“We anticipate continued growth as industries expand their use of visual data to streamline operations. “The health, economic and workforce pressures of the last year have accelerated the adoption of drones and drone data by asset owners,” said John Tough, managing partner of Energize Ventures and a director on DroneDeploy’s board. We will continue to enhance our complete digitization platform to deliver fully immersive environments.”ĭroneDeploy’s momentum in product development and customer wins has attracted investor interest. We have expanded our drone technology with the ability to capture and analyze images from ground-based cameras operated by people or robots. “At the same time, companies are digitizing their sites inside and out, creating full digital twins of their assets. To support our thousands of European users, we are launching an EMEA office,” said Mike Winn, CEO and co-founder of DroneDeploy. Across the globe, the largest agriculture, logistics, construction, and energy companies are operating fleets of hundreds of drones, and they are using DroneDeploy to manage them. DroneDeploy has led the market, achieving 259% annual growth in enterprise use in 2020 and even greater adoption by Fortune 500 energy, agriculture, engineering, property and logistics management, and insurance companies. Companies across almost every sector have embraced commercial drones, especially as COVID-19 and global social distancing measures have made remote, cloud-based solutions essential. That logo is becoming pretty familiar…ĭroneDeploy powers drones and ground-level cameras to automatically collect and analyze visual data from job sites, operations and assets. The investment will be used to expand the company’s products beyond aerial capture, accelerate its expansion into Europe, and explore opportunities for strategic acquisitions. This funding brings DroneDeploy’s total fundraising to date to $142 million, the most of any drone data company. The round was led by existing investors Energize Ventures and AirTree, with participation from Bessemer, Scale, Emergence, Angelpad, Uncork and Frontline Ventures. 04, 2021 - Leading enterprise drone data company DroneDeploy today announced it has raised $50 million in Series E financing. We’re pasting that release here, in its entirety: That’s part of the plan moving forward, according to the headline in a release announcing the news. The company had already raised a total of $92 million in previous rounds.Īnd now, with a new raise of $50 million US, DroneDeploy has even bigger plans. That’s made it a staple on many job sites, including the construction, agriculture, and energy sectors. Its software is excellent at helping to categorize and analyze data collected by drones and transform it into something more meaningful than a collection of photos or numbers. DroneDeploy, at least in recent history, has had no difficulty in attracting investors.
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