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
- SectorsTransportation, Automotive & Logistics
- Phone•••• ••••
- Website gofarcast.com
- Social X
- Total Equity Funding$12.48M (USD)
in 4 rounds
- Latest Funding Round$8M (USD), Seed
Dec 2020
- InvestorsTechstars
& 6 more
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.
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.
- Total Funding $12.48M
- Total Rounds 4
- Last Round Seed — $8M
- Investors Count 7
All 4 funding rounds of Farcast with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $8M | Seed | – | 8VC | |
| Apr 2020 | $4.48M | Seed | – | – | – |
| Jul 2019 | – | Seed | – | Techstars | – |
| Nov 2017 | – | Seed | – | MiLA Capital | – |
7 investors in total: 7 institutional.
Investors in Farcast
Farcast has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Techstars, 8VC and TVP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology, life sciences, and related sectors. | – | 8vc.com | - | |
Early-stage tech startups in regulated markets are funded by TVP. | – | tusk.vc | New York, United States | |
Investment in transformative technologies is facilitated across markets. | – | loupventures.com | Minneapolis, United States | |
Trust Ventures is focused on funding startups solving societal issues. | 2019 | trustventures.com | Austin, United States | |
Seed-stage US tech startups are funded by Perot Jain. | – | perotjain.com | Dallas, United States | |
Seed-stage hardware tech investments and accelerator operations are conducted. | – | mila.vc | Los Angeles, United States | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for Farcast
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Farcast
4 people are tracked at Farcast (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Benjamin Kohlmann | Co-Founder, CEO | Leadership |
Joel Ifill | Co-Founder, CIO | Leadership |
F. Demet Ulker | Director | Leadership |
Robert Gillett | Lead iOS Engineer | Team |
Complete people profiles for Farcast
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Farcast
3 dated milestones of Farcast across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Farcast is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $8.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| volansi.com | 2015 | Concord, United States | $70.12M | 50 | VTOL drone delivery solutions for logistics are provided. | |
| airspace.com | 2016 | Carlsbad, United States | $136M | 218 | Web-based cargo management solutions are offered for air logistics. | |
| flyzipline.com | 2011 | San Francisco, United States | $831.3M | 496 | Drones are operated for on-demand delivery of medical supplies. | |
| dartfleet.com | 2016 | Chesapeake, United States | $2.3M | – | AI-powered unmanned air traffic control systems are provided. | |
| wing.com | 1997 | Palo Alto, United States | – | – | Drone-based on-demand delivery services and traffic management software are provided. | |
| flytrex.com | 2013 | Tel Aviv, Israel | $58.5M | – | Cloud-based on-demand drone delivery for e-commerce is provided. | |
| elroyair.com | 2016 | San Francisco, United States | $116.15M | 24 | Autonomous aircraft systems are developed for cargo delivery operations. | |
| airspacelink.com | 2018 | Detroit, United States | $38.47M | – | Cloud-based solutions for drone delivery infrastructure are provided. | |
| workhorse.com | 2007 | Cincinnati, United States | – | 549 | Electric delivery vehicles and drones are supplied for last-mile logistics. |
Detailed competitors of Farcast
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Farcast
Complete news archive for Farcast
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- Brand-specific news history
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Similar companies to Farcast
10 companies that operate in the same segment as Farcast (Air Cargo), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Domestic and international air travel services are provided. | 1968 | Bangkok, Thailand | – | USD 760.85 M | 2,340 | |
Airport ground staff and cargo handling services are provided. | 1971 | Roissy-en-france, Ile-de-france, France | – | USD 12.02 K | 570 | |
Gateway services and food solutions are provided worldwide. | 1947 | Singapore, Singapore | – | USD 4.93 B | 55,000 | |
Air cargo handling and logistics services are provided globally. | 1833 | Edinburgh, Scotland, United Kingdom | – | – | – | |
Air cargo transportation and logistics services are provided internationally. | 1978 | Chiba, Chiba, Japan | – | – | – | |
Domestic passenger airline transportation services are provided. | 1996 | Tokyo, Tokyo, Japan | – | USD 692.43 M | 2,660 | |
Air cargo transportation and aircraft leasing services are provided globally. | 2008 | Dublin, Ireland | – | – | – | |
International air cargo logistics are operated through global hubs. | 2021 | Chennai, Tamil Nadu, India | – | USD 62.14 M | 73 | |
Provider of aviation ground handling services | 1979 | Lagos, Lagos State, Nigeria | – | – | – | |
Provider of transportation services for crews and loads in oil and gas platforms | 1997 | Ostend, West Flanders, Belgium | – | USD 31.44 M | 36 |
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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.