About Drone Express
Drone Express is a company based in Dayton (United States) founded in 2011 by Igal Sharret and Gloria Sharret.. Drone Express has raised $10 million across 5 funding rounds from investors including Venture 53, G2A and Tech Square Ventures. Drone Express offers products and services including DEXA NOW App and FlyPass. Drone Express operates in a competitive market with competitors including Volansi, Zipline, Flytrex, Elroy Air and DroneUp, among others.
- Headquarter Dayton, United States
- Founders Igal Sharret, Gloria Sharret
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Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Drone Express, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 5 rounds
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Latest Funding Round
$843.25 K (USD), Series A
Apr 29, 2025
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Investors
Venture 53
& 2 more
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Employee Count
Employee Count
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Products & Services of Drone Express
Drone Express offers a comprehensive portfolio of products and services, including DEXA NOW App and FlyPass. 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.
App for ordering and receiving fast drone deliveries of various items.
Subscription for unlimited drone deliveries of essentials like groceries.
Funding Insights of Drone Express
Drone Express has successfully raised a total of $10M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $843.25 thousand completed in April 2025. 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 — $843,250
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First Round
First Round
(01 Jun 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - Drone Express | Valuation |
investors |
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| May, 2024 | Amount | Series A - Drone Express | Valuation |
investors |
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| Aug, 2023 | Amount | Series A - Drone Express | Valuation | Venture 53 |
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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 Drone Express
Drone Express has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Venture 53, G2A and Tech Square Ventures. 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 53 is focused on supply chain and logistics investments.
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Founded Year | Domain | Location | |
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Investment support is provided to technology-driven startup companies.
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Founded Year | Domain | Location | |
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Seed and early-stage US venture capital investments are managed.
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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 Drone Express
| 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 - Drone Express
| 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 |
Drone Express Comparisons
Competitors of Drone Express
Drone Express 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 Volansi, Zipline, Flytrex, Elroy Air and DroneUp, 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 |
VTOL drone delivery solutions for logistics are provided.
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| domain | founded_year | HQ Location |
Drones are operated for on-demand delivery of medical supplies.
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| domain | founded_year | HQ Location |
Cloud-based on-demand drone delivery for e-commerce is provided.
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| domain | founded_year | HQ Location |
Autonomous aircraft systems are developed for cargo delivery operations.
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| domain | founded_year | HQ Location |
AI-powered unmanned air traffic control systems are provided.
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| domain | founded_year | HQ Location |
Drone-based on-demand delivery services and traffic management software are provided.
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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 Drone Express
Frequently Asked Questions about Drone Express
When was Drone Express founded?
Drone Express was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is Drone Express located?
Drone Express is headquartered in Dayton, United States. It is registered at Dayton, Ohio, United States.
Who is the current CEO of Drone Express?
Gloria Sharret is the current CEO of Drone Express. They have also founded this company.
Is Drone Express a funded company?
Drone Express is a funded company, having raised a total of $10M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.89M, raised on Jun 01, 2021.
What does Drone Express do?
Drone Express was founded in 2011 and is headquartered in Dayton, United States. Autonomous delivery services via drones are operated for logistics, packages, and food distribution. These services are targeted at businesses and retailers, focusing on efficient aerial transport solutions within the logistics sector. Operations emphasize unmanned aerial vehicles for targeted deliveries in urban and regional areas.
Who are the top competitors of Drone Express?
What products or services does Drone Express offer?
Drone Express offers DEXA NOW App and FlyPass.
Who are Drone Express's investors?
Drone Express has 3 investors. Key investors include Venture 53, G2A, and Tech Square Ventures.