About Near Earth Autonomy
Near Earth Autonomy is a company based in Pittsburgh (United States) founded in 2012 by Marcel Bergerman, Lyle Chamberlain, Sanjiv Singh, and Sebastian Scherer.. Near Earth Autonomy has raised $18 million across 3 funding rounds from investors including Boeing, Kaman Corporation and National Science Foundation. Near Earth Autonomy operates in a competitive market with competitors including DroneDeploy, World View, 3D Robotics, Near Space Labs and Datumate, among others.
- Headquarter Pittsburgh, United States
- Founders Marcel Bergerman, Lyle Chamberlain, Sanjiv Singh, Sebastian Scherer
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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 Near Earth Autonomy, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series B
May 02, 2022
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Investors
Boeing
& 2 more
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Employee Count
Employee Count
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Funding Insights of Near Earth Autonomy
Near Earth Autonomy has successfully raised a total of $18M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in May 2022. 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 3
- Last Round Series B — $10.0M
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First Round
First Round
(01 Jan 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Near Earth Autonomy | Valuation |
investors |
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| Oct, 2017 | Amount | Series A - Near Earth Autonomy | Valuation |
investors |
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| Jan, 2014 | Amount | Grant - Near Earth Autonomy | 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 Near Earth Autonomy
Near Earth Autonomy has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Boeing, Kaman Corporation and National Science Foundation. 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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Helicopters are designed and manufactured for aviation and defense uses.
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Commercial jetliners, defense, space, and security systems are manufactured.
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A government-backed foundation providing seed-stage investments to support small businesses.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Near Earth Autonomy
| 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 - Near Earth Autonomy
| 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 |
Near Earth Autonomy Comparisons
Competitors of Near Earth Autonomy
Near Earth Autonomy 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 DroneDeploy, World View, 3D Robotics, Near Space Labs and Datumate, 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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Cloud software platform for commercial drones is provided.
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High-altitude balloons are used for space imagery and data analysis.
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| domain | founded_year | HQ Location |
Consumer and commercial drones with autopilot systems are developed.
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| domain | founded_year | HQ Location |
Balloon-based imaging services are provided for project monitoring.
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| domain | founded_year | HQ Location |
Field-to-plan surveying processes are enabled through image processing technology.
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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 Near Earth Autonomy
Frequently Asked Questions about Near Earth Autonomy
When was Near Earth Autonomy founded?
Near Earth Autonomy was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Near Earth Autonomy located?
Near Earth Autonomy is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Near Earth Autonomy?
Sanjiv Singh is the current CEO of Near Earth Autonomy. They have also founded this company.
Is Near Earth Autonomy a funded company?
Near Earth Autonomy is a funded company, having raised a total of $18M across 3 funding rounds to date. The company's 1st funding round was a Grant of $254.8K, raised on Jan 01, 2014.
What does Near Earth Autonomy do?
Provides flight-proven core technologies to the aerospace industry. Its offerings include a technological solution for multiple applications including sensor suites, 3D mapping and survey, collision detection and avoidance, GPS denied navigation, landing zone assessment, relative navigation, motion planning, and visual pilot aids.
Who are the top competitors of Near Earth Autonomy?
Near Earth Autonomy's top competitors include DroneDeploy, Near Space Labs and 3D Robotics.
Who are Near Earth Autonomy's investors?
Near Earth Autonomy has 3 investors. Key investors include Boeing, Kaman Corporation, and National Science Foundation.
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