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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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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.
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.
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.
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Venture capital investment and support for founders in technology and health sectors.
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Early-stage space-tech startups are invested in by Seraphim.
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Seed-stage tech investments are made in UK-based startups.
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Investor details for Altitude Angel
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Investments & Acquisitions by Altitude Angel
Investment portfolio details for Altitude Angel
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Financial Statements - Altitude Angel
Detailed financials for Altitude Angel
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Altitude Angel Comparisons
Peer comparison for Altitude Angel
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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.
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Drone-based aircraft inspection solutions provider
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A platform for drone traffic management is provided by Unifly.
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Safety management systems for autonomous aviation ecosystems are provided.
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Atech is engaged in providing aerospace and technology solutions.
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AI-powered aircraft inspections are enabled via autonomous drone platforms.
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Detailed competitors of Altitude Angel
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Latest news on Altitude Angel
Complete news archive for Altitude Angel
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Frequently Asked Questions about Altitude Angel
Altitude Angel was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Altitude Angel is headquartered in Reading, United Kingdom.
Richard Parker is the current CEO of Altitude Angel. They have also founded this company.
Altitude Angel is a funded company, having raised a total of $22.6M across 5 funding rounds to date.
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.
Altitude Angel offers GuardianUTM, GuardianUTM Cloud, and Arrow.
Altitude Angel has 5 investors. Key investors include British Telecom, Frequentis, Seraphim, Octopus Ventures, and Accelerated Digital Ventures.
The valuation of Altitude Angel is $21.7M as of Nov 2020.