About AirMap
AirMap is a company based in Santa Monica (United States) founded in 2014 was acquired by DroneUp in December 2021.. AirMap has raised $77.96 million across 7 funding rounds from investors including Honeywell, DroneUp and Social Capital. The company has 33 employees as of December 31, 2022. AirMap has completed 1 acquisition, including Hangar Technology. AirMap operates in a competitive market with competitors including SkyWatch, SkyGrid, Airspace Link, AutoPylot and AirHub, among others.
- Headquarter Santa Monica, United States
- Employees 33 as on 31 Dec, 2022
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Airmap, Inc.
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Funding Insights of AirMap
AirMap has successfully raised a total of $77.96M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $708.35 thousand completed in June 2020. 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 Grant — $708,353
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First Round
First Round
(13 Jul 2015)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Grant - AirMap | Valuation |
investors |
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| Mar, 2020 | Amount | Series C - AirMap | Valuation |
investors |
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| Mar, 2019 | Amount | Series B - AirMap | Valuation | Temasek |
| 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 AirMap
AirMap has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Honeywell, DroneUp and Social 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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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made across US, Europe, and Asia.
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Founded Year | Domain | Location | |
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Venture capital investing in technology sectors such as AI and automotive.
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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 AirMap
AirMap has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hangar Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Drone flight and data management software is developed for enterprises.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AirMap
| 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 |
Airmap Comparisons
Competitors of AirMap
AirMap 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 SkyWatch, SkyGrid, Airspace Link, AutoPylot and AirHub, 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 |
Insurance solutions are provided for drones and light aircraft.
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| domain | founded_year | HQ Location |
Airspace management systems for unmanned aircraft are provided by SkyGrid.
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| domain | founded_year | HQ Location |
Cloud-based solutions for drone delivery infrastructure are provided.
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| domain | founded_year | HQ Location |
AutoPylot is recognized as a provider of drone flight planning software.
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| domain | founded_year | HQ Location |
Drone flight planning platform is provided for enterprises.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Airmap
Frequently Asked Questions about AirMap
When was AirMap founded?
AirMap was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is AirMap located?
AirMap is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is AirMap a funded company?
AirMap is a funded company, having raised a total of $77.96M across 7 funding rounds to date.
How many employees does AirMap have?
As of Dec 31, 2022, the latest employee count at AirMap is 33.
What does AirMap do?
AirMap was founded in 2014 in Santa Monica, United States, operating in the drone airspace management sector. Flight planning software is supplied to operators for collision avoidance and regulatory compliance. Airspace maps are developed to guide pilots on flight paths, incorporating restrictions through government partnerships. Mapping integrations are extended to drone manufacturers and developers for embedded use.
Who are the top competitors of AirMap?
AirMap's top competitors include SkyGrid, Airspace Link and FlyNex.
How many acquisitions has AirMap made?
AirMap has made 1 acquisition, including Hangar Technology.
Who are AirMap's investors?
AirMap has 18 investors. Key investors include Honeywell, DroneUp, Social Capital, Temasek, and European Union.
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