About Hangar Technology
Hangar Technology is a company based in Austin (United States) founded in 2016 was acquired by AirMap in September 2019. Hangar Technology has raised $12.8 million across 2 funding rounds from investors including AirMap and Lux Capital. Hangar Technology has completed 1 acquisition, including Autoflight Logic. Hangar Technology operates in a competitive market with competitors including SkyWatch, AirMap, SkyGrid, Airspace Link and AutoPylot, among others.
- Headquarter Austin, United States
- SectorsTechnologyAerospace, Defense & Maritime
- Email••••••••
- Phone•••• ••••
- Website hangar.com
- Social LinkedIn X Facebook
- Acquired by AirMap (Sep 2019)
- Legal Name Hangar Aerospace Llc
Funding Insights of Hangar Technology
Hangar Technology has successfully raised a total of $12.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.3 million completed in October 2016. 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 $12.8M
- Total Rounds 2
- Last Round Series A — $6.3M
- First Round $6.5M
(Oct 2016)
- Investors Count 1
All 2 funding rounds of Hangar Technology 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 |
|---|---|---|---|---|---|
| Oct 2016 | $6.3M | Series A | – | – | – |
| Oct 2016 | $6.5M | Seed | – | – |
2 investors in total: 2 institutional.
Investors in Hangar Technology
Hangar Technology has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include AirMap and Lux Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage technology companies are funded by Lux Capital. | – | luxcapital.com | Menlo Park, United States | |
Provider of planning software for drone collision avoidance and airspace information | 2014 | airmap.com | Santa Monica, United States |
Investor details for Hangar Technology
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People of Hangar Technology
13 people are tracked at Hangar Technology (2 in leadership, 11 in board & advisors).
| Name | Role | Group |
|---|---|---|
David Mulder | Interim CFO | Leadership |
Andreas Lamprecht | CTO | Leadership |
Ben Marcus | Chairman & Co-founder | Board & advisors |
Tom Wheeler | Director | Board & advisors |
Richard Deakin | Advisor | Board & advisors |
Katherine Boyle | Director | Board & advisors |
Steve Crocker | Advisor | Board & advisors |
Peter Diamandis | Advisor | Board & advisors |
David Grizzle | Advisor | Board & advisors |
Hank Skorny | Advisor | Board & advisors |
Graham Richard | Advisor | Board & advisors |
Mike Herrick | Advisor | Board & advisors |
Bilal Zuberi | Director | Board & advisors |
Complete people profiles for Hangar Technology
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Hangar Technology
Hangar Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Autoflight Logic.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Develops mobile applications to augment drone control | autoflightlogic.com | Austin, United States | 2014 | Nov 2016 | •••• |
Complete acquisition details for Hangar Technology
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Timeline of Hangar Technology
5 dated milestones of Hangar Technology across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Hangar Technology is founded.
- Funding First funding round of $6.5M.
- Funding Latest funding round, Series A, of $6.3M.
- Acquisition Acquires Autoflight Logic.
- Exit Acquired by AirMap.
Competitors of Hangar Technology
Hangar Technology 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 SkyWatch, AirMap, SkyGrid, Airspace Link and AutoPylot, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| skywatch.ai | 2016 | Palo Alto, United States | $2M | – | Insurance solutions are provided for drones and light aircraft. | |
| airmap.com | 2014 | Santa Monica, United States | $77.96M | 33 | Provider of planning software for drone collision avoidance and airspace information | |
| skygrid.com | 2005 | Sunnyvale, United States | $11M | – | Airspace management systems for unmanned aircraft are provided by SkyGrid. | |
| airspacelink.com | 2018 | Detroit, United States | $38.47M | – | Cloud-based solutions for drone delivery infrastructure are provided. | |
| autopylot.io | 2021 | South Burlington, United States | $1.68M | – | AutoPylot is recognized as a provider of drone flight planning software. | |
| airhub.app | 2016 | Rotterdam, Netherlands | $1.06M | – | Drone flight planning platform is provided for enterprises. | |
| flynex.io | 2015 | Leipzig, Germany | – | 27 | Provider of cloud-based drone operation software for flight planning, execution, and analytics | |
| onesky.xyz | 2017 | Exton, United States | $4M | 17 | Analytics and UTM systems for unmanned aerial vehicles are developed. | |
| paladindrones.io | 2018 | Mountain View, United States | $21.43M | – | Drone management tool to give first responders a live feed of emergencies |
Detailed competitors of Hangar Technology
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Web traffic of Hangar Technology
The website of Hangar Technology (hangar.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 117.9% vs previous month
Websites whose visitors overlap most with Hangar Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
static.bestsocialfeed.com | static.bestsocialfeed.com | 100% | – | – | – |
| facebook.com | 100% | 12.1B | #3 | View details | |
baixaki.com.br | baixaki.com.br | 67% | – | #160,925 | – |
Latest news on Hangar Technology
Complete news archive for Hangar Technology
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Hangar Technology
10 companies that operate in the same segment as Hangar Technology (Computer Vision & Imaging AI), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 666.69 M | USD 307.73 M | 970 | |
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,900 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 2,193 | |
Provider of SDK for smart data capture from barcodes, files, and IDs | 2009 | Zurich, Switzerland | USD 273.1 M | – | – | |
Cloud-based analytics solutions for retail shelf management are delivered. | 2010 | Singapore, Singapore | USD 1.03 B | – | – | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, China | USD 1.98 B | – | – | |
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | – | 73 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 | |
AI-driven dashcams and road safety solutions are provided for drivers. | 2015 | Tel Aviv, Israel | USD 149.5 M | – | – | |
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 825 M | – | 723 |
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Frequently Asked Questions about Hangar Technology
Hangar Technology was founded in 2016.
Hangar Technology is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Hangar Technology is a funded company, having raised a total of $12.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $6.5M, raised on Oct 2016.
Hangar Technology was founded in 2016 in Austin, United States, focusing on the drone software sector. Drone-acquired data is processed and managed through its software solutions. Competency in computer vision is utilized, with development underway for a flight control module that enables full drone autonomy. Operations center on enterprise tools for data handling and flight operations in the aerospace technology industry.
Hangar Technology's top competitors include SkyGrid, Airspace Link and FlyNex.
Hangar Technology has made 1 acquisition, including Autoflight Logic.
Hangar Technology has 2 investors. Key investors include AirMap, and Lux Capital.
Hangar Technology operates through Hangar Aerospace Llc.
Yes. Hangar Technology was acquired by AirMap in September 2019.