Elroy Air
Elroy Air is a San Francisco-based aerospace startup founded in November 2016 by David Merrill and Clint Cope. The company specializes in developing autonomous cargo aircraft systems, focusing on its flagship product, the Chaparral. This vertical take-off and landing (VTOL) unmanned cargo aircraft features a hybrid-electric powertrain and is designed to carry between 300 to 500 pounds of cargo over distances of up to 300 miles. Elroy Air has conducted extensive research and testing since its inception, achieving significant milestones such as the Chaparral's first hover flight in August 2019. The company primarily targets the U.S. government and military as its initial market, working with the U.S. Air Force to adapt its technology for aerial logistics in challenging environments. Future plans include expanding to international governments and the U.S. commercial cargo market, aiming to enhance cargo delivery efficiency and support humanitarian efforts.
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Headcount trend
Elroy Air went from 60 employees in Jul 2023 to 32 in Jun 2025. Jan to Jun 2025: 4 people joined, 6 left.
Headcount data through Jun 2025
Org structure
Headcount by department
Funding
- Oct 2024 · $6.6M · Catapult Ventures, Shield Capital, Marlinspike
- Jan 2024 · $48.9M · Catapult Ventures, Shield Capital, SV Pacific Ventures
- Aug 2021 · Series A · $40M · Marlinspike Capital, Prosperity7, Catapult Ventures
- Mar 2020 · $6.8M
- Feb 2019 · Seed · $4.7M
- Feb 2019 · Seed · $9.2M · Catapult Ventures, Precursor Ventures, Lemnos
- Dec 2017 · Seed · $4.5M · 122WEST VENTURES, Homebrew, Lemnos VC
Salaries at Elroy Air
All salaries2 salary profiles in the US
H-1B sponsorship
The department split adds up all the years listed above. FY2025 alone: 1 filings.
Peer reviews
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Elroy Air FAQ
How many employees does Elroy Air have?
Elroy Air has about 32 employees, up 6.7% over the 3 months to Jun 2025.
Does Elroy Air sponsor H1B visas?
Yes. Elroy Air filed 1 H1B (LCA) application in FY2025, according to the latest U.S. Department of Labor disclosures. It was for a Operations role.
What is Elroy Air's revenue per employee?
Elroy Air makes about $234K in revenue per employee, based on $7.5M annual revenue and 32 employees.
How much does Elroy Air pay?
6figr has 2 salary profiles for Elroy Air in the US, with pay broken down by role, level, gender and ethnicity on the Elroy Air salaries page. See Elroy Air salaries
How much funding has Elroy Air raised?
Elroy Air has raised $120.75M in total funding.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.