AirMap Overview
- Year Founded
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2014
- Status
-
Acquired/Merged
- Employees
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79
- Latest Deal Type
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M&A
AirMap General Information
Description
Developer of an airspace management platform designed to accelerate the adoption of small unmanned aerial system (sUAS) technology by providing the digital infrastructure to unlock safe and efficient drone flight at scale. The company's platform connects airspace authorities with the drone ecosystem to exchange dynamic information, creating an efficient environment in the low-altitude airspace, enabling clients to create a safe environment, scale operations, and automate traffic management with an easy-to-use cloud-based dashboard to make integration easy.
Contact Information
Website
www.airmap.com(Operating Subsidiary)
Corporate Office
- 160 Newtown Road
- Suite 500
- Virginia Beach, VA 23462
- United States
Corporate Office
- 160 Newtown Road
- Suite 500
- Virginia Beach, VA 23462
- United States
AirMap Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | 01-Dec-2021 | Completed | Generating Revenue | |||
| 9. Grant | 09-Sep-2020 | Completed | Generating Revenue | |||
| 8. Debt - PPP | 10-Apr-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C) | 25-Mar-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 06-Mar-2019 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 19-Feb-2019 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 14-Feb-2017 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 21-Jul-2016 | Completed | Generating Revenue | |||
| 2. Seed Round | 30-Jun-2015 | $2.6M | $2.6M | Completed | Startup | |
| 1. Seed Round | 01-Jan-2014 | Completed | Startup |
AirMap Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 13,444,472 | $0.001000 | $1.12 | $1.12 | 1x | $1.12 | 15.03% | |
| Seed | 6,169,802 | $0.001000 | $0.43 | $0.43 | 1x | $0.43 | 6.9% |
AirMap Comparisons
Industry
Financing
Details
AirMap Competitors (24)
One of AirMap’s 24 competitors is OneSky, a Venture Capital-Backed company based in Exton, PA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| OneSky | Venture Capital-Backed | Exton, PA | ||||
| Airspace Link | Venture Capital-Backed | Detroit, MI | ||||
| Aloft | Private Equity-Backed | Silver Spring, MD | ||||
| DroneUp | Venture Capital-Backed | Virginia Beach, VA | ||||
| Skycatch | Formerly VC-backed | San Francisco, CA |
AirMap Patents
AirMap Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2015374040-A1 | System and method for controlling autonomous flying vehicle flight paths | Inactive | 31-Dec-2014 | ||
| EP-3241205-A2 | System and method for controlling autonomous flying vehicle flight paths | Inactive | 31-Dec-2014 | ||
| EP-3241205-A4 | System and method for controlling autonomous flying vehicle flight paths | Inactive | 31-Dec-2014 | ||
| US-20170309191-A1 | System and method for controlling autonomous flying vehicle flight paths | Inactive | 31-Dec-2014 | ||
| WO-2016109646-A2 | System and method for controlling autonomous flying vehicle flight paths | Inactive | 31-Dec-2014 | G08G5/25 |
AirMap Signals
AirMap Former Investors (35)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Airbus Ventures | Venture Capital | Minority | ||
| Alpha Edison | Venture Capital | Minority | ||
| Baidu Ventures | Corporate Venture Capital | Minority | ||
| Blazing Equity | Venture Capital | Minority | ||
| Bullpen Capital | Venture Capital | Minority |
AirMap Investments & Acquisitions (2)
AirMap’s most recent deal was a Merger/Acquisition with Hangar. The deal was made on 23-Sep-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Hangar | 23-Sep-2019 | Merger/Acquisition | Business/Productivity Software | ||
| Rakuten AirMap | 07-Mar-2017 | Joint Venture | Business/Productivity Software |
AirMap FAQs
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When was AirMap founded?
AirMap was founded in 2014.
-
Where is AirMap headquartered?
AirMap is headquartered in Virginia Beach, VA.
-
What is the size of AirMap?
AirMap has 79 total employees.
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What industry is AirMap in?
AirMap’s primary industry is Business/Productivity Software.
-
Is AirMap a private or public company?
AirMap is a Private company.
-
What is AirMap’s current revenue?
The current revenue for AirMap is .
-
How much funding has AirMap raised over time?
AirMap has raised $77.4M.
-
Who are AirMap’s investors?
Airbus Ventures, Alpha Edison, Baidu Ventures, Blazing Equity, and Bullpen Capital are 5 of 35 investors who have invested in AirMap.
-
Who are AirMap’s competitors?
OneSky, Airspace Link, Aloft, DroneUp, and Skycatch are some of the 24 competitors of AirMap.
-
When was AirMap acquired?
AirMap was acquired on 01-Dec-2021.
-
Who acquired AirMap?
AirMap was acquired by DroneUp.
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