Republic Republic Republic
  • Log in
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
Primary market Live deals Secondary market Buy and sell Republic Note Own a piece of Republic's upside Investor Network Membership Receive exclusive discounts and benefits
Republic Venture Opportunities for accredited investors
Republic Capital Multi-stage venture firm Republic Digital Crypto hedge fund
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets Tokenization Deploy your assets on-chain Asset management Explore digital asset funds
Republic Capital In-house Venture Capital fund Broker dealer Regulated capital services
Log in Sign up

Republic Republic Republic
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
  • US
  • Log in
  • Sign up
All investors
Primary market Live deals Secondary market Buy and sell Republic Note Own a piece of Republic's upside Investor Network Membership Receive exclusive discounts and benefits
Accredited only
Republic Venture Opportunities for accredited investors
Institutional
Republic Capital Multi-stage venture firm Republic Digital Crypto hedge fund
More
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Spotlight deal
ASM Capital Whiskey Fund
ASM Capital Whiskey Fund
Funding the emergence of American Single Malt
Growth capital solutions
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets
Sharedrops Gift equity as a reward
Web3 services
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets Tokenization Deploy your assets on-chain Asset management Explore digital asset funds
Institutional services
Republic Capital In-house Venture Capital fund
Broker dealer Regulated capital services

Up Sonder isn't accepting new investments

Up Sonder’s deadline was August 1, 2019

Follow the company to stay updated on their progress, including future investment opportunities


Explore new investment opportunities:
View companies raising now
Campaign ended
Logo of Up Sonder

Up Sonder

Drone services for manned and autonomous missions
Drones Marketplace
Facebook Telegram Twitter LinkedIn
Featured image of Up Sonder
$357,045
Raised
1,366
Investors
Successfully funded and closed on August 1, 2019.
Invest in Up Sonder
Pitch Updates 10 Reviews 410
Invest Invest in Up Sonder
Facebook Telegram Twitter LinkedIn
Closed on August 1, 2019. Information may not be up-to-date. Campaign closed on August 1, 2019. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Up Sonder, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Up Sonder Crowd SAFE
Loading

Hear from some of the 1,366 investors in Up Sonder


Show more

Deal highlights

  • Airbnb of the drone industry: companies and individuals enlist drone services from a community of qualified pilots
  • Drone services are estimated to be worth over $13 billion by 2020
  • Experiencing organic growth with commercial drone pilots in over 750 cities
  • Over 2,000 community members in the United States
  • Building one network for autonomous drones and creating global charging network to extend flight times 
  • Designing low cost precision landing software for autonomous drones that uses proprietary RTK GPS

Growing demand for drone services, but businesses don’t know how to access it

Demand for drone services is skyrocketing, but the ability to fill this demand is lacking and segmented

Billions of dollars are ahead for Up Sonder’s industry by 2020 according to Goldman Sachs and PwC as businesses will spend billions each year on aerial data for inspecting, monitoring, protecting, reviewing assets and other needs.

To lower costs, businesses are turning to new drone technology to do this better, safer and more quickly. But flying commercial drones is complicated - airspace authorization, certifications, regulations, insurance, flight planning, maintenance, safety protocols, data processing, and more are leaving companies confused and lost.


Businesses need a partner that makes accessing drone services simple, and transparent, while at the same time providing the flexibility to adapt to future changes in the drone industry like autonomous flight.


Up Sonder is the one stop solution for drone services for manned and autonomous missions


Up Sonder is connecting the world to drones with our adaptable marketplace for businesses to book drone services. Today with marketplace 1.0 and in the future with marketplace 2.0.

Marketplace 1.0

Piloted drone services streamlined to fly missions quicker, better, and safer




Booking drone services with Up Sonder

Drone Services

Up Sonder is laser-focused on meeting the skyrocketing demand for drone services. Our marketplace gives businesses easy access to qualified, licensed and insured drone pilots. Up Sonder’s experienced pilots are taking to the air to film real estate, inspect cell phone towers and recon oil & gas facilities.

Drone services are as varied as the industries that use them, but can be as simplified as aerial data collection. The most common form of data collected is videos and photographs, but there has been an increasing need for sensors like thermal cameras and Lidar.

Companies are turning to drones for the simple fact that they make aerial data collection cheaper and quicker.

