About DroneCast
DroneCast is a company based in Philadelphia (United States) founded in 2014 by GauravJit Singh. It operates as a B2B. DroneCast has raised $1 million across 1 funding round. DroneCast operates in a competitive market with competitors including Wrapify, Wrapmate, Carvertise, Car Quids and adverCar, among others.
- Headquarter Philadelphia, United States
- Founders GauravJit Singh
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Sep 10, 2014
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Investors
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Employee Count
Employee Count
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Funding Insights of DroneCast
DroneCast has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in September 2014. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(10 Sep 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Seed - DroneCast | 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 |
Investments & Acquisitions by DroneCast
| 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 - DroneCast
| 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 |
Dronecast Comparisons
Competitors of DroneCast
DroneCast 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 Wrapify, Wrapmate, Carvertise, Car Quids and adverCar, 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 |
Crowdsourced advertising platform connecting drivers and brands to create on-vehicle advertising
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| domain | founded_year | HQ Location |
In-transit ad network software and vehicle wrap solutions are provided.
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| domain | founded_year | HQ Location |
Advertisements are displayed on vehicles by compensated drivers.
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| domain | founded_year | HQ Location |
Offers advertising solutions by placing ads on vehicles.
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| domain | founded_year | HQ Location |
It functions as an auto advertising.
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| domain | founded_year | HQ Location |
Drone advertising platform with AI analytics is offered.
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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 Dronecast
Frequently Asked Questions about DroneCast
When was DroneCast founded?
DroneCast was founded in 2014.
Where is DroneCast located?
DroneCast is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of DroneCast?
GauravJit Singh is the current CEO of DroneCast. They have also founded this company.
Is DroneCast a funded company?
DroneCast is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Sep 10, 2014.
What does DroneCast do?
DroneCast, based in Philadelphia, focuses on media and advertising, handling advertising, aerial advertising, and offering drone services. Specializes in drone-based aerial advertising services for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of DroneCast?
DroneCast's top competitors include Wrapify, Carvertise and Wrapmate.