DroneUp

Virginia Beach, United States Founded: 2016 • Age: 10 yrs
Drone-based services are provided on-demand to organizations.
Annual revenue - Latest available
Total funding $9.0M 7 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About DroneUp

DroneUp is a company based in Virginia Beach (United States) founded in 2016. DroneUp has raised $8.95 million across 7 funding rounds from investors including Walmart and Center for Innovative Technology. DroneUp has completed 1 acquisition, including AirMap. DroneUp offers products and services including Uncrew and Part 135. DroneUp operates in a competitive market with competitors including Volansi, Zipline, Wing, Flytrex and Elroy Air, among others.

  • Headquarter Virginia Beach, United States
  • Sectors
    Transportation, Automotive & Logistics
    Aerospace, Defense & Maritime
  • Email
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  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Droneup, Llc
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8.95 M (USD)

    in 7 rounds

  • Latest Funding Round
    $950 K (USD), Series A

    Jan 05, 2024

  • Investors
    Walmart

    & 1 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of DroneUp

DroneUp offers a comprehensive portfolio of products and services, including Uncrew and Part 135.

Product name locked
Category locked
Primary

Provides secure and autonomous UAS coordination for defense missions.

Product name locked
Category locked
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Facilitates regulatory-compliant UAV management for commercial applications.

People of DroneUp

Headcount 10-50
Employee Profiles 35
Employee Profiles
People
Andreas Lamprecht
Vice President, Systems Engineering
People
Andy Thurling
Vp, Airspace Innovation
People
Eric M. Bremer
Vice President - Operations
People
Brandon Kirkpatrick
Product Manager, Delivery Innovation

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Funding Insights of DroneUp

DroneUp has successfully raised a total of $8.95M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $950 thousand completed in January 2024. 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 DroneUp

DroneUp has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Walmart and Center for Innovative Technology.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage VC firm funding companies in the US
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Multinational retail corporation
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Investor details for DroneUp

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by DroneUp

DroneUp has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AirMap.

Investments
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Investment portfolio details for DroneUp

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of planning software for drone collision avoidance and airspace information
Locked Locked 2014 Locked
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Complete acquisition details for DroneUp

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - DroneUp

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Detailed financials for DroneUp

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  • Profit trends
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Droneup Comparisons

DroneUp Primary company
Description
Drone-based services are provided on-demand to organizations...
Location
Virginia Beach, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for DroneUp

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Competitors of DroneUp

DroneUp 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, Wing, Flytrex and Elroy Air, among others.

Company Name Domain Founded year HQ Location Description
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VTOL drone delivery solutions for logistics are provided.
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Drones are operated for on-demand delivery of medical supplies.
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Drone-based on-demand delivery services and traffic management software are provided.
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Cloud-based on-demand drone delivery for e-commerce is provided.
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Autonomous aircraft systems are developed for cargo delivery operations.
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Detailed competitors of DroneUp

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Latest news on Droneup

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Complete news archive for DroneUp

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  • Source and publication date
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Frequently Asked Questions about DroneUp

DroneUp was founded in 2016 and raised its 1st funding round 3 years after it was founded.

DroneUp is headquartered in Virginia Beach, United States. It is registered at Virginia Beach, Virginia, United States.

DroneUp is a funded company, having raised a total of $8.95M across 7 funding rounds to date.

DroneUp was founded in 2016 and is headquartered in Virginia Beach, United States. Drone-based services are delivered to commercial, government, and public safety sectors. Single-pilot or multi-pilot crews are located, qualified, and deployed for operational needs. Compatibility is ensured with Android and iOS devices. Customized project development is offered to enterprises in the drone services industry.

DroneUp's top competitors include Zipline, Flytrex and Volansi.

DroneUp offers Uncrew and Part 135.

DroneUp has made 1 acquisition, including AirMap.

DroneUp has 2 investors. Key investors include Walmart, and Center for Innovative Technology.

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