About Verge Aero
Verge Aero is a company based in Philadelphia (United States) founded in 2016 by Christopher Franzwa.. Verge Aero has raised $350 thousand across 1 funding round. Verge Aero offers products and services including X7 Drone Show System and Book a Show. Verge Aero operates in a competitive market with competitors including BotLab Dynamics, UVify, Qianji Show, Flapper Drones and SKY MAGIC, among others.
- Headquarter Philadelphia, United States
- Founders Christopher Franzwa
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Sectors
Aerospace, Defense & Maritime
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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 Verge, 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
$350 K (USD)
in 1 rounds
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Latest Funding Round
$350 K (USD), Seed
Jun 02, 2017
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Investors
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Employee Count
Employee Count
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Products & Services of Verge Aero
Verge Aero offers a comprehensive portfolio of products and services, including X7 Drone Show System and Book a Show. 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.
Turnkey system for safe and efficient professional drone light shows.
Platform for booking and organizing drone show events.
Funding Insights of Verge Aero
Verge Aero has successfully raised a total of $350K through 1 strategic funding round. The most recent funding activity was a Seed round of $350 thousand completed in June 2017. 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 — $350,000
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First Round
First Round
(02 Jun 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2017 | Amount | Seed - Verge Aero | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Verge Aero
| 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 - Verge Aero
| 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 |
Verge Aero Comparisons
Competitors of Verge Aero
Verge Aero 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 BotLab Dynamics, UVify, Qianji Show, Flapper Drones and SKY MAGIC, 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 |
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| domain | founded_year | HQ Location |
Autonomous drone solutions for light shows and swarms are developed.
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| domain | founded_year | HQ Location |
Drones are developed for cinematography, racing, and freestyle applications.
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| domain | founded_year | HQ Location |
Drone light show services are provided for events and promotions.
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| domain | founded_year | HQ Location |
Develops and sells bioinspired flapping-wing drones for research and events.
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| domain | founded_year | HQ Location |
Global provider of drone light shows for events, using proprietary technology and creative teams.
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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 Verge Aero
Frequently Asked Questions about Verge Aero
When was Verge Aero founded?
Verge Aero was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Verge Aero located?
Verge Aero is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of Verge Aero?
Nils Thorjussen is the current CEO of Verge Aero.
Is Verge Aero a funded company?
Verge Aero is a funded company, having raised a total of $350K across 1 funding round to date. The company's 1st funding round was a Seed of $350K, raised on Jun 02, 2017.
What does Verge Aero do?
Provider of drone show systems and software. It offers a complete solution for creating and executing drone light shows, including drones, software for design and control, and support services. The software allows for the creation of complex and intricate aerial displays. The company provides assistance to clients throughout the entire process, from initial design to show execution. Its integrated technology stack simplifies the operation of drone shows of various scales.
Who are the top competitors of Verge Aero?
Verge Aero's top competitors include BotLab Dynamics, UVify and Qianji Show.
What products or services does Verge Aero offer?
Verge Aero offers X7 Drone Show System and Book a Show.