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
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Sectors
TechnologyAerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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- Legal Name Hangar Aerospace Llc
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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 Total Funding
- Total Rounds 2
- Last Round Series A — $6.3M
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First Round
First Round
(19 Oct 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2016 | Amount | Series A - Hangar Technology | Valuation |
investors |
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| Oct, 2016 | Amount | Seed - Hangar Technology | Valuation |
investors |
| 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 |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage technology companies are funded by Lux Capital.
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Founded Year | Domain | Location | |
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Provider of planning software for drone collision avoidance and airspace information
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hangar Technology
Hangar Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Autoflight Logic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Develops mobile applications to augment drone control
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hangar Technology
| 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 |
Hangar Technology Comparisons
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. 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 |
Insurance solutions are provided for drones and light aircraft.
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| domain | founded_year | HQ Location |
Provider of planning software for drone collision avoidance and airspace information
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| domain | founded_year | HQ Location |
Airspace management systems for unmanned aircraft are provided by SkyGrid.
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| domain | founded_year | HQ Location |
Cloud-based solutions for drone delivery infrastructure are provided.
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| domain | founded_year | HQ Location |
AutoPylot is recognized as a provider of drone flight planning software.
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| domain | founded_year | HQ Location |
Drone flight planning platform is provided for enterprises.
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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 Hangar Technology
Frequently Asked Questions about Hangar Technology
When was Hangar Technology founded?
Hangar Technology was founded in 2016.
Where is Hangar Technology located?
Hangar Technology is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Hangar Technology a funded company?
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 19, 2016.
What does Hangar Technology do?
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.
Who are the top competitors of Hangar Technology?
Hangar Technology's top competitors include SkyGrid, Airspace Link and FlyNex.
How many acquisitions has Hangar Technology made?
Hangar Technology has made 1 acquisition, including Autoflight Logic.
Who are Hangar Technology's investors?
Hangar Technology has 2 investors. Key investors include AirMap, and Lux Capital.
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