  1. Cheaper: Before, if oil & gas companies wanted aerial photos of pipelines, they had to hire a helicopter for a few thousand dollars. Now they can hire a drone for a few hundred.
  2. Quicker: A recent case study by Brasfield & Gorrie, one of the largest privately-held construction firms in the United States, compared traditional land surveying versus drone surveying on a 60-acre construction site. They found that land surveying took 2-3 weeks while drone surveying took only 1-4 days!

Marketplace 2.0 

Adaptable marketplace to meet demand for an autonomous world



  • Simple one-click access to autonomous drone services, everything from deliveries to inspections.

  • Network of charging stations to power autonomous drone operations with the initial starting locations built directly onto our members’ rooftops. Our vision is to ensure all smart homes of the future are part of the Up Sonder autonomous network.

  • Autonomous drone management software that manages all aspects of autonomous operations with A.I. and blockchain built-in for payments, tracking, landing, wireless-charging, taking off, and flight routes.
  • Currently testing proprietary precision landing/positioning technology with low-cost RTK GPS that makes it possible for a fleet of autonomous drones to use the charging network to increase flight times and service more customers.



Up Sonder appeared on Meet the Drapers and received positive feedback during the episode, including: 


Organic Growth

Today


Organic growth | 50+ missions 

Have a look at some past missions


Marketplace 1.0

Is built for businesses to search and book drone services in their direct area from one simple website, upsonder.com, with upfront transparent pricing. For multiple missions and large needs, Up Sonder has the added benefit for larger enterprise clients to integrate Up Sonder’s API software to bulk order drone missions nationwide.

Commercial drone pilots are the backbone of Up Sonder and we treat them right. Pilots flying for Up Sonder choose their own rate, work hours, accept or reject bookings and have complete control over their listing page that details their work history, expertise, drone features, and past work examples. The best part is Up Sonder drone pilots get to keep 95% of their rate with direct payouts to their bank or via Paypal.

Up Sonder makes 15% from each drone booking by charging a 10% service fee to the client and a 5% service fee to the pilot plus a flat $7 booking fee. For example, if a pilot sets her or his rate at $200 per hour and a client books this pilot for 3 hour, the client will be charged $667. After the mission is complete the pilot receives $570 and Up Sonder $97.     

Marketplace 2.0

Today businesses want to use drones but tomorrow society will rely on drones but there are not enough human pilots to fulfill this demand. Up Sonder will automate its marketplace with an autonomous drone network to help its human pilots. 

An autonomous drone network that is self-sustaining is the only way to keep pace with the everyday tasks of the future such as mail delivery, grocery pick up, medical emergencies, home security, roof inspections, construction monitoring, and even coffee delivered directly to your vehicle during commutes.

The future of drones will grow past today’s commercial use cases and into everyday living - children to business executives to the elderly will be impacted (for the better) by this amazing technology. Up Sonder is building this future with one simple network to handle it all.

Up Sonder is where the world orders drone services both large and small and where third party drone service providers can harness the power of Up Sonder’s “if” (infinity flight) charging network to let their autonomous drones do more and fly further reaching more customers. 


A market full of opportunity

Drones are powerful tools that will change the way we work and live. When you combine their consumer, commercial and governmental use, analysts agree, drones are an opportunity too large to ignore.

Goldman Sachs says that drones are a $100 billion market opportunity by 2020 and estimate that over $13 billion will be spent on commercial and civil use of drones.

Major industries are already using drones and those that offer the most growth opportunity in the near future include construction, oil & gas, agriculture, inspection/insurance, 3D mapping, real estate, journalism and mining among others.

The application of drones for commercial and civil industries is going to revolutionize the way everyone from farmers to firefighters gather data and make informed decisions. In a groundbreaking 2016 report, PricewaterhouseCoopers (PwC) valued the emerging global market for business services using drones at over $127 billion. There’s a gold field of opportunities for UpSonder.

A recent report by Skyward, a Verizon company, found that 92% of companies that implement a drone program have a return on investment within a year. No wonder many are predicting that the market for drone services is about to explode. In fact, Skyward is expecting the commercial adoption of drones to double in the coming years!


Drone market trends

Autonomous drone operation

Drones will increasingly operate themselves. New technology will allow drones to sense and avoid each other and communicate in real time with both the companies that deploy them as well as air traffic control.


