Dayton’s DEXA raises $15 million Seed Round to take drone delivery mainstream
DEXA (Drone Express), a Dayton-based drone logistics startup, has closed an oversubscribed $15 million seed round to scale its operations and introduce at-home drone delivery in major U.S. cities.
The raise positions DEXA as one of the only companies of its size with all three critical FAA certifications — a combination that could allow the Ohio startup to compete directly with global delivery giants.
Why it matters
Drone delivery has been hyped for more than a decade, but widespread adoption has lagged. More than six years after the FAA approved commercial home deliveries, service remains limited mostly to rural pilots. DEXA’s hometown-first model is designed to break that cycle, empowering local retailers with fast, eco-friendly delivery tools without massive fulfillment centers.
While some drone providers have shifted their focus toward rural markets, DEXA is leaning into cities, aiming to solve the dense-market challenges that rivals have avoided. By working directly with small and mid-sized businesses, the company gives Main Street shops the same reach as e-commerce leaders.
The funding
- $15M seed raised in three $5M stages (2021, 2023, 2025)
- Led by G2A Investment Partners, joined by Venture 53 and Tech Square Ventures
- Capital will expand DEXA’s delivery networks, onboard retail partners, and scale metropolitan operations
FAA clearances give DEXA an edge
DEXA is among a handful of U.S. companies to integrate operations and manufacturing while holding:
- Part 135 Carrier Certificate for on-demand air service.
- A nationwide BVLOS waiver (beyond visual line of sight), allowing drones to fly out of view without case-by-case approvals.
- Certification to manufacture its own U.S.-made aircraft, the DE-2020 hexacopter.
- The combination allows DEXA to control the entire delivery ecosystem, a key differentiator in a regulated industry.
Bottom line
Founded in 2021, DEXA has deep Ohio roots — it designs and manufactures its own drones in Dayton and operates the DEXA NOW delivery marketplace app.
And with $15 million in fresh capital and full FAA credentials, DEXA is betting it can succeed where bigger players stalled: making drone delivery a reality for everyday retailers and consumers.