About hiSky
hiSky is a company based in Rosh Haayin (Israel) founded in 2015 by Yaron Shachar and Shahar Kravitz. It operates as a IoT-as-a-Service, and Subscription Services. hiSky has raised $30 million across 4 funding rounds from investors including Gov.uk, Intelsat and ST Engineering. hiSky offers products and services including Smartellite™ Terminals and hiSky App. hiSky operates in a competitive market with competitors including Iridium Communications, Astrocast, Skylo, Ligado and Myriota, among others.
- Headquarter Rosh Haayin, Israel
- Founders Yaron Shachar, Shahar Kravitz
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Sectors
Aerospace, Defense & MaritimeTechnology
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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 Hiskysat Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Gov.uk
& 4 more
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Employee Count
Employee Count
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Products & Services of hiSky
hiSky offers a comprehensive portfolio of products and services, including Smartellite™ Terminals and hiSky App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Compact terminals for satellite connectivity are provided by hiSky.
Smartphone app for voice and text over satellite is offered.
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Funding Insights of hiSky
hiSky has successfully raised a total of $30M across 4 strategic funding rounds. 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 4
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2024 | Amount | Series A - hiSky | Valuation | Intelsat |
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| Dec, 2021 | Amount | Series A - hiSky | Valuation | ST Engineering | |
| Jun, 2019 | Amount | Grant - hiSky | 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 hiSky
hiSky has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Intelsat and ST Engineering. 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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Strategic Development Fund is focused on investment in UAE sectors.
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Founded Year | Domain | Location | |
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Private equity firm
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Satellite telecommunication infrastructure services are provided globally.
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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 hiSky
| 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 |
Financial Statements - hiSky
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Hisky Comparisons
Competitors of hiSky
hiSky 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 Iridium Communications, Astrocast, Skylo, Ligado and Myriota, 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 |
Satellite and telecommunication services are provided globally.
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| domain | founded_year | HQ Location |
Nano-satellites-based IoT and M2M connectivity solutions are provided globally.
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| domain | founded_year | HQ Location |
Provider of satellite connectivity for sensor data, SMS, and voice calls
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| domain | founded_year | HQ Location |
Operator of mobile network services using licensed spectrum and satellite technology
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| domain | founded_year | HQ Location |
Satellite IoT network and device solutions are provided.
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| domain | founded_year | HQ Location |
A narrowband IoT network is operated via 5G satellite connectivity.
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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 Hisky
Frequently Asked Questions about hiSky
When was hiSky founded?
hiSky was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is hiSky located?
hiSky is headquartered in Rosh Haayin, Israel. It is registered at Rosh Haayin, Central District, Israel.
Who is the current CEO of hiSky?
Shahar Kravitz is the current CEO of hiSky. They have also founded this company.
Is hiSky a funded company?
hiSky is a funded company, having raised a total of $30M across 4 funding rounds to date. The company's 1st funding round was a Grant of $11.3M, raised on Feb 21, 2019.
What does hiSky do?
Low-cost voice and data satellite communication services are offered by hiSky. Operations span across industries such as fleet management, critical infrastructure, emergency response, and environmental monitoring. Innovative technology for Low Data Rates over GEO satellites in KaKu Bands is utilized. Solutions are designed for high-volume networks with data collected from remote sensors and devices. Budget-friendly connectivity for businesses in remote locations is ensured through scalable models.
Who are the top competitors of hiSky?
hiSky's top competitors include Iridium Communications, Skylo and Ligado.
What products or services does hiSky offer?
hiSky offers Smartellite™ Terminals and hiSky App.
Who are hiSky's investors?
hiSky has 5 investors. Key investors include Gov.uk, Intelsat, ST Engineering, Strategic Development Fund, and Reuben Brothers.