Teal Drones Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 51

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $26M

Teal Drones General Information

Description

Developer of small unmanned vehicle systems catering across federal, state and enterprise applications. The company's system has a state-of-the-art air control device that is rugged, ergonomic, secured, compliant and packed with artificial intelligence software, enabling government and enterprise sectors to use it for a wide range of applications.

Contact Information

Website
www.tealdrones.com
Formerly Known As
iDrone, Idrone, Inc.
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 2800 South West Temple Street
  • Unit 2, South Salt lake
  • Salt Lake City, UT 84115
  • United States
+1 (801)
Primary Industry
Aerospace and Defense
Other Industries
Electrical Equipment
Parent Company
Red Cat Holdings
Vertical(s)
Robotics and Drones, Industrials, Artificial Intelligence & Machine Learning
Corporate Office
  • 2800 South West Temple Street
  • Unit 2, South Salt lake
  • Salt Lake City, UT 84115
  • United States
+1 (801)

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Teal Drones Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 31-Aug-2021 $26M Completed Generating Revenue
6. Accelerator/Incubator Completed Generating Revenue
5. Later Stage VC (Series A1) 08-Feb-2021 Completed Generating Revenue
4. Early Stage VC (Series A) 01-Mar-2019 Completed Generating Revenue
3. Seed Round 26-Oct-2016 Completed Generating Revenue
2. Seed Round 18-Dec-2015 $2.8M $2.8M Completed Generating Revenue
1. Grant 05-Jun-2015 $100K Completed Generating Revenue
To view Teal Drones’s complete valuation and funding history, request access »

Teal Drones Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-2
Series A-1 Exchange
Series A-1
Series A Exchange
Series A
Seed Prime Exchange
Seed Prime
Seed Exchange 7,600,000 $0.000010 $0.4 $0.4 1x $0.4 0%
Seed 7,600,000 $0.000010 $0.4 $0.4 1x $0.4 17.71%
To view Teal Drones’s complete cap table history, request access »

Teal Drones Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of small unmanned vehicle systems catering across federal, state and enterprise applications. The company's sy
Aerospace and Defense
Salt Lake City, UT
51 As of 2025

Tallinn, Estonia
 

Bigfork, MT
 
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Teal Drones Competitors (16)

One of Teal Drones’s 16 competitors is Milrem Robotics, a Formerly PE-Backed company based in Tallinn, Estonia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Milrem Robotics Formerly PE-Backed Tallinn, Estonia
uAvionix Private Equity-Backed Bigfork, MT
Elbit Systems Corporation Haifa, Israel
Northrop Grumman Corporation Falls Church, VA
Anduril Venture Capital-Backed Costa Mesa, CA
You’re viewing 5 of 16 competitors. Get the full list »

Teal Drones Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Teal Drones Former Investors (16)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alumni Ventures Venture Capital Minority
BYU Cougar Capital Venture Capital Minority
Dcode Accelerator/Incubator
Decathlon Capital Partners Lender/Debt Provider Minority
Harpoon VC Venture Capital Minority
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Teal Drones FAQs

  • When was Teal Drones founded?

    Teal Drones was founded in 2014.

  • Where is Teal Drones headquartered?

    Teal Drones is headquartered in Salt Lake City, UT.

  • What is the size of Teal Drones?

    Teal Drones has 51 total employees.

  • What industry is Teal Drones in?

    Teal Drones’s primary industry is Aerospace and Defense.

  • Is Teal Drones a private or public company?

    Teal Drones is a Private company.

  • What is the current valuation of Teal Drones?

    The current valuation of Teal Drones is .

  • What is Teal Drones’s current revenue?

    The current revenue for Teal Drones is .

  • How much funding has Teal Drones raised over time?

    Teal Drones has raised $14.3M.

  • Who are Teal Drones’s investors?

    Alumni Ventures, BYU Cougar Capital, Dcode, Decathlon Capital Partners, and Harpoon VC are 5 of 16 investors who have invested in Teal Drones.

  • Who are Teal Drones’s competitors?

    Milrem Robotics, uAvionix, Elbit Systems, Northrop Grumman, and Anduril are some of the 16 competitors of Teal Drones.

  • When was Teal Drones acquired?

    Teal Drones was acquired on 31-Aug-2021.

  • Who acquired Teal Drones?

    Teal Drones was acquired by Red Cat Holdings.

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