DroneUp Overview
- Year Founded
-
2016
- Status
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Private
- Employees
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291
- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$950K
- Investors
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4
DroneUp General Information
Description
Operator of a drone flight platform intended to transform organizations with drone delivery and drone technology. The company's platform locates, qualifies, and deploys single-pilot or multi-pilot crews according to the client's requirements and also delivers on-demand services to commercial, government, and military organizations, and addresses critical airspace safety oversight, enabling clients to get a comprehensive network of pilots while maintaining a steadfast commitment to safety and responsible operations.
Contact Information
Website
www.droneup.comCorporate 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
DroneUp Timeline
DroneUp Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC | 05-Jan-2024 | $950K | Completed | Generating Revenue | ||
| 5. Later Stage VC | 21-Jul-2022 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 22-Nov-2021 | Completed | Generating Revenue | |||
| 3. Later Stage VC | 17-Jun-2021 | Completed | Generating Revenue | |||
| 2. Debt - PPP | 05-Apr-2020 | $190K | Completed | Generating Revenue | ||
| 1. Seed Round | 05-Feb-2019 | Completed | Startup |
VC Exit Predictor
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Opportunity Score
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Exit Type
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DroneUp Comparisons
Industry
Financing
Details
DroneUp Competitors (4)
One of DroneUp’s 4 competitors is Stockpile Reports, a Corporation company based in Redmond, WA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Stockpile Reports | Corporation | Redmond, WA | ||||
| H3 Dynamics | Venture Capital-Backed | Singapore, Singapore | ||||
| AirMap | Formerly VC-backed | Virginia Beach, VA | ||||
| Skycatch | Venture Capital-Backed | San Francisco, CA |
DroneUp Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
DroneUp Patents
DroneUp Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240384587-A1 | Access door of an unmanned aerial vehicle landing pad and methods of use | Pending | 19-May-2023 | ||
| US-20240383615-A1 | Package acceptance system of an unmanned vehicle pick-up and delivery system and methods of use | Pending | 19-May-2023 | ||
| US-20240383685-A1 | Unmanned vehicle pick-up and delivery system with automated robotic internal package transfer and methods of use | Pending | 19-May-2023 | ||
| US-20240383681-A1 | Alignment system for package pick-up and/or drop-off on an unmanned vehicle portal and methods of use | Pending | 19-May-2023 | ||
| US-20240383682-A1 | Multipronged end effector of robotic arm in an unmanned vehicle pick-up and delivery system for internal package transfer and methods of use | Pending | 19-May-2023 | B64U70/90 |
DroneUp Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
DroneUp Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BlackForest Ventures | Family Office | Minority | ||
| Angel (individual) | Minority | |||
| Walmart | Corporation | Minority | ||
| Virginia Venture Partners | Venture Capital | Minority |
DroneUp Investments & Acquisitions (4)
DroneUp’s most recent deal was a Merger/Acquisition with AirMap. The deal was made on 01-Dec-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| AirMap | 01-Dec-2021 | Merger/Acquisition | Business/Productivity Software | ||
| Impli | 30-Jun-2021 | Early Stage VC | Monitoring Equipment | ||
| Web Teks | 16-Mar-2021 | Merger/Acquisition | IT Consulting and Outsourcing | ||
| AeroVista Innovations | 02-Apr-2020 | Merger/Acquisition | Education and Training Services (B2B) |
DroneUp Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| AirMap | Virginia Beach, VA | 2014 | |
| Web Teks | Chesapeake, VA | 1999 |
DroneUp FAQs
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When was DroneUp founded?
DroneUp was founded in 2016.
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Where is DroneUp headquartered?
DroneUp is headquartered in Virginia Beach, VA.
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What is the size of DroneUp?
DroneUp has 291 total employees.
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What industry is DroneUp in?
DroneUp’s primary industry is Other Commercial Services.
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Is DroneUp a private or public company?
DroneUp is a Private company.
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What is DroneUp’s current revenue?
The current revenue for DroneUp is .
-
How much funding has DroneUp raised over time?
DroneUp has raised $14.2M.
-
Who are DroneUp’s investors?
BlackForest Ventures, , Walmart, and Virginia Venture Partners have invested in DroneUp.
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Who are DroneUp’s competitors?
Stockpile Reports, H3 Dynamics, AirMap, and Skycatch are competitors of DroneUp.
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