About Farcast
Farcast is a company based in Hawthorne (United States) founded in 2016 by Benjamin Kohlmann and Joel Ifill. It operates as a On-Demand Services. Farcast has raised $12.48 million across 4 funding rounds from investors including Techstars, 8VC and TVP. Farcast offers products and services including Air Cargo Delivery. Farcast operates in a competitive market with competitors including Volansi, Airspace, Zipline, DroneUp and Wing, among others.
- Headquarter Hawthorne, United States
- Founders Benjamin Kohlmann, Joel Ifill
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$12.48 M (USD)
in 4 rounds
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Latest Funding Round
$8 M (USD), Seed
Dec 16, 2020
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Investors
Techstars
& 6 more
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Employee Count
Not available
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Products & Services of Farcast
Farcast offers a comprehensive portfolio of products and services, including Air Cargo Delivery.
Cargo is delivered precisely to remote global locations.
People of Farcast
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Funding Insights of Farcast
Farcast has successfully raised a total of $12.48M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in December 2020. 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 Farcast
Farcast has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Techstars, 8VC and TVP.
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Venture capital firm investing in technology, life sciences, and related sectors.
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Early-stage tech startups in regulated markets are funded by TVP.
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Investment in transformative technologies is facilitated across markets.
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Investor details for Farcast
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Investments & Acquisitions by Farcast
Investment portfolio details for Farcast
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Financial Statements - Farcast
Detailed financials for Farcast
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Farcast Comparisons
Peer comparison for Farcast
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Competitors of Farcast
Farcast 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, Airspace, Zipline, DroneUp and Wing, among others.
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VTOL drone delivery solutions for logistics are provided.
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Web-based cargo management solutions are offered for air logistics.
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Drones are operated for on-demand delivery of medical supplies.
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AI-powered unmanned air traffic control systems are provided.
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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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Detailed competitors of Farcast
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Latest news on Farcast
Complete news archive for Farcast
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Frequently Asked Questions about Farcast
Farcast was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Farcast is headquartered in Hawthorne, United States. It is registered at Hawthorne, California, United States.
Benjamin Kohlmann is the current CEO of Farcast. They have also founded this company.
Farcast is a funded company, having raised a total of $12.48M across 4 funding rounds to date.
Farcast is involved in providing innovative air cargo delivery solutions. Precision delivery hardware is utilized for safe midflight cargo ejection, landing in designated areas. Software is employed to map routes and guide pilots. Automated systems are used for cargo handling, while pods ensure real-time control for accurate delivery. The company focuses on reaching remote locations worldwide, addressing challenges of slow mail, weather delays, and high costs. Operations are centered in the logistics and transportation sector.
Farcast offers Air Cargo Delivery.
Farcast has 7 investors. Key investors include Techstars, 8VC, TVP, Deepwater, and Trust Ventures.