November Private Market UpdateThe private market one year past the peak - down, not out
November Private Market Update
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.
DroneDeploy does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for DroneDeploy will be known as it becomes public. Here are similar public companies: Blade (NASDAQ: BLDE), Fast Radius (NASDAQ: FSRD), Joby Aviation (NYSE: JOBY), Procore Technologies (NYSE: PCOR), Rocket Lab (NASDAQ: RKLB).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 2/4/2021 | Series E | $45MM raised | $XXX.XX | $XXX.XX |
| 11/13/2019 | Series D | $35MM raised | $XXX.XX | $XXX.XX |
| 6/26/2018 | Series C | $26.96MM raised | $XXX.XX | $XXX.XX |
| 8/24/2016 | Series B | $20MM raised | $XXX.XX | $XXX.XX |
| 3/31/2015 | Series A | $9MM raised | $XXX.XX | $XXX.XX |
| 9/19/2014 | Series Seed | $2.09MM raised | $XXX.XX | $XXX.XX |
