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Indemnis isn't accepting new investments

Indemnis’ deadline was November 1, 2018

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Indemnis

Enabling the future of drone delivery
Hardware Veteran Founders Drones B2B Women Founders
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$629,992
Raised
1,058
Investors
Successfully funded and closed on November 1, 2018.
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Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Indemnis, Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Indemnis Crowd SAFE IndemnisFormC.pdf
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Hear from some of the 1,058 investors in Indemnis


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Deal highlights

  • A complete solution (hardware + services) for businesses to fly commercial-sized drones over populated areas  
  • Engineering a new standard of safety that addresses public concern
  • Only company to publicly prove the functionality and reliability of a parachute recovery system to the Federal Aviation Administration (FAA) and industry leaders
  • Exceeds upcoming global regulatory standards from civil aviation authorities
  • Patented breakthrough technologies and systems 
  • $3.4M+ raised to date from private investors 
  • $127B total available market by 2020

100,000+ Commercial drone pilots in US who cannot fly over people

Per the FAA, as of January 2018, there are 100,000+ Part 107 commercial pilots in the US using drones in business. Their numbers grow by 300 each day. The ability to operate a UAV over urban environments for commercial purposes is critical for the industry to expand. Commercial use of drones will cut cost, increase efficiency, improve safety, time, convenience, and overall expand commercial operations.

The danger of operating drones over urban environments is that flight conditions are constantly changing, and drones are unpredictable when failure happens. When a 20-pound object falls out of the sky, it is not just hurting someone—it is killing someone. That is not a risk the public should have to accept.

As a result, the FAA and other international aviation authorities have prohibited commercial flight operations over non-involved people. This risk-averse restriction is preventing growth of this rapidly evolving industry—and will continue to restrict growth until there is a reliable failsafe solution...

Indemnis—making safe, regulated commercial flight over people possible

Indemnis provides both the hardware and the services that enable the integration of small unmanned aerial vehicles (sUAS) into the national airspace for the purpose of safely performing commercial operations over urban environments.

  •  “Just in case” safety  Like seat belts or airbags in cars, Indemnis UAV recovery systems are the next generation of safety technology. Our products were developed in response to public concerns over injury. We add the necessary measure of “just in case” safety.
  •  Setting the bar  Indemnis recovery solutions are designed to exceed expected FAA safety standards for flight over people.
  • Unmatched in the market  Indemnis is the only company to publicly prove and validate the functionality and reliability of a parachute recovery system to the FAA and industry leaders.  
  1. Quick release clamp for easy installation and user friendly arming process with visual LED and audible status updates.Your browser does not support HTML5 video.
  2. Does not rely on the aircraft in a failure scenario — Auto deployment software detects a fall within 6–10 feet of vertical descent (and our product also includes a manual trigger-by-pilot option).
  3. Deploys in under 30 milliseconds at 90 mph, escaping the roll radius to prevent entanglement so the chute will open successfully.
  4. Deployment tube, made from ultra-high-strength Dyneema Composite Fabric TM materials, remains rigid — removing the attachment point of the parachute lines away from the control surfaces of the drone.
  5. Decelerates the UAV to a stabilized vertical descent rate of 6.8 mph (Nexus i2).

$127B market for commercial drone operation by 2020 

All previous market predictions have continuously underestimated the size and value of the drone market, and investment bankers have refused to make new predictions for the industry until the necessary regulatory framework is in place. Evaluating the industry drone use breakdown, a majority of business use cases involve some form of operation above non-participating human beings and beyond-line-of-sight operations; this requires a need to prove the operations can completed safely before they will be approved by the FAA.

People are just beginning to understand that machines will be buzzing above our heads on a daily basis and the sky is about to become far busier than ever imagined. Time Magazine recently published an article and declared this the drone age, "Drones are here to stay. Get used to it." (http://time.com/longform/time-...)

Indemnis is focused on growing the market share and being the leader in enabling flight operations over people without limitations, from the regulation and waiver processes to hardware and service.

The dream of Jetson-style transportation is becoming reality

UAV or drone technology is revolutionizing business operations across the globe. Flight operations over urban areas will increase efficiency, improve safety, and expand commercial operations in virtually every industry.


We are prepared to succeed.

  • IP portfolio includes: approved patent on the generation 1 inflatable parachute airbag system (SLS) and approved patent on the generation 2 inflatable deployment apparatus for descent restraint system for aerial vehicles (Nexus); patents pending on material welding technology, material prep process, valve assembly, and shock cord technology.

  • To make our product possible we developed the technology to weld the Dyneema® composite fabric to allow the creation of our products to be possible. (Dyneema® is the world’s strongest mass produced fiber on the planet and is 15 times stronger than steel. This technology has many market uses).

  • Because the market is so rapidly changing, many of our technological advances and/or research and development breakthroughs are kept confidential.

Leading the Pack...

When Indemnis began in 2014, the website was a white background with the words, “If you knew what we were up to, you would know we are about to change the world”, and that slogan still rings true today. Flight over people is going to change the landscape of the way businesses operate and Indemnis is the solution that is going to make it possible for non-robust consumer drones to safely be allowed to conduct commercial flight operations over people.

