About Aereo
Aereo is a company based in Bengaluru (India) founded in 2013 by Vipul Singh and Suhas Banshiwala.. Aereo has raised $23.75 million across 7 funding rounds from investors including 360 One, LetsVenture and 3one4 Capital. The company has 366 employees as of January 25, 2025. Aereo operates in a competitive market with competitors including WeDoSky, New3S, SkyeBase, Ultraview and Minocular, among others.
- Headquarter Bengaluru, India
- Employees 366 as on 25 Jan, 2025
- Founders Vipul Singh, Suhas Banshiwala
- Stage Minicorn
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
*********
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Website
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Social
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- Legal Name Aarav Unmanned Systems Private Limited
- Date of Incorporation 26 Sep, 2013
- Jurisdiction Jakkur, Karnataka, India
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Annual Revenue
$6.56 M (USD)0as on Mar 31, 2024
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Net Profit
$-1.69 M (USD)0as on Mar 31, 2024
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EBITDA
$374.25 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$23.75 M (USD)
in 7 rounds
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Latest Funding Round
$1.8 M (USD), Series B
Sep 29, 2024
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Investors
360 One
& 37 more
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Employee Count
366
as on Jan 25, 2025
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Funding Insights of Aereo
Aereo has successfully raised a total of $23.75M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $1.8 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $1.8M
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First Round
First Round
(23 Feb 2016)
- Investors Count 38
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series B - Aereo | Valuation | JSW Ventures | |
| Jun, 2024 | Amount | Series B - Aereo | Valuation | 360 One , Startupxseed Ventures | |
| Aug, 2022 | Amount | Series A - Aereo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aereo
Aereo has secured backing from 38 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include 360 One, LetsVenture and 3one4 Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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JSW Ventures is engaged in venture capital funding for startups.
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Founded Year | Domain | Location | |
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Venture capital firm investing in deep tech and B2B early-stage startups.
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Founded Year | Domain | Location | |
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Investment in engineering-driven deep-tech and science ventures in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aereo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aereo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aereo Comparisons
Competitors of Aereo
Aereo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeDoSky, New3S, SkyeBase, Ultraview and Minocular, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Drone-based aerial data analytics solutions are provided for various sectors.
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| domain | founded_year | HQ Location |
Aerial surveying services are provided using proprietary drones.
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| domain | founded_year | HQ Location |
Provider of AI-enabled drone inspection and mapping services
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| domain | founded_year | HQ Location |
AI-driven drone inspections for aviation are provided by Ultraview.
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| domain | founded_year | HQ Location |
Drone surveying services for mining sites are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Aereo
Frequently Asked Questions about Aereo
When was Aereo founded?
Aereo was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Aereo located?
Aereo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Aereo?
Vipul Singh is the current CEO of Aereo. They have also founded this company.
Is Aereo a funded company?
Aereo is a funded company, having raised a total of $23.75M across 7 funding rounds to date. The company's 1st funding round was a Series A of $3.4M, raised on Feb 23, 2016.
How many employees does Aereo have?
As of Jan 25, 2025, the latest employee count at Aereo is 366.
What is the annual revenue of Aereo?
Annual revenue of Aereo is $6.56M as on Mar 31, 2024.
What does Aereo do?
A platform for drone surveys was founded in 2013 in Bengaluru, India. Operations focus on the geospatial and surveying sector, where integrated solutions are delivered for data collection and analysis. Survey-grade drones are supplied, alongside proprietary three-dimensional web-GIS tools that enable 360-degree visibility. Images are processed through multi-stage visual quality checks and parallel computing methods to support decision-making.
Who are Aereo's investors?
Aereo has 38 investors. Key investors include 360 One, LetsVenture, 3one4 Capital, Anicut Capital, and JSW Ventures.
What is Aereo's valuation?
The valuation of Aereo is $41.2M as of Aug 2022.
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