What is Propeller Aero?
Founded in 2014 and headquartered in Australia, Propeller Aero is a cloud-based drone analytics company specializing in drone-mapping and analytics solutions. The company empowers worksites with the ability to measure and manage themselves, providing critical data for operational efficiency and strategic decision-making. Propeller Aero's offerings are designed to integrate seamlessly into existing workflows, offering a comprehensive platform for drone data processing and analysis.
How much funding has Propeller Aero raised?
Propeller Aero has raised a total of $47.5M across 5 funding rounds:
Unspecified
$1M
Unspecified
$3.1M
Series A
$10M
Series B
$18M
Other Financing Round
$15.3M
Unspecified (2015): $1M with participation from Blackbird Ventures
Unspecified (2016): $3.1M led by Accel Partners, Blackbird Ventures, and Costanoa Ventures
Series A (2018): $10M supported by Sequoia China and Blackbird Ventures
Series B (2020): $18M featuring Blackbird plc and Costanoa Ventures
Other Financing Round (2023): $15.4M backed by Blackbird Ventures, Aware Super, and Costanoa
Key Investors in Propeller Aero
Blackbird Ventures
Blackbird Ventures is an Australian venture capital firm dedicated to supporting ambitious founders from the earliest stages through to later investment rounds. They provide strategic guidance and capital, aiming to foster the growth of technology companies.
Aware Super
Aware Super is a financial services provider offering pension savings services. Established in 1992, the firm is based in Wollongong, Australia.
Costanoa
Costanoa is an eco-adventure resort in coastal California, offering lodging and outdoor activities. It caters to nature enthusiasts and families seeking a tranquil getaway.
What's next for Propeller Aero?
The recent major strategic investment signals a new phase of growth and development for Propeller Aero. This capital infusion is expected to fuel further innovation in their drone analytics platform, potentially expanding market reach and enhancing product capabilities. The company's focus on enterprise-level solutions positions it for continued expansion within industries reliant on accurate worksite measurement and management.
See full Propeller Aero company page