Since launching the Nexus last May, Indemnis has created a new standard in the industry. Through the process of vetting the functionality of our system with regulators and industry leaders, we have become leaders and experts in the failure dynamics unique to multi-rotor UAV flight.

Regulators have entrusted our team to help author the rules that are enabling the industry to expand. Indemnis was appointed as the technical lead for the ASTM testing standard specification WK59171 for Small Unmanned Aircraft System (sUAS) Parachutes. That standard is intended to set the bar for safety requirements for operations over people. Indemnis was also recently appointed as technical lead for a new initiative: to create a complete guide for all flight-over-people operations and the process of obtaining a waiver to fly drones over populated areas. This is a tall order, and the responsibility speaks volumes about the capabilities of our management team and the respect from our industry.



"This energetic, innovative startup seeks to transform the world by providing needed safety solutions to the commercial UAV community,”   TheTechTribune


The name Indemnis, Latin for “without hurt, harm or damage,” stands as a reminder of the company’s protective promise and mission. We take pride in creating a culture that allows innovation to flourish.

In 2014, our founding team set out to make a solution that would protect life and property on the ground when a drone falls out of the sky. What began as a drawing on a napkin quickly turned into assembling a cut-up air mattress and our first prototype. Since then, we’ve worked to bridge the gap between concept and reality—the word impossible does not exist in our vocabulary. We are privileged to have pulled together some of the brightest minds and out-of-the-box thinkers, and we humble ourselves daily with the speed at which we make advancements.

We work hard to continually create a culture where everyone feels respected and challenged, where people love their jobs. The executive team does not expect anything out of others, that we wouldn’t do ourselves. We have worked together as a team for almost ten years and built an environments of trust. To the outside world, Amber leads everything business related and externally focused and Alan leads the technical R/D and product innovation – in reality we lead as a super unit.

Flight over people is going to change the landscape of the way businesses operate and Indemnis is the solution. Our hardware makes it possible for non-robust consumer drones to safely be allowed to fly without limitations, but our leadership team gives Indemis the ability to take calculated risks and quickly course correct when needed so that we continuously head in the right direction in a rapidly evolving industry.

Join us as we commercialize flight over people and enable the expansion of the industry!

Deal terms


Valuation cap

$25,000,000

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

Discount

0%

If a trigger event for Indemnis 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 Indemnis is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Indemnis 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 Indemnis, Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Indemnis Crowd SAFE IndemnisFormC.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Indemnis.
Invest
$100
Receive
  • Your name will be written on our website (with your consent) as a Thank You!
Invest
$1,000
Receive
  • All the above + Indemnis Koozie
Invest
$2,500
Receive
  • All the above + Indemnis Keychain
Invest
$5,000
Receive
  • All the above + Indemnis Stress Drone
Invest
$10,000
Receive
  • All the above + Indemnis Drone Screwdriver
Invest
$25,000
Receive
  • All the above + Indemnis Investor Shirt
Invest
$50,000
Receive
  • All the above + Indemnis exclusive early access to purchase Beta products and Flight over People Data Package
Invest
$75,000
Receive
  • All the above + Indemnis DJI Spark
Invest
$107,000
Receive
  • All the above + Private tour of our facility and live demonstration

Why others invested

See all reviews (263) See all (263)

A necessary innovation for the future of drones, both to prevent injuries and to save drones.

Profile picture of Alan Goldberg
Alan Goldberg
Active investor
over 7 years ago

I invested because I see the immense potential of the project and wish to join in sharing the rewards.

Profile picture of Robert B Weber
Robert B Weber
Active investor
over 7 years ago

I support Alan's leadership, vision and the creation of a new paradigm of entrepreneurship in Alaska.

Profile picture of Elizabeth Posey
Elizabeth Posey
Investor
over 7 years ago

Endorsed by

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About Indemnis

Legal Name
Indemnis, Inc
Founded
Sep 2016
Form
Delaware Corporation
Employees
11
Website
indemnis.com
Social Media
Headquarters
Google Map location of of Indemnis
6250 Tuttle Place , Anchorage, AK
Headquarters
6250 Tuttle Place, Anchorage, AK, United States 99507

