About PromoDrone
PromoDrone is a company based in San Diego (United States) founded in 2016.. PromoDrone has raised $50 thousand across 2 funding rounds. PromoDrone offers products and services including Starling X.2 Drone and Aerial Messaging Service. PromoDrone operates in a competitive market with competitors including DroneCast, Drone Aerial Services, Hoovy, STAG Advertising and UFO DRONE, among others.
- Headquarter San Diego, United States
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Sectors
Business ServicesAerospace, Defense & Maritime Media & Entertainment
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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 Promo Drone 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
$50 K (USD)
in 2 rounds
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Latest Funding Round
$50 K (USD), Seed
Sep 01, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of PromoDrone
PromoDrone offers a comprehensive portfolio of products and services, including Starling X.2 Drone and Aerial Messaging Service. 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.
Drone for outdoor messaging and advertising with data insights
Service for real-time public safety and event announcements
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Funding Insights of PromoDrone
PromoDrone has successfully raised a total of $50K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $50 thousand completed in September 2021. 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 Seed — $50,000
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First Round
First Round
(01 Jun 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - PromoDrone | Valuation |
investors |
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| Jun, 2021 | Amount | Grant - PromoDrone | Valuation |
investors |
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| 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 |
Investments & Acquisitions by PromoDrone
| 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 - PromoDrone
| 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 |
Promodrone Comparisons
Competitors of PromoDrone
PromoDrone 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 DroneCast, Drone Aerial Services, Hoovy, STAG Advertising and UFO DRONE, 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.
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Latest news on Promodrone
Frequently Asked Questions about PromoDrone
When was PromoDrone founded?
PromoDrone was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is PromoDrone located?
PromoDrone is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of PromoDrone?
Jamar Williams is the current CEO of PromoDrone.
Is PromoDrone a funded company?
PromoDrone is a funded company, having raised a total of $50K across 2 funding rounds to date. The company's 1st funding round was a Grant of $25K, raised on Jun 01, 2021.
What does PromoDrone do?
PromoDrone was founded in 2016 in San Diego, United States. A platform is provided for drone-based advertising solutions in the marketing technology sector. Ad content, including QR codes and traffic-driving promotions, is broadcast via drones. Campaign impression analytics are collected and delivered using AI. Operations focus on private events, corporate gatherings, and similar applications within the U.S. geography.
Who are the top competitors of PromoDrone?
PromoDrone's top competitors include Hoovy, DroneCast and Drone Aerial Services.
What products or services does PromoDrone offer?
PromoDrone offers Starling X.2 Drone and Aerial Messaging Service.