TropoGo

Bengaluru, India Founded: 2018 • Age: 8 yrs
Provider of an open-source drone insurance solution
Annual revenue $297,676 Latest available
Total funding $1.0M 6 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About TropoGo

TropoGo is a company based in Bengaluru (India) founded in 2018 by Sandipan Sen. TropoGo has raised $1.03 million across 6 funding rounds from investors including FinTech Wales. TropoGo offers products and services including SkyStore, Drone Insurance, Drone Training Courses, and Air Sherpa. TropoGo operates in a competitive market with competitors including SkyWatch, AirMap, Airspace Link, SkyGrid and FlyNex, among others.

  • Headquarter Bengaluru, India
  • Founders Sandipan Sen
  • Stage Minicorn
  • Sectors
    Aerospace, Defense & Maritime
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Tropogo Technologies Private Limited
  • Date of Incorporation 29 Nov, 2019
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $297.68 K (USD)
    87.68
    as on Mar 31, 2022
  • Net Profit
    -$18.28 K (USD)
    -232.43
    as on Mar 31, 2022
  • EBITDA
    $24.1 K (USD)
    -38.7
    as on Mar 31, 2022
  • Total Equity Funding
    $1.03 M (USD)

    in 6 rounds

  • Latest Funding Round
    $135.61 K (USD), Seed

    May 17, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of TropoGo

TropoGo offers a comprehensive portfolio of products and services, including SkyStore, Drone Insurance, Drone Training Courses, and Air Sherpa.

Product name locked
Category locked
Primary

Platform for buying and comparing drones and parts online.

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Coverage options for drone operations and pilots risks.

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Online booking for DGCA-certified pilot training programs.

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Tool for checking flight zones and weather conditions.

Funding Insights of TropoGo

TropoGo has successfully raised a total of $1.03M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $135.61 thousand completed in May 2024. 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.

Investors in TropoGo

TropoGo has secured backing from 1 investor. Prominent investors backing the company include FinTech Wales.

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Investor Description Founded Year Domain Location
Financial technology association focused on funding and investment services.
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Investor details for TropoGo

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Investments & Acquisitions by TropoGo

Investments
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Investment portfolio details for TropoGo

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Financial Statements - TropoGo

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Detailed financials for TropoGo

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Tropogo Comparisons

TropoGo Primary company
Description
Provider of an open-source drone insurance solution
Location
Bengaluru, India
Founded Year
2018
Annual Revenue
$297.68 K (USD)
Net Profit
-$18.28 K (USD)
EBITDA
$24.1 K (USD)
Employees
Not available
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Peer comparison for TropoGo

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Competitors of TropoGo

TropoGo 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 SkyWatch, AirMap, Airspace Link, SkyGrid and FlyNex, among others.

Company Name Domain Founded year HQ Location Description
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Insurance solutions are provided for drones and light aircraft.
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Provider of planning software for drone collision avoidance and airspace information
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Cloud-based solutions for drone delivery infrastructure are provided.
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Airspace management systems for unmanned aircraft are provided by SkyGrid.
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Provider of cloud-based drone operation software for flight planning, execution, and analytics
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Drone flight planning platform is provided for enterprises.
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Detailed competitors of TropoGo

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Latest news on Tropogo

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Frequently Asked Questions about TropoGo

TropoGo was founded in 2018 and raised its 1st funding round 2 years after it was founded.

TropoGo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

TropoGo is a funded company, having raised a total of $1.03M across 6 funding rounds to date.

Annual revenue of TropoGo is $297.68K as on Mar 31, 2022.

Provider of an open-source drone insurance solution. Its offering includes drone insurances, drone risk area data, drone rules, weather updates, drone management, and a drone flight checklist. It also offers drone training and communities. It is available on Android platforms.

TropoGo's top competitors include SkyGrid, Airspace Link and FlyNex.

TropoGo offers SkyStore, Drone Insurance, Drone Training Courses, and Air Sherpa.

TropoGo has 1 investor. Key investors include FinTech Wales.

The valuation of TropoGo is $4.08M as of Feb 2021.

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