Header Image

Kofi Asante

Vice President of Strategy and Business Development at Elroy Air

Kofi is the VP of Strategy and Business Development at Elroy Air, an aerospace startup building an autonomous vertical take-off and landing system that can deliver 300 lbs of cargo over a 300-mile range. While at Elroy Air, Kofi has helped develop strategic partnerships with FedEx, NASA, Lockheed Martin, World Economic Forum, Air Force, Embraer, Bristow, and many Fortune 500 corporations. Elroy Air’s mission is to improve the quality of life around the world by expanding the reach of express logistics.

Elroy Air Video

Prior to Elroy Air, Kofi was a part of Uber’s Advanced technology strategy group team which launched Uber freight.  During his time at Uber freight, Kofi built an Uber entity he named “Powerloop” which decreases wait time for drivers and enables high utilization for autonomous trucks. The division is now expanding nationwide enabling drivers to seamlessly “loop” to their next load utilizing their “power” unit. The program has helped thousands of drivers maximize their workday and come home early to their families all at the same time.

Powerloop Video

Kofi currently serves as a venture partner at Rackhouse Ventures. Kofi also serves as an Advisor to the FVLCRUM Private Equity Fund, Visible Hands VC and is a board member at the Tufts Entrepreneurship Center. His ventures both at Uber and Elroy Air have been featured in Forbes, TechCrunch, PBS, Bloomberg, the Wallstreet Journal, the Washington Post, the Verge, and Business Insider.