AirMap

Santa Monica, United States Founded: 2014 • Age: 12 yrs Acquired By DroneUp
Provider of planning software for drone collision avoidance and airspace information

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. 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
  • Sectors
    Aerospace, Defense & Maritime
  • Website airmap.com
  • Social LinkedIn X Facebook
  • Acquired by DroneUp (Dec 2021)
  • Legal Name Airmap, Inc.
Key Metrics
  • Total Equity Funding
    $77.96M (USD)

    in 7 rounds

  • Latest Funding Round
    $708.35K (USD), Grant

    Jun 2020

  • Investors
    Honeywell

    & 17 more

  • Employee Count
    33
  • Investments & Acquisitions
  • Acquired by
    DroneUp

    (Dec 2021)

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 $77.96M
  • Total Rounds 7
  • Last Round Grant β€” $708,353
  • First Round $2.6M

    (Jul 2015)

  • Investors Count 17

All 7 funding rounds of AirMap with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020$708,353Grant––
Mar 2020$31.76MSeries C––
–
Mar 2019–Series B–Temasek
Feb 2017$26MSeries B–M12
Apr 2016$15MSeries A–General Catalyst
Jul 2015$2.6MSeed––
Jul 2015$2.6MSeed–Lux Capital
Valuation history

18 investors in total: 18 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
An investment platform is provided for diverse sectors and geographies.
1974temasek.com.sgSingapore, Singapore
Early-stage tech investments are made across US, Europe, and Asia.
–airbusventures.vcMenlo Park, United States
Venture capital investing in technology sectors such as AI and automotive.
2000qualcommventures.comSan Diego, United States
Investment and transformation services for entrepreneurs in technology and finance sectors.
–generalcatalyst.com-
Seed and early-stage technology companies are funded by Lux Capital.
–luxcapital.comMenlo Park, United States
Venture capital fund investing in technology and AI sectors.
2016sonyinnovationfund.comTokyo, Japan
Venture capital firm focused on technology, fintech, e-commerce, mobility platforms, and multiple sectors
–capital.rakuten.comSetagaya City, Japan
Venture capital investments in technology startups are facilitated by M12.
–m12.vcSan Francisco, United States
US focused VC firm investing in seed & growth stage companies
2011socialcapital.comMenlo Park, United States
Investments in SaaS, marketplace, and middle market companies are managed.
–pritzkergroup.comChicago, United States
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Investor details for AirMap

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People of AirMap

13 people are tracked at AirMap (2 in leadership, 11 in board & advisors); the tracked headcount is 33.

NameRoleGroup
David Mulder
Interim CFOLeadership
Andreas Lamprecht
CTOLeadership
Ben Marcus
Chairman & Co-founderBoard & advisors
Tom Wheeler
DirectorBoard & advisors
Richard Deakin
AdvisorBoard & advisors
Katherine Boyle
DirectorBoard & advisors
Steve Crocker
AdvisorBoard & advisors
Peter Diamandis
AdvisorBoard & advisors
David Grizzle
AdvisorBoard & advisors
Hank Skorny
AdvisorBoard & advisors
Graham Richard
AdvisorBoard & advisors
Mike Herrick
AdvisorBoard & advisors
Bilal Zuberi
DirectorBoard & advisors
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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Drone flight and data management software is developed for enterprises.
hangar.comAustin, United States2016Sep 2019β€’β€’β€’β€’
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Timeline of AirMap

5 dated milestones of AirMap across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded AirMap is founded.
  2. Funding First funding round of $2.6M.
  3. Acquisition Acquires Hangar Technology.
  4. Funding Latest funding round, Grant, of $708K.
  5. Exit Acquired by DroneUp.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
skywatch.ai2016Palo Alto, United States$2M–
Insurance solutions are provided for drones and light aircraft.
skygrid.com2005Sunnyvale, United States$11M–
Airspace management systems for unmanned aircraft are provided by SkyGrid.
airspacelink.com2018Detroit, United States$38.47M–
Cloud-based solutions for drone delivery infrastructure are provided.
autopylot.io2021South Burlington, United States$1.68M–
AutoPylot is recognized as a provider of drone flight planning software.
airhub.app2016Rotterdam, Netherlands$1.06M–
Drone flight planning platform is provided for enterprises.
flynex.io2015Leipzig, Germany–27
Provider of cloud-based drone operation software for flight planning, execution, and analytics
onesky.xyz2017Exton, United States$4M17
Analytics and UTM systems for unmanned aerial vehicles are developed.
hangar.com2016Austin, United States$12.8M–
Drone flight and data management software is developed for enterprises.
paladindrones.io2018Mountain View, United States$21.43M–
Drone management tool to give first responders a live feed of emergencies
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Detailed competitors of AirMap

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Latest news on Airmap

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Complete news archive for AirMap

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Similar companies to AirMap

10 companies that operate in the same segment as AirMap (Drone & Aerial Mobility), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-utility drones are developed for agriculture and filmmaking sectors.
2006Shenzhen, Guangdong, ChinaUSD 105 M––
Provider of AI-based drone surveillance solutions for defense and maritime sector
2017Orange, California, United StatesUSD 11.29 B–2,193
Autonomous aerial vehicles are provided for consumer and commercial uses.
2014Guangzhou, Guangdong, ChinaUSD 94 MUSD 58.15 M483
Developer of unmanned aerial vehicles
2007Navi Mumbai, Maharashtra, IndiaUSD 53.82 MUSD 24.09 M595
Professional drones and software solutions are manufactured for specialized applications.
1994Paris, France–USD 93.74 M395
Manufacturer of drones and provider of drone-based solutions across various sectors
2015Chennai, Tamil Nadu, IndiaUSD 49.3 MUSD 12.94 M130
Autonomous drones, software, and accessories are manufactured for various sectors.
2014San Mateo, California, United StatesUSD 825 M–723
Autonomous drones and AI pilots for fighter jets are developed.
2015San Diego, California, United StatesUSD 3.17 B–641
Electric copters for urban mobility are manufactured and developed.
2011Bruchsal, Baden-wurttemberg, GermanyUSD 725.73 M––
Developer of small unmanned aerial systems
2015Gilching, Bayern, GermanyUSD 1.82 BUSD 39.45 M108
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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. The company's 1st funding round was a Seed of $2.6M, raised on Jul 2015.

AirMap has 33 employees.

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.

AirMap operates through Airmap, Inc..

Yes. AirMap was acquired by DroneUp in December 2021.

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