About Coverdrone
Coverdrone is a company based in Crewe (United Kingdom) founded in 2015. It operates as a B2B, and B2C. Coverdrone offers products and services including Insurance Policies, FlySafe App, and Drone Safety Map. Coverdrone operates in a competitive market with competitors including Precision Autonomy, FlyCovered, insure4drones and Droneguard Insurance, among others.
- Headquarter Crewe, United Kingdom
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Sectors
TechnologyAerospace, Defense & Maritime
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- Legal Name Coverdrone Limited
- Date of Incorporation 21 May, 2015
- Jurisdiction CREWE, CHESHIRE, UNITED KINGDOM
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Products & Services of Coverdrone
Coverdrone offers a comprehensive portfolio of products and services, including Insurance Policies, FlySafe App, and Drone Safety Map. 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.
Provides coverage for drone flights, liability, and theft for operators.
Delivers airspace maps and hazard data for secure drone operations.
Offers environmental and traffic data to enhance drone safety measures.
Funding Insights of Coverdrone
| 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 |
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Investments & Acquisitions by Coverdrone
| 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 - Coverdrone
| 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 |
Coverdrone Comparisons
Competitors of Coverdrone
Coverdrone 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 Precision Autonomy, FlyCovered, insure4drones and Droneguard Insurance, 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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Cloud-based drone inspections are provided for insurers and brokers.
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| domain | founded_year | HQ Location |
Operates an online platform for drone and aviation insurance services.
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| domain | founded_year | HQ Location |
Specializes in insurance coverage for drones.
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| domain | founded_year | HQ Location |
Operates an online platform for drone insurance services, offering tailored coverage for users.
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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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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 Coverdrone
Frequently Asked Questions about Coverdrone
When was Coverdrone founded?
Coverdrone was founded in 2015.
Where is Coverdrone located?
Coverdrone is headquartered in Crewe, United Kingdom. It is registered at Crewe, Cheshire, United Kingdom.
What does Coverdrone do?
Coverdrone specializes in bespoke insurance for commercial and recreational drone users, covering flight operations, liability, and data protection. It operates through online quotes and flexible policy periods from one day to a year. Based in Crewe, United Kingdom, the company serves pilots in the UK, EU, Canada, Australia, and New Zealand. Services include the FlySafe app for safety data and worldwide coverage for drone activities.
Who are the top competitors of Coverdrone?
Coverdrone's top competitors include Precision Autonomy, FlyCovered and insure4drones.
What products or services does Coverdrone offer?
Coverdrone offers Insurance Policies, FlySafe App, and Drone Safety Map.