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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$77.96 M (USD)
in 7 rounds
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Latest Funding Round
$708.35 K (USD), Grant
Jun 01, 2020
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Investors
Honeywell
& 17 more
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Employee Count
33
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
DroneUp
(Dec 07, 2021)
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People of AirMap
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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.
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.
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An investment platform is provided for diverse sectors and geographies.
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Early-stage tech investments are made across US, Europe, and Asia.
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Venture capital investing in technology sectors such as AI and automotive.
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Investor details for AirMap
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Investments & Acquisitions by AirMap
AirMap has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hangar Technology.
Investment portfolio details for AirMap
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| 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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Complete acquisition details for AirMap
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Financial Statements - AirMap
Detailed financials for AirMap
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Airmap Comparisons
Peer comparison for AirMap
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Insurance solutions are provided for drones and light aircraft.
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Airspace management systems for unmanned aircraft are provided by SkyGrid.
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Cloud-based solutions for drone delivery infrastructure are provided.
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AutoPylot is recognized as a provider of drone flight planning software.
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Drone flight planning platform is provided for enterprises.
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Detailed competitors of AirMap
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Latest news on Airmap
Complete news archive for AirMap
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Frequently Asked Questions about AirMap
AirMap was founded in 2014 and raised its 1st funding round 1 year after it was founded.
AirMap is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
AirMap is a funded company, having raised a total of $77.96M across 7 funding rounds to date.
As of Dec 31, 2022, the latest employee count at AirMap is 33.
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.
AirMap's top competitors include SkyGrid, Airspace Link and FlyNex.
AirMap has made 1 acquisition, including Hangar Technology.
AirMap has 18 investors. Key investors include Honeywell, DroneUp, Social Capital, Temasek, and European Union.