Propeller Aerobotics
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|
Revenues | 15.2m | 35.0m | 43.5m | 47.5m |
% growth | - | 130 % | 24 % | 9 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
$500k | Seed | ||
$1.0m | Seed | ||
$3.5m | Series A | ||
$10.0m | Series A | ||
* | $18.0m | Series B | |
N/A | - | ||
* | AUD23.0m Valuation: AUD137m | Late VC | |
Total Funding | AUD74.0m |
Related Content
Recent News about Propeller Aerobotics
EditPropeller Aero specializes in providing integrated drone surveying solutions tailored for industries such as construction, mining, and waste management. The company offers a comprehensive suite of products and services that include high-accuracy drones, AeroPoints (smart ground control points), and cloud-based software for data processing and management. Propeller Aero's core product is its fully integrated drone surveying workflow, which simplifies the process of capturing, processing, and correcting survey-grade data. This workflow is designed to be user-friendly, making it accessible for both beginners and experts. The company's business model revolves around selling hardware like AeroPoints and drones, as well as offering subscription-based access to its cloud platform and Propeller Corrections Network. This network subscription is essential for maintaining the high accuracy of the data captured. Propeller