About Altitude Angel
Altitude Angel is a company based in Reading (United Kingdom) founded in 2014 by Richard Parker. It operates as a SaaS (Software-as-a-Service), and API-as-a-Product. Altitude Angel has raised $22.6 million across 5 funding rounds from investors including British Telecom, Frequentis and Seraphim. Altitude Angel offers products and services including GuardianUTM, GuardianUTM Cloud, and Arrow. Altitude Angel operates in a competitive market with competitors including Donecle, Unifly, ResilienX, Atech and Rizse, among others.
- Headquarter Reading, United Kingdom
- Founders Richard Parker
- Stage Minicorn
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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 Altitude Angel Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.6 M (USD)
in 5 rounds
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Latest Funding Round
$6 M (USD), Series A
Jan 04, 2023
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Investors
British Telecom
& 4 more
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Employee Count
Employee Count
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Products & Services of Altitude Angel
Altitude Angel offers a comprehensive portfolio of products and services, including GuardianUTM, GuardianUTM Cloud, and Arrow. 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.
Airspace management platform for drone operations is provided.
APIs for drone data and tools are offered.
Detect-and-avoid technology for BVLOS operations is delivered.
Funding Insights of Altitude Angel
Altitude Angel has successfully raised a total of $22.6M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in January 2023. 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 5
- Last Round Series A — $6.0M
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First Round
First Round
(13 Jan 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Series A - Altitude Angel | Valuation | British Telecom |
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| Nov, 2020 | Amount | Series A - Altitude Angel | Valuation | Octopus Ventures | |
| Apr, 2019 | Amount | Series A - Altitude Angel | Valuation |
investors |
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| 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 Altitude Angel
Altitude Angel has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include British Telecom, Frequentis and Seraphim. 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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Venture capital investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location | |
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Early-stage space-tech startups are invested in by Seraphim.
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Founded Year | Domain | Location | |
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Seed-stage tech investments are made in UK-based startups.
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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 Altitude Angel
| 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 - Altitude Angel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Altitude Angel Comparisons
Competitors of Altitude Angel
Altitude Angel 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 Donecle, Unifly, ResilienX, Atech and Rizse, 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 |
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| domain | founded_year | HQ Location |
Drone-based aircraft inspection solutions provider
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| domain | founded_year | HQ Location |
A platform for drone traffic management is provided by Unifly.
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| domain | founded_year | HQ Location |
Safety management systems for autonomous aviation ecosystems are provided.
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| domain | founded_year | HQ Location |
Atech is engaged in providing aerospace and technology solutions.
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| domain | founded_year | HQ Location |
AI-powered aircraft inspections are enabled via autonomous drone platforms.
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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 Altitude Angel
Frequently Asked Questions about Altitude Angel
When was Altitude Angel founded?
Altitude Angel was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Altitude Angel located?
Altitude Angel is headquartered in Reading, United Kingdom.
Who is the current CEO of Altitude Angel?
Richard Parker is the current CEO of Altitude Angel. They have also founded this company.
Is Altitude Angel a funded company?
Altitude Angel is a funded company, having raised a total of $22.6M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.8M, raised on Jan 13, 2017.
What does Altitude Angel do?
Airspace management and unified traffic management solutions are offered by Altitude Angel. Services cater to a wide range of sectors including airports, drone operators, landowners, and software developers. Comprehensive SaaS platforms like GuardianUTM and APIs through GuardianUTM Cloud are developed to ensure safe and compliant drone operations. Support for beyond visual line of sight (BVLOS) operations is enabled through innovative tools like Arrow. International coverage across 155 countries is maintained, connecting the entire drone ecosystem with accurate data and flight planning tools.
Who are the top competitors of Altitude Angel?
What products or services does Altitude Angel offer?
Altitude Angel offers GuardianUTM, GuardianUTM Cloud, and Arrow.
Who are Altitude Angel's investors?
Altitude Angel has 5 investors. Key investors include British Telecom, Frequentis, Seraphim, Octopus Ventures, and Accelerated Digital Ventures.
What is Altitude Angel's valuation?
The valuation of Altitude Angel is $21.7M as of Nov 2020.