About SkyWatch
SkyWatch is a company based in Palo Alto (United States) founded in 2016 by Tomer Kashi and Blumenthal Ori. It operates as a Commission-Based. SkyWatch has raised $2 million across 1 funding round from investors including AXA, Verizon and F2 Venture Capital. SkyWatch offers products and services including Drone Insurance, Aircraft Owner's Insurance, and Aircraft Renter's Insurance. SkyWatch operates in a competitive market with competitors including AirMap, Airspace Link, SkyGrid, AutoPylot and OneSky, among others.
- Headquarter Palo Alto, United States
- Founders Tomer Kashi, Blumenthal Ori
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Sectors
Aerospace, Defense & MaritimeFinancial Services
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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 Skywatch Insurance Services, 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
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Feb 01, 2018
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Investors
AXA
& 4 more
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Employee Count
Employee Count
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Products & Services of SkyWatch
SkyWatch offers a comprehensive portfolio of products and services, including Drone Insurance, Aircraft Owner's Insurance, and Aircraft Renter's Insurance. 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.
Insurance coverage is provided for commercial drone operators.
Insurance is offered for private light aircraft owners.
Flexible insurance is provided for aircraft renters and students.
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Funding Insights of SkyWatch
SkyWatch has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in February 2018. 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 1
- Last Round Seed — $2.0M
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First Round
First Round
(01 Feb 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2018 | Amount | Seed - SkyWatch | Valuation | F2 Capital |
| 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 SkyWatch
SkyWatch has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include AXA, Verizon and F2 Venture Capital. 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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Early-stage venture capital investing in Israeli startups across technology and innovation sectors.
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Mobile and internet services are provided to homes and businesses.
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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 SkyWatch
| 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 - SkyWatch
| 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 |
Skywatch Comparisons
Competitors of SkyWatch
SkyWatch 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 AirMap, Airspace Link, SkyGrid, AutoPylot and OneSky, 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 |
Provider of planning software for drone collision avoidance and airspace information
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| domain | founded_year | HQ Location |
Cloud-based solutions for drone delivery infrastructure are provided.
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| domain | founded_year | HQ Location |
Airspace management systems for unmanned aircraft are provided by SkyGrid.
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| domain | founded_year | HQ Location |
AutoPylot is recognized as a provider of drone flight planning software.
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| domain | founded_year | HQ Location |
Analytics and UTM systems for unmanned aerial vehicles are developed.
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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 Skywatch
Frequently Asked Questions about SkyWatch
When was SkyWatch founded?
SkyWatch was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is SkyWatch located?
SkyWatch is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Who is the current CEO of SkyWatch?
Tomer Kashi is the current CEO of SkyWatch. They have also founded this company.
Is SkyWatch a funded company?
SkyWatch is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Feb 01, 2018.
What does SkyWatch do?
Insurance coverage is offered by SkyWatch for commercial drone operators and light aircraft owners and renters. Services are extended across multiple industries including construction, agriculture, and public safety for drones, and various aircraft types such as single-engine, multi-engine, and rotorcraft. Customized and flexible policies are made available through hourly, monthly, or annual plans for drones, and tailored options for aircraft owners and renters. Operations are primarily focused in the US and Canada, with a strong emphasis on customer support and ease of access to quotes and policies.
Who are the top competitors of SkyWatch?
SkyWatch's top competitors include SkyGrid, Airspace Link and AutoPylot.
What products or services does SkyWatch offer?
SkyWatch offers Drone Insurance, Aircraft Owner's Insurance, and Aircraft Renter's Insurance.
Who are SkyWatch's investors?
SkyWatch has 5 investors. Key investors include AXA, Verizon, F2 Venture Capital, Kaedan Capital, and Liberty Mutual.