About Volansi
Volansi is a company based in Concord (United States) founded in 2015 was acquired by Sierra Nevada Corp in October 2022.. Volansi has raised $70.12 million across 5 funding rounds from investors including Sierra Nevada Corp, Lightspeed Venture Partners and Icon Ventures. The company has 50 employees as of December 31, 2022. Volansi operates in a competitive market with competitors including Zipline, Flytrex, Elroy Air, DroneUp and Wing, among others.
- Headquarter Concord, United States
- Employees 50 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & LogisticsAerospace, 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 Volans-I, 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
$70.12 M (USD)
in 5 rounds
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Latest Funding Round
$50 M (USD), Series B
Sep 15, 2020
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Investors
Sierra Nevada Corp
& 9 more
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Employee Count
50
as on Dec 31, 2022
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Acquired by
Sierra Nevada Corp
(Oct 11, 2022)
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Software Development Team
79 people
Leadership Team
66 people
Finance and Accounting
25 people
Human Resources and Administration
23 people
Operations Team
20 people
Senior Team
19 people
Product Management Team
17 people
Mechanical Team
13 people
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Funding Insights of Volansi
Volansi has successfully raised a total of $70.12M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in September 2020. 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 5
- Last Round Series B — $50.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Series B - Volansi | Valuation | Icon Ventures | |
| May, 2019 | Amount | Series A - Volansi | Valuation | Lightspeed Venture Partners | |
| Oct, 2017 | Amount | Seed - Volansi | Valuation |
investors |
| 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 Volansi
Volansi has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Sierra Nevada Corp, Lightspeed Venture Partners and Icon Ventures. 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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Sector-agnostic growth stage VC investment company funding companies in the US and Asia
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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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 Volansi
| 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 - Volansi
| 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 |
Volansi Comparisons
Competitors of Volansi
Volansi 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 Zipline, Flytrex, Elroy Air, DroneUp and Wing, 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 |
Drones are operated for on-demand delivery of medical supplies.
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| domain | founded_year | HQ Location |
Cloud-based on-demand drone delivery for e-commerce is provided.
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| domain | founded_year | HQ Location |
Autonomous aircraft systems are developed for cargo delivery operations.
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| domain | founded_year | HQ Location |
AI-powered unmanned air traffic control systems are provided.
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| domain | founded_year | HQ Location |
Drone-based on-demand delivery services and traffic management software are provided.
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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 Volansi
Frequently Asked Questions about Volansi
When was Volansi founded?
Volansi was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Volansi located?
Volansi is headquartered in Concord, United States. It is registered at Concord, New Hampshire, United States.
Is Volansi a funded company?
Volansi is a funded company, having raised a total of $70.12M across 5 funding rounds to date.
How many employees does Volansi have?
As of Dec 31, 2022, the latest employee count at Volansi is 50.
What does Volansi do?
Volansi was founded in 2015 and is based in Concord, United States. Operations focus on electric VTOL-fixed wing autonomous aircraft designed for transporting large payloads. Drone logistics networks are enabled for on-demand goods transport via air routes. Applications span commercial, medical, and defense sectors, supporting organizations in building and managing such systems.
Who are the top competitors of Volansi?
Who are Volansi's investors?
Volansi has 10 investors. Key investors include Sierra Nevada Corp, Lightspeed Venture Partners, Icon Ventures, Y Combinator, and Harpoon Ventures.
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