What is Insitu?
Founded in 1994, Insitu Inc. is an American entity specializing in the design, development, and manufacturing of unmanned aerial systems (UAS). As a wholly owned subsidiary of Boeing Defense, Space & Security, Insitu operates with a global footprint, maintaining offices across the United States, the United Kingdom, and Australia. The company's focus on advanced UAS technology positions it as a key contributor to modern defense and surveillance capabilities, leveraging its deep expertise and integration within the broader Boeing ecosystem.
How much funding has Insitu raised?
Insitu has raised a total of $50.4M across 3 funding rounds:
Series B
$6.1M
Series C
$23M
Series D
$21.3M
Series B (2004): $6.1M, investors not publicly disclosed
Series C (2006): $23M led by Battery Ventures
Series D (2007): $21.3M supported by Battery Ventures and Avenue Partners
Key Investors in Insitu
Battery Ventures
Battery Ventures is a venture capital firm founded in 1983 that backs companies at all stages, ranging from seed and early to growth and buyout, with a focus on software and services, enterprise infrastructure, online marketplaces, healthcare IT, and industrial technology.
Avenue Partners
Second Avenue Partners is a Seattle-based venture capital firm that provides management, strategy, and capital for early-stage companies, investing in promising teams and transformational ideas across various sectors including internet, consumer and social media, software, and clean energy.
What's next for Insitu?
The substantial enterprise-level funding and recent strategic investment indicate Insitu is poised for significant expansion and technological advancement. This capital infusion is likely to fuel further research and development in autonomous systems, enhance manufacturing capabilities, and potentially support strategic acquisitions or partnerships. Insitu's trajectory suggests a continued focus on solidifying its market leadership in the UAS domain, driven by innovation and its strong ties to Boeing.
See full Insitu company page
