How Much Did Teal Drones Raise?
Funding & Key Investors

Teal Drones has solidified its position as a critical player in the defense technology landscape, securing a total capital infusion of $7.2M. This trajectory of financial backing, punctuated by a recent strategic investment of $1.2M, underscores the company's growing importance in the small unmanned aircraft systems (sUAS) market. By aligning its operational roadmap with the evolving requirements of modern defense, the firm continues to attract significant interest from both public and private stakeholders.

The company's history of capital acquisition reflects a steady maturation, moving from early-stage development to high-stakes enterprise-level engagements. This latest financing round serves as a testament to the firm's ability to deliver mission-critical hardware in an increasingly complex geopolitical environment.

What is Teal Drones?

Teal Drones
ManufacturingAerospace & Defense

Headquartered in Salt Lake City, Teal Drones operates at the intersection of aerospace engineering and national security. The company specializes in the design and manufacturing of advanced sUAS platforms, such as the Black Widow and Teal 2, which are engineered for intelligence, surveillance, and reconnaissance (ISR) missions. By prioritizing modularity and interoperability, Teal Drones provides the U.S. military and its allies with the tactical flexibility required for modern operational theaters. Beyond defense, the company leverages its proprietary technology to serve commercial and public safety sectors, offering aerial solutions that demand high reliability and rapid deployment capabilities in challenging environments.

How much funding has Teal Drones raised?

Teal Drones has raised a total of $7.2M across 4 funding rounds:

2016

Angel/Seed

$2.8M

Private Equity

$3M

2020

Debt

$150K

2023

Other Financing Round

$1.2M

Angel/Seed (2016): $2.8M, investors not publicly disclosed

Private Equity (2016): $3M, investors not publicly disclosed

Debt (2020): $150K supported by PPP

Other Financing Round (2023): $1.2M featuring United States Army

Key Investors in Teal Drones

United States Army

The United States Army is the primary land service branch of the U.S. Armed Forces, focused on national security and the procurement of advanced military technology for operational superiority.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Teal Drones?

With the recent influx of capital, Teal Drones is well-positioned to scale its manufacturing capacity and accelerate the research and development of next-generation autonomous systems. The strategic focus will likely remain on deepening integration with defense-grade communication networks and enhancing the AI-driven capabilities of its drone fleet. As the demand for secure, domestic-made unmanned systems continues to rise, the company is expected to expand its footprint within the defense industrial base, potentially exploring new partnerships to bolster its supply chain resilience and technological superiority in the global ISR market.

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Frequently Asked Questions Regarding Teal Drones Financial Insights

What are the most recent funding rounds that Teal Drones has completed, and what were the funding rounds?
Teal Drones has recently completed 3 funding rounds: Other Financing Round on Jun 28, 2023, Debt on Apr 14, 2020, Private Equity on Oct 11, 2016.
What is the total amount of funding Teal Drones has raised to date?
Teal Drones has raised a total of $7.2M in funding to date.
How many funding rounds has Teal Drones completed?
Teal Drones has completed 3 funding rounds.
How much funding did Teal Drones raise in its most recent funding round?
Teal Drones raised $1.2M in its most recent funding round.
Who are the lead investors in Teal Drones's latest funding round?
The lead investor in Teal Drones's latest funding round was United States Army. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Teal Drones's history?
The largest funding round in Teal Drones's history was $3M.
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