Search for energy solutions

Currently battery life is limiting the distance a drone can fly. Everyone from Amazon to Up Sonder is looking for solutions to give drones more power! Ideas include charging networks, more efficient batteries and renewable power sources.


5G networks

5G networks will connect to drones, helping to integrate them into air traffic control systems and allowing them to beam data more efficiently.



Regulation will open up 

As new technology makes drones safer, authorities around the world will soften their regulations on drones allowing widespread operations that are currently restricted such as flying at night and Beyond Visual Line of Sight (BVLOS).


Smaller sensors + better drones = new opportunities

As sensors (like thermal and Lidar) become cheaper, smaller and lighter drones will be able to carry a more robust set of tools which will further increase their use by commercial and civil entities.


Artificial Intelligence (AI)

Like many other industries, AI will transform the way drones are used and understood. AI will let drones collect data more efficiently and will allow drones to safely interact with the world around them.


Up Sonder is evolving for a drone future.

Up Sonder is making sure we evolve with these changes that have already started to affect the drone services industry.

Our team is hard at work to ensure each autonomous drone in the future lands and flies with centimeter precision for every mission. We are developing a proprietary low cost RTK GPS that will allow our network of charge points and fleet of drones to be highly scalable and efficient.



Founders invested their own money to build Up Sonder

Up Sonder founders are in it to win it and want to dominate the drone industry. Up Sonder’s CEO mortgaged his home for $100,000 for startup capital to get Up Sonder ready for the drone revolution. Up Sonder’s President invested his life savings and together with the Up Sonder team is preparing for the next stage of growth. In addition, Up Sonder has successfully raised $350,000.  


We've already accomplished a ton, and we're excited about what's next.

United States market is ready for growth

Our drone service marketplace is ready to serve US businesses in their needs for lower costs, shorter project timelines, and increased safety standards. Up Sonder spent 2017 & 2018 building its network of certified commercial drone pilots who are ready to service the needs of businesses in 2019.    

International expansion

The popularity of drones is spreading across the world at speeds faster than businesses can keep up with. Organization is needed and the Up Sonder standard of simple, easy, and transparent access to drone services is needed in other parts of the world. Canada and Europe are the next logical destinations.  

Marketplace 2.0 - Autonomous Drone Network

Up Sonder is embracing autonomous drones by taking concrete steps for them to work side-by-side with Up Sonder drone pilots to cover increased use cases in the future. Up Sonder is preparing by building proprietary advanced technology for ultra-high precision autonomous drone flight and landing, creating drone fleet management software, and designing a network of rapid wireless charging locations to extend the range of autonomous drones.

If we reach our stretch goal of $1 million with this campaign, we will hire extra full-time salespeople and accelerate our growth in 2019.


Join the company changing how the world uses drones!

"I wanted to personally thank you for taking a closer look at Up Sonder and I invite you to invest in the company that is shaping the drone industry. As an investor, you will have my ear, my door will always be open to you, and you will be a part of an exciting chapter in our history as drones integrate into every facet of our lives. My team and I are building a great company and I look forward to you joining us. Thank you."

- Derek

Deal terms


Valuation cap

$6,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Up Sonder occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Up Sonder is accepting.
Learn more

Funding goal

$1.07M

Up Sonder must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Up Sonder needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Up Sonder, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Up Sonder Crowd SAFE

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Up Sonder.
Invest
$500
Receive
  • Name recognition on UpSonder.com. Your name will appear on our main site as a valued supporter of Up Sonder.
Invest
$1,000
Receive
  • All of the above, plus a limited edition Up Sonder investor shirt.
Invest
$2,500
Receive
  • All of the above, plus a personal video thank you from Up Sonder CEO Derek Waleko.
Invest
$5,000
Receive
  • All of the above, plus a $250 credit for Up Sonder drone service mission.
Invest
$10,000
Receive
  • All of the above, plus a DJI Spark Drone.
Invest
$25,000
Receive
  • All of the above, plus round trip airfare (economy class) to Los Angeles CA, hotel accommodations (2 nights), dinner with the team, and a private flight session with CEO Derek Waleko.

Why others invested

See all reviews (0) See all (0)

This company's mission and the vision behind it are compelling. If you can do this well you should have great success. I look forward to seeing that happen and being a small part of it.