Indemnis Team
Everyone helping build Indemnis, not limited to employees

Profile picture of Amber McDonald
Amber McDonald
Co-Founder & President/CEO
Featured in Superheroes · Read
Profile picture of Alan  Erickson
Alan Erickson
Founder/ CTO
Profile picture of Aaron Dallek
Aaron Dallek
Board Member
Profile picture of Mackenzie Banbury
Mackenzie Banbury
Co-Founder/ Media Manager
Profile picture of Mike  Collier
Mike Collier
Co-Founder/ Embedded Systems Developer
Profile picture of Mitch Monnett
Mitch Monnett
Co-Founder/ Machinist
Profile picture of Matti  Dupre
Matti Dupre
Co-Founder/ Marketing
Profile picture of Zachary  Cawvey
Zachary Cawvey
Chief Engineer
Profile picture of Warren  Reasner
Warren Reasner
RF Engineer
Profile picture of Carol  Norton
Carol Norton
Special Projects to the CEO
Profile picture of Dave  Buss
Dave Buss
Product Designer
Profile picture of AJ Robinson, Jr.
AJ Robinson, Jr.
Software Technician
Profile picture of Jacob Pryor
Jacob Pryor
Office/ Shop Assistant
Profile picture of Joe Mahlen
Joe Mahlen
RF Assistant
Profile picture of Jose McPherson
Jose McPherson
Sales Representative
Profile picture of Scott Vigil
Scott Vigil
Embedded Systems
Profile picture of Brian  Crawford
Brian Crawford
Embedded Systems
15 more team members
Amber McDonald
Co-Founder & President/CEO
Aaron Dallek
Board Member
Mackenzie Banbury
Co-Founder/ Media Manager
Alan Erickson
Founder/ CTO
Mike Collier
Co-Founder/ Embedded Systems Developer
Mitch Monnett
Co-Founder/ Machinist
Matti Dupre
Co-Founder/ Marketing
Zachary Cawvey
Chief Engineer
Warren Reasner
RF Engineer
Carol Norton
Special Projects to the CEO
Dave Buss
Product Designer
AJ Robinson, Jr.
Software Technician
Jacob Pryor
Office/ Shop Assistant
Joe Mahlen
RF Assistant
Jose McPherson
Sales Representative
Scott Vigil
Embedded Systems
Brian Crawford
Embedded Systems

Press

Anchorage startup perfecting revolutionary drone safety s...
Alaska Journal
·
Oct 25, 2018

Alaska has been at the forefront of developing rules and technologies for getting drones in the air and now the leaders o...

Drone Startup, INDEMNIS, Brings Functional and Reliable P...
GritDaily GritDaily
·
Oct 23, 2018

As the only company to publicly prove and validate the functionality and reliability of parachute recovery systems, Indem...

Survey Shows Founders Ignored by VCs Are Succeeding With ...
Entrepreneur Entrepreneur
·
Oct 22, 2018

8 min read Opinions expressed by Entrepreneur contributors are their own. According to recent research done by Harvard Bu...

Drone Delivery Becomes a Reality With Help of Parachutes
Cheddar Cheddar
·
Sep 19, 2018

Drone delivery is a fixture of most fantasies about the future, but when will it actually happen? Indemnis' Amber McDonal...

3 Best Tech Startups in Alaska
The Tech Tribune The Tech Tribune
·
Jul 25, 2018

The Tech Tribune staff has compiled the very best tech startups in Alaska. In doing our research, we considered several f...

Parachutes For Drones: People Protectors
Avweb Avweb
·
May 3, 2018

While drones are increasingly used near crowds, the FAA still prohibits their flight directly over people. As a means of ...

The Alliance for Drone Innovation - DRONELIFE
DRONELIFE DRONELIFE
·
Apr 7, 2018

Manufacturing giant DJI has announced the launch of the Alliance for Drone Innovation (ADI), an effort to broaden the sup...

Introducing the Alliance for Drone Innovation - Unmanned ...
Unmanned Aerial Unmanned Aerial
·
Apr 6, 2018

The Alliance for Drone Innovation (ADI) - a policy-oriented coalition of manufacturers, suppliers, and software developer...

Drone Ballistic Recovery System Nears
Aviation International News Aviation International News
·
Dec 29, 2017

Indemnis hopes to put its Nexus ballistic drone recovery system on the market and satisfy upcoming FAA regulations for UA...

Indemnis Safety Parachute for Drones - DRONELIFE
DRONELIFE DRONELIFE
·
Jun 19, 2017

The Roswell Test Flight Crew met with several companies while attending Xponential in Dallas a couple months ago. In this...

Are Drone Deliveries Around The Corner? - Plane & Pilot M...
Plane & Pilot Magazine
·
May 16, 2017

With new developments in UAV technology, the time may come faster than expected 97 miles doesn't exactly sound like a lon...

Drone Delivery (w/ Amber McDonald)
Omny Studio Omny Studio

Amber McDonald, CEO of Indemnis, talks about the future of drone delivery. Her company wants to make delivering faster an...

Alaska company on the cutting edge of drone technology
Ktva Ktva

An Alaska company is working with the FAA and other industry leaders to create rules and regulations for drones while dev...

Harxon Corporation
Harxon

Harxon Corporation is one of the worldwide leading suppliers in satellite positioning area, focusing on the research and ...

New parachute for drones hits market
Aopa Aopa

Alan Erickson, president and CEO of a startup called Indemnis, said the effort to make a better and more effective parach...

parachute Archives - Drone U™
Drone U™ Drone U™

Today's episode is about ballistic parachutes and how they just might make flight over people possible. We are joined by ...

XPONENTIAL 2018 is Just Around the Corner | RoboticsTomorrow
Roboticstomorrow Roboticstomorrow

The Association for Unmanned Vehicle Systems International is the world's largest nonprofit organization devoted exclusiv...

Show all
Logo of Indemnis

Indemnis

Indemnis successfully raised $629,992 from 1058 investors on November 1, 2018
Profile picture of Theresa Weik
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Theresa, Alicia, William , Danil, Jim, and 1053 others invested. 263 Reviews
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