What is DroneDeploy?
DroneDeploy operates as a leading cloud-based platform dedicated to drone mapping, site documentation, and reality capture. The company empowers businesses by enabling the creation of precise 2D maps, 3D models, and visual reports utilizing both aerial and ground-based data. Its innovative solutions are crucial for industries requiring accurate site analysis and progress tracking, positioning DroneDeploy as a key player in the geospatial technology market.
How much funding has DroneDeploy raised?
DroneDeploy has raised a total of $156M across 7 funding rounds:
Angel/Seed
$2M
Series A
$9M
Series B
$20M
Series C
$25M
Series D
$35M
Series E
$50M
Other Financing Round
$15M
Angel/Seed (2014): $2M with participation from DFJ, SoftTech VC, AngelPad, Redpoint Ventures, and Data Collective
Series A (2015): $9M led by AngelPad companies, Data Collective, and Emergence Capital Partners
Series B (2016): $20M supported by High Alpha and BA Venture Partners
Series C (2018): $25M featuring Invenergy Future Fund, AirTree Ventures, Scale Venture Partners, AngelPad companies, and Emergence Capital Partners
Series D (2019): $35M backed by Bessemer Venture Partners
Series E (2021): $50M with participation from Uncork Capital, Frontline Ventures, Bessemer Venture Partners, AngelPad, Emergence Capital Partners, BA Venture Partners, Energize Ventures LLC, and AirTree Ventures
Other Financing Round (2025): $15M, investors not publicly disclosed
Key Investors in DroneDeploy
Bessemer Venture Partners
Bessemer Venture Partners is a venture capital firm with a long history, established in 1911, and maintains offices across multiple global locations. They focus on investing in companies and providing capital to support their growth.
Emergence Capital Partners
Emergence Capital Partners is a venture capital firm that specializes in early-stage enterprise companies, aiming to be a valuable partner in transforming how the world operates through technology.
AirTree Ventures
AirTree Ventures is an early-stage venture capital firm dedicated to supporting founders in building significant technology companies, with a particular focus on the Australian and New Zealand regions.
What's next for DroneDeploy?
With its recent major strategic investment, DroneDeploy is poised for accelerated expansion and technological advancement. The company is likely to focus on enhancing its platform's AI capabilities for automated data analysis and insights, further integrating reality capture data into broader enterprise workflows. Expect DroneDeploy to deepen its market penetration across construction, agriculture, and energy sectors, potentially exploring new geographic markets and strategic partnerships to solidify its leadership in the drone-based data solutions industry.
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