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 ServicesAerospace, Defense & Maritime
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Precision Autonomy Services, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.53 M (USD)
in 2 rounds
-
Latest Funding Round
$450 K (USD), Series A
Apr 14, 2020
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. 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.
Comprehensive coverage for commercial drone fleets and operators.
Policies for aviation risks in flight and on ground.
Software for real-time risk pricing in autonomous vehicles.
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $450,000
-
First Round
First Round
(28 Jun 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series A - Precision Autonomy | Valuation |
investors |
|
| Jun, 2019 | Amount | Series A - Precision Autonomy | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Precision Autonomy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Precision Autonomy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Precision Autonomy Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Drone-based monitoring and inspection services for solar panels are provided.
|
|
| domain | founded_year | HQ Location |
Drone-based visual data collection, inspection, and asset management are provided.
|
|
| domain | founded_year | HQ Location |
AI and drone-based solar monitoring and analytics services are provided.
|
|
| domain | founded_year | HQ Location |
Long-endurance VTOL drones are developed and inspection services are provided.
|
|
| domain | founded_year | HQ Location |
Quantified visual inspection solutions provider
|
|
| domain | founded_year | HQ Location |
Line measurement system for industrial drones is provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Precision Autonomy
When was Precision Autonomy founded?
Precision Autonomy was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Precision Autonomy located?
Precision Autonomy is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Precision Autonomy?
Mark Halverson is the current CEO of Precision Autonomy. They have also founded this company.
Is Precision Autonomy a funded company?
Precision Autonomy is a funded company, having raised a total of $3.53M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.08M, raised on Jun 28, 2019.
What does Precision Autonomy do?
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.
Who are the top competitors of Precision Autonomy?
Precision Autonomy's top competitors include Raptor Maps, Cyberhawk and SkyX.
What products or services does Precision Autonomy offer?
Precision Autonomy offers Drone Insurance, General Aviation Insurance, and Autonomous Services Platform.