Indy drone mailbox company uses crowdfunding to raise $1.3M
Arrive, a drone delivery mailbox manufacturer formerly known as Dronedek, says it has raised more than $1.3 million from 428 investors. This is the second time the Indianapolis-based company’s crowdfunding campaign has brought in more than $1 million.
Arrive says it now has nearly 5,000 individual investors who have helped the company raise more than $9 million in its fundraising efforts since the company’s inception in 2014 as Dronedek.
Arrive manufactures secure, temperature-controlled mailboxes capable of accepting both traditional mail and food/package deliveries through drones. These mailboxes can keep packages hot or cold; alert users to package arrivals or pickups; recharges drones and other electrical devices; and in times of need, can even serve as an alert to emergency response services.
Along with its recent rebranding, Arrive has positioned itself as a mailbox-as-a-Service (MaaS) platform. The company is preparing for a public…