About Avy
Avy is a company based in Amsterdam (Netherlands) founded in 2016 by Patrique Zaman. It operates as a Product-as-a-Service. Avy offers products and services including Aera Drone, Avy Docking Station, and Avy Software. Avy operates in a competitive market with competitors including Airware, Altaeros, Hemav, Azur Drones and Parallel Flight, among others.
- Headquarter Amsterdam, Netherlands
- Founders Patrique Zaman
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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 Avy Bv
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$294.3 K (USD), Grant
Jan 01, 2023
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Investors
European Union
& 1 more
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Employee Count
Employee Count
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Products & Services of Avy
Avy offers a comprehensive portfolio of products and services, including Aera Drone, Avy Docking Station, and Avy Software. 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.
A robust VTOL drone for various applications.
Enables remote launch, landing, and charging operations.
Updated software enhancing automation and safety features.
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Funding Insights of Avy
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $294,304
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First Round
First Round
(20 Jul 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Grant - Avy | Valuation |
investors |
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| Jul, 2022 | Amount | Grant - Avy | Valuation |
investors |
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| Aug, 2020 | Amount | Grant - Avy | Valuation |
investors |
| 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 Avy
Avy has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and EIC Fund. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 Avy
| 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 - Avy
| 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 |
Avy Comparisons
Competitors of Avy
Avy 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 Airware, Altaeros, Hemav, Azur Drones and Parallel Flight, 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 |
Integrated drone platforms are developed for enterprise applications.
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| domain | founded_year | HQ Location |
Provider of wireless network infrastructure solutions
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| domain | founded_year | HQ Location |
Aerial photography and remote sensing services using proprietary drones
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| domain | founded_year | HQ Location |
Drone flight solutions are provided using proprietary drones.
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| domain | founded_year | HQ Location |
Drone platforms for industrial applications are provided by Parallel Flight.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Avy
Frequently Asked Questions about Avy
When was Avy founded?
Avy was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Avy located?
Avy is headquartered in Amsterdam, Netherlands.
What does Avy do?
Avy is focused on providing advanced drone network solutions for various applications. The company operates in the aerospace technology sector, offering long-range drones with docking stations for remote operations. Solutions are provided for emergency response, remote monitoring, and intelligent surveillance. Products include the Aera VTOL drone, docking stations, and continuously updated software to enhance automation and safety. Services cater to industries requiring efficient and safe aerial data collection and monitoring.
Who are the top competitors of Avy?
Avy's top competitors include Hemav, Altaeros and Azur Drones.
What products or services does Avy offer?
Avy offers Aera Drone, Avy Docking Station, and Avy Software.
Who are Avy's investors?
Avy has 2 investors. Key investors include European Union, and EIC Fund.
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