DroneDeploy was founded in 2013 by Jono Millin, Michael Winn, and Nicholas Pilkington. The company has not officially endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
DroneDeploy is a commercial drone software platform, offering fleet management solutions, flight plan software, as well as data capture and analysis functions. Many of DroneDeploy's customers are in the construction, agriculture, mining, and energy industries. In 2021, the company acquired Rocos, a robotics software company. DroneDeploy has raised $140 million in venture capital funding from investors including Energize Ventures, AirTree Ventures, Uncork Capital, Scale Venture Partners, and Scale Venture Partners. As of April 2022, the company has not disclosed recent valuation information.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/04/2021 | Series E | $45MM | $xx.xx | $497.78MM | Airtree, Angelpad, Bessemer Venture Partners, Emergence Capital, Energize Ventures, Frontline Ventures, Scale, Uncork Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,992,851
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Airtree, Angelpad, Bessemer Venture Partners, Emergence Capital, Energize Ventures, Frontline Ventures, Scale, Uncork Capital
|
||||||
11/13/2019 | Series D | $35MM | $xx.xx | $260.04MM | Bessemer Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
6,823,672
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners
|
||||||
06/26/2018 | Series C | $26.96MM | $xx.xx | $163.37MM | Airtree, Angelpad, Emergence Capital, Invenergy Future Fund, Scale Venture Partners, Uncork Capital | |
Price per Share
$xx.xx
Shares Outstanding
7,239,853
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Airtree, Angelpad, Emergence Capital, Invenergy Future Fund, Scale Venture Partners, Uncork Capital
|
||||||
08/24/2016 | Series B | $20MM | $xx.xx | $102.73MM | Scale Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
7,132,413
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Scale Venture Partners
|
||||||
03/31/2015 | Series A | $9MM | $xx.xx | $43.63MM | Angelpad, Datacollective, Emergence Capital, Softtech | |
Price per Share
$xx.xx
Shares Outstanding
6,086,298
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Angelpad, Datacollective, Emergence Capital, Softtech
|
||||||
09/19/2014 | Series Seed | $2.09MM | $xx.xx | $18.5MM | Angelpad, Data Collective, Draper Fisher Jurvetson, Red Point Ventures, Softtech Vc | |
Price per Share
$xx.xx
Shares Outstanding
2,639,508
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Angelpad, Data Collective, Draper Fisher Jurvetson, Red Point Ventures, Softtech Vc
|