About Teal Drones
Teal Drones is an Aerospace, Defense & Maritime company based in Salt Lake City (United States) founded in 2014, and was acquired by Red Cat Holdings in July 2021. Military drones with machine learning for autonomous flight are provided. Teal Drones has raised $9.8 million across 5 funding rounds from investors including Decathlon Capital Partners, NEA and Pelion Venture Partners. Its website tealdrones.com draws about 12 thousand monthly visits. Teal Drones offers products and services including Black Widowâ„¢, Teal 2 Controllers, and Futures Initiative. Its focus areas include High Tech, Drones, Military Drones and Aerospace, Maritime and Defense Tech. Its legal entity is Red Cat Holdings, Inc. Its competitors include Anduril, Shield AI and Northrop Grumman; 2 of its 3 listed competitors have raised funding.
Company details
Teal Drones was established in 2014 in Salt Lake City, United States, within the defense and aerospace sector. Military drones are supplied, incorporating an NVIDIA TX1 chip to enable machine learning-based autonomous flight algorithms. An aerial platform is utilized for aircraft control in varied environments, supporting operations in military applications across domestic and international contexts.
- Headquarters Salt Lake City, United States
- Stage Acquired
- SectorsAerospace, Defense & Maritime
- Email••••••••
- Website tealdrones.com
- Social LinkedIn X Facebook YouTube
- Acquired by Red Cat Holdings (Jul 2021)
- Legal Name Red Cat Holdings, Inc.
- Total Equity Funding$9.8M (USD)
in 5 rounds
- Latest Funding Round$1.2M (USD), Series A
Jun 2023
- InvestorsDecathlon Capital Partners
& 3 more
- Acquired byRed Cat Holdings
(Jul 2021)
Products & Services of Teal Drones
Teal Drones offers a comprehensive portfolio of products and services, including Black Widow™, Teal 2 Controllers, and Futures Initiative.
Drone for short-range reconnaissance and intelligence missions
Controllers for seamless drone operation in challenging environments
Platform for collaborating on drone technology advancements
Apps and channels of Teal Drones
its YouTube channel Teal Drones has 2.34K subscribers and 30 videos.
Videos from Teal Drones
The most watched videos on Teal Drones's YouTube channel, Teal Drones (2.34K subscribers). Click a video to play it here.
More on Teal Drones.
Funding Insights of Teal Drones
Teal Drones has successfully raised a total of $9.8M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.2 million completed in June 2023. 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 $9.8M
- Total Rounds 5
- Last Round Series A — $1.2M
- First Round $2.8M
(Dec 2015)
- Investors Count 3
All 5 funding rounds of Teal Drones with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $1.2M | Series A | – | – | – |
| Feb 2021 | Series A | – | Decathlon Capital Partners | – | |
| Oct 2016 | $3M | Series A | – | – | – |
| Dec 2015 | $2.8M | Seed | – | – | – |
| Dec 2015 | $2.8M | Seed | – | Pelion Venture Partners |
4 investors in total: 4 institutional.
Investors in Teal Drones
Teal Drones has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Decathlon Capital Partners, NEA and Pelion Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private debt funds focused on direct lending, and revenue-based financing | 2010 | decathloncapital.com | Palo Alto, United States | |
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
US focused early-stage VC firm | pelionvp.com | Salt Lake City, United States | ||
| redcatholdings.com |
Investor details for Teal Drones
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Teal Drones
6 people are tracked at Teal Drones (2 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Mitch McDonald | President | Leadership |
Jeffrey McGrath | Director Of Quality | Leadership |
Sean Cassity | Sr. Quality Control Manager | Team |
Glen Herzog | Sr. Project Manager | Team |
David Wishart | Design Engineer | Team |
Tara Scranton | Sr. Manager, Customer Success | Team |
Complete people profiles for Teal Drones
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Teal Drones
4 dated milestones of Teal Drones across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Teal Drones is founded.
- Funding First funding round of $2.8M.
- Exit Acquired by Red Cat Holdings.
- Funding Latest funding round, Series A, of $1.2M.
Competitors of Teal Drones
Teal Drones has 3 listed competitors in our database, 2 of them funded. They include Anduril, Shield AI and Northrop Grumman.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| anduril.com | 2017 | Orange, United States | $6.26B | 2,193 | Provider of AI-based drone surveillance solutions for defense and maritime sector | |
| shield.ai | 2015 | San Diego, United States | $3.52B | 641 | Autonomous drones and AI pilots for fighter jets are developed. | |
| northropgrumman.com | 1939 | United States | 95,000 | Non-combat aircraft systems are supplied for aerospace and defense sectors. |
Detailed competitors of Teal Drones
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Teal Drones
The website of Teal Drones (tealdrones.com) receives about 12.2K visits a month.
- Monthly visits12.2K
▲ 3.6% vs previous month
Websites whose visitors overlap most with Teal Drones. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fortemtech.com | 100% | 9.5K | #2,484,268 | View details | |
| quantum-systems.com | 98% | 136.4K | #274,285 | View details | |
| google.com | 68% | 85.8B | #1 | View details | |
| reddit.com | 52% | 4.4B | #9 | View details | |
| autelpilot.com | 48% | #619,587 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Teal Drones
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Drone & Aerial Mobility
3 companies that operate in the same segment as Teal Drones (Drone & Aerial Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | 9,670 | ||
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 | ||
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 3.23 B | 1,067 |
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
Related news about Teal Drones
Complete news archive for Teal Drones
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Teal Drones
Teal Drones was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Teal Drones is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Teal Drones is a funded company, having raised a total of $9.8M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.8M, raised on Dec 2015.
Teal Drones was established in 2014 in Salt Lake City, United States, within the defense and aerospace sector. Military drones are supplied, incorporating an NVIDIA TX1 chip to enable machine learning-based autonomous flight algorithms. An aerial platform is utilized for aircraft control in varied environments, supporting operations in military applications across domestic and international contexts.
Teal Drones's top competitors include Anduril, Shield AI and Northrop Grumman.
Teal Drones offers Black Widowâ„¢, Teal 2 Controllers, and Futures Initiative.
Teal Drones has 4 investors. Key investors include Decathlon Capital Partners, NEA, Pelion Venture Partners, and Red Cat Holdings.
Teal Drones operates through Red Cat Holdings, Inc..
Yes. Teal Drones was acquired by Red Cat Holdings in July 2021.