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DroneUp

DroneUp

Private
Virginia Beach, VirginiaFrontier & Industrial Techhttps://www.droneup.com/

Last Round

Debt

Jan 5, 2024

Total Funding Raised

$28.23M

Company Overview

DroneUp is an aerospace company that provides a platform for autonomous drone delivery and airspace management technology services for the commercial, government, and military sectors.

Sector

Frontier & Industrial Tech

Verticals

Drones & UAVs, Last-Mile Delivery, Logistics Software, Supply Chain

Business Model

B2B

Customer Profile

Services & Consulting, Usage-Based SaaS, Government Contracts

AI Layer

Application

Keywords

drone deliverylast-mile deliverydrones-as-a-serviceDaaSautonomous droneairspace managementdrone logisticsBVLOSbeyond visual line of sightaerial data collectiondrone fleet managementflight planning softwaredrone delivery serviceautonomous logisticsdrone tech

Historical Pricing

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DroneUp Comps

Public and private peers based on sector, stage, and business model.

DroneUp comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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DroneUp Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJan 5, 2024
GrantAug 24, 2022
Series AJul 8, 2022
VC RoundNov 22, 2021
Series AJun 17, 2021
Debt
Apr 28, 2020

Key People

Founding team and executive leadership

Tom Walker

CEO

Executive Team

Bernie Brown

Chief Financial Officer

Executive Team

John Gordy

Chief Financial Officer

Executive Team

Anthony Vittone

Executive Vice President Chief Operating Officer

Executive Team

DroneUp Investors

Notable investors and investment history

Market signals

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  • Jan 5, 2024

    $950K raised in debt financing.

  • Aug 24, 2022

    Secured $5M from Virginia Economic Development Incentive Grant.

DroneUp Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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DroneUp Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about DroneUp's valuation, stock price, and market status.

Firmographic Details

HeadquartersVirginia Beach, Virginia
Employee Range143
Year Founded2016
Last FundingJan 5, 2024

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