Profile picture of Robert Wright
Robert Wright
Active investor
over 6 years ago

Drones are rapidly emerging as a technology for high military usage; the average consumer market is yet untapped. I'm looking forward to seeing where this goes!

Profile picture of Walter Pierce
Walter Pierce
Investor
over 6 years ago

Love the founder’s big vision for the future and feel confident there’s a market in the near term to provide services to real estate, construction, and other customers to help them ramp up.

Profile picture of Brent Roberts
Brent Roberts
Active investor
over 6 years ago

About Up Sonder

Legal Name
Up Sonder, LLC
Founded
Oct 2015
Form
Delaware LLC
Employees
0
Website
upsonder.com
Social Media
Headquarters
Google Map location of of Up Sonder
5482 Wilshire Boulevard , Los Angeles, CA
Headquarters
5482 Wilshire Boulevard, Los Angeles, CA, United States 90036

Up Sonder Team
Everyone helping build Up Sonder, not limited to employees

Profile picture of Derek Waleko
Derek Waleko
CEO
Featured in Superheroes · Read
Profile picture of Isaac Nabors
Isaac Nabors
President
Profile picture of Sung  Moon Kang
Sung Moon Kang
CTO
Profile picture of Nhattrieu Chan Duong
Nhattrieu Chan Duong
Engineer
Profile picture of Joe  Christian
Joe Christian
Analyst
Profile picture of Kenneth Lowe
Kenneth Lowe
Advisor
4 more team members
Derek Waleko
CEO
Isaac Nabors
President
Sung Moon Kang
CTO
Nhattrieu Chan Duong
Engineer
Joe Christian
Analyst
Kenneth Lowe
Advisor
Logo of Up Sonder

Up Sonder

Up Sonder successfully raised $357,045 from 1366 investors on August 1, 2019
Profile picture of Bill Draper
Profile picture of Manuel R Gonzalez
Profile picture of Thomas Hartung
Profile picture of Bronskin Gilman
Profile picture of Gifford  Brown
Bill, Manuel R, Thomas, Bronskin, Gifford , and 1361 others invested. 410 Reviews
Republic

Giving everyone access to early-stage startup investing

For investors
  • Why invest
  • How it works
  • FAQ
  • Risks
  • Privacy policy
  • Accessibility
  • Cookie Preferences
  • Form CRS
For startups
  • Why raise
  • Learn
  • FAQ
  • Instruments
  • Crowd SAFE
  • Tokenized assets
Company
  • About
  • Journal
  • Events
  • Contact
  • We're hiring!
Dollar Refer a startup, get $2,500
Dollar Refer a startup, get $2,500

Invest in the app

Android app iOS app

Invest in the app

Android app iOS app

This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.

All related securities activity is conducted by OpenDeal Broker LLC a registered broker-dealer, Member of FINRA and SiPC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, located at 149 5th Avenue, 10th Floor, New York, NY 10010. Please check our background on FINRA’s BrokerCheck.

Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site, or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value including the total loss of invested capital, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, who understand the risks of early-stage investment and who meet the Republic's investment criteria may invest. Investors may be restricted to only Accredited Investors or non-U.S. persons, to invest in offerings hosted by OpenDeal Broker. Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their officers, directors, agents and employees make any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this Site or the use of information on this site. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.

By accessing the Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures. All issuers offering securities under regulation crowdfunding as hosted by OpenDeal Portal LLC are listed on the All Companies Page. The inclusion or exclusion of an issuer on the Platform Page and/or Republic’s Homepage, which includes offerings conducted under regulation crowdfunding as well as other exemptions from registration, is not based upon any endorsement or recommendation by OpenDeal Inc, OpenDeal Portal LLC, or OpenDeal Broker LLC, nor any of their affiliates, officers, directors, agents, and employees. Rather, issuers of securities may, in their sole discretion, opt-out of being listed on the Platform Page and Homepage.

Investors should verify any issuer information they consider important before making an investment.

Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.

Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BankProv, member FDIC / member DIF. FDIC coverage only applies in the event of bank failure. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BankProv and are not guaranteed by BankProv. Terms and conditions apply.

Invest in startups using your credit card
You can invest using your credit card

Made in SF/NYC