Parallel Flight Technologies is developing drone technology that saves lives, property, and the environment.

Funding reported Last round: Grant

Drone Management California, United States

Company summary

- **Founded:** 2018 8 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** $3.7M in dollars
- **Last round:** Grant Sept 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Parallel Flight Technologies has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Parallel Flight Technologies raised

Funding, as reported

Reported in all **$3.7M** in dollars

Rounds **4**

Last round **Grant**

Last round date **Sept 2023**

Investors listed **3**

## Funding filed with regulators

Parallel Flight Technologies filed 4 raises, $8.9M in all. Filings say how much was sold and to how many investors; they never name the investors.

- May 2023 **$594K** other of $3.7M offered Crowdfunding
- Jun 2022 **$662K** other of $5.0M offered Crowdfunding
- Sept 2020 **$6.5M** of $7.5M offered Regulation A
- Jan 2020 **$1.1M** other of $1.1M offered Crowdfunding

## Founders and team

From Parallel Flight Technologies's own website: 1 founder, 3 on the team.

**Dorian West** Co-founder Electric Hydrogen Former Tesla Director of Engineering

- **Craig Stevens** CEO
- **Bobby Hulter** Director of Software + Controls
- **David Adams** Director of Hardware + Systems

## On a portfolio page

Investors who name them

- [Leonid Capital Partners](https://millionrounds.com/fund/leonid-capital-partners)

Each firm lists Parallel Flight Technologies on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Drone Management in United States

Startups like it

- [**Nightingale Security** Newark · founded 2014](https://millionrounds.com/startup/nightingale-security)
- [**STRAX Intelligence Group** Boca Raton · founded 2015](https://millionrounds.com/startup/strax-intelligence-group)
- [**DroneUp** Virginia Beach · founded 2016](https://millionrounds.com/startup/droneup)
- [**Teal Drones** Salt Lake City · founded 2014](https://millionrounds.com/startup/teal-drones)
- [**DRONESURF** Melbourne · founded 2015](https://millionrounds.com/startup/dronesurf)

## Is this your company?

Add your raise, your deck and your story, and put Parallel Flight Technologies in front of investors. Or tell us what we have wrong.

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