About Aloft
Aloft is a company founded in 2015 by Jon Hegranes and Joshua Ziering. It operates as a SaaS (Software-as-a-Service), and Freemium. Aloft has raised $9.5 million across 7 funding rounds from investors including Boeing, Terra Drone Corp and Travelers. Aloft offers products and services including Air Control, Geo Portal, and Enterprise UTM. Aloft operates in a competitive market with competitors including DroneDeploy, SPH Engineering, Unmanned, Measure and Botlink, among others.
- Founders Jon Hegranes, Joshua Ziering
-
Sectors
Aerospace, Defense & Maritime
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Aloft Technologies, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$9.5 M (USD)
in 7 rounds
-
Latest Funding Round
-
Investors
Boeing
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Aloft
Aloft offers a comprehensive portfolio of products and services, including Air Control, Geo Portal, and Enterprise UTM. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for managing drone fleets and airspace data.
Tool for submitting local drone rules to networks.
Solution for enterprise unmanned traffic management needs.
Unlock access to complete
Funding Insights of Aloft
Aloft has successfully raised a total of $9.5M across 7 strategic funding rounds. 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 Last Round
-
First Round
First Round
(01 Nov 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series B - Aloft | Valuation | Terra Drone Corp |
|
| Oct, 2018 | Amount | Series A - Aloft | Valuation | Travelers |
|
| Jun, 2018 | Amount | Series A - Aloft | Valuation | Jim Andelman , Bonfire Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aloft
Aloft has secured backing from 8 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Boeing, Terra Drone Corp and Travelers. 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 |
|---|---|---|---|---|
|
Freestyle VC is engaged in seed funding for tech startups.
|
Founded Year | Domain | Location | |
|
Kluz Ventures is focused on investing in technology entrepreneurs.
|
Founded Year | Domain | Location | |
|
Investment in flight and space technology is facilitated by this company.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Aloft
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Aloft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aloft Comparisons
Competitors of Aloft
Aloft 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 DroneDeploy, SPH Engineering, Unmanned, Measure and Botlink, 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 |
Cloud software platform for commercial drones is provided.
|
|
| domain | founded_year | HQ Location |
UAV software solutions, integration, consulting, and custom development are provided.
|
|
| domain | founded_year | HQ Location |
Developer of software solutions for drones
|
|
| domain | founded_year | HQ Location |
Offers end-to-end drone software platform
|
|
| domain | founded_year | HQ Location |
Software applications and hardware components for drones are developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Aloft
Frequently Asked Questions about Aloft
When was Aloft founded?
Aloft was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Who is the current CEO of Aloft?
Jon Hegranes is the current CEO of Aloft. They have also founded this company.
Is Aloft a funded company?
Aloft is a funded company, having raised a total of $9.5M across 7 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Nov 01, 2016.
What does Aloft do?
Aloft is engaged in providing drone fleet management software and unmanned traffic management services. Solutions are offered for individual pilots, enterprise UAS programs, and airspace agencies. The company is involved in processing a significant portion of LAANC authorizations and hosting extensive local groundspace data. Services are extended across sectors like public safety and government agencies, with platforms such as Air Control and Geo Portal being utilized for integrated fleet and airspace management.
Who are the top competitors of Aloft?
Aloft's top competitors include DroneDeploy, SPH Engineering and Unmanned.
What products or services does Aloft offer?
Aloft offers Air Control, Geo Portal, and Enterprise UTM.
Who are Aloft's investors?
Aloft has 8 investors. Key investors include Boeing, Terra Drone Corp, Travelers, Jim Andelman, and Freestyle VC.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.