Precision Autonomy

Sydney, Australia Founded: 2015 • Age: 11 yrs
Cloud-based drone inspections are provided for insurers and brokers.
Annual revenue - Latest available
Total funding $3.5M 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Precision Autonomy

Precision Autonomy is a company based in Sydney (Australia) founded in 2015 by Leanne Seeto and Mark Halverson. Precision Autonomy has raised $3.53 million across 2 funding rounds. Precision Autonomy offers products and services including Drone Insurance, General Aviation Insurance, and Autonomous Services Platform. Precision Autonomy operates in a competitive market with competitors including Raptor Maps, Cyberhawk, Above Surveying, SkyX and Air Control Entech, among others.

  • Headquarter Sydney, Australia
  • Founders Leanne Seeto, Mark Halverson
  • Sectors
    Financial Services
    Aerospace, Defense & Maritime
  • Phone
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  • Website
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  • Social
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  • Legal Name Precision Autonomy Services, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.53 M (USD)

    in 2 rounds

  • Latest Funding Round
    $450 K (USD), Series A

    Apr 14, 2020

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of Precision Autonomy

Precision Autonomy offers a comprehensive portfolio of products and services, including Drone Insurance, General Aviation Insurance, and Autonomous Services Platform.

Product name locked
Category locked
Primary

Comprehensive coverage for commercial drone fleets and operators.

Product name locked
Category locked
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Policies for aviation risks in flight and on ground.

Product name locked
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Software for real-time risk pricing in autonomous vehicles.

People of Precision Autonomy

Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Mark Halverson
Founder And CEO
People
Frank Gulitz
Consulting CTO
People
Simon Hooper
Head, Aviation Insurance
People
Dan Ng
Head, Strategy and Planning

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Funding Insights of Precision Autonomy

Precision Autonomy has successfully raised a total of $3.53M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $450 thousand completed in April 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.

Investments & Acquisitions by Precision Autonomy

Investments
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Investment portfolio details for Precision Autonomy

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Financial Statements - Precision Autonomy

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Detailed financials for Precision Autonomy

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Precision Autonomy Comparisons

Precision Autonomy Primary company
Description
Cloud-based drone inspections are provided for insurers and ...
Location
Sydney, Australia
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Precision Autonomy

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Competitors of Precision Autonomy

Precision 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 Raptor Maps, Cyberhawk, Above Surveying, SkyX and Air Control Entech, among others.

Company Name Domain Founded year HQ Location Description
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Drone-based monitoring and inspection services for solar panels are provided.
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Drone-based visual data collection, inspection, and asset management are provided.
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AI and drone-based solar monitoring and analytics services are provided.
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Long-endurance VTOL drones are developed and inspection services are provided.
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Quantified visual inspection solutions provider
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Line measurement system for industrial drones is provided.
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Detailed competitors of Precision Autonomy

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Latest news on Precision Autonomy

Insurtech Company Launches New Drone Insurance Platform
Insurancebusinessmag6 years ago
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Complete news archive for Precision Autonomy

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Frequently Asked Questions about Precision Autonomy

Precision Autonomy was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Precision Autonomy is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

Mark Halverson is the current CEO of Precision Autonomy. They have also founded this company.

Precision Autonomy is a funded company, having raised a total of $3.53M across 2 funding rounds to date.

Precision Autonomy was founded in 2015 in Sydney, Australia, focusing on drone technology for the insurance sector. Cloud-based solutions are delivered for property inspections, flight monitoring, and fleet management. Data analytics and algorithmic tools are utilized to support insurance pricing, claim processing, and risk assessment. Flight status tracking and detailed reviews are also facilitated for operational efficiency.

Precision Autonomy's top competitors include Raptor Maps, Cyberhawk and SkyX.

Precision Autonomy offers Drone Insurance, General Aviation Insurance, and Autonomous Services Platform.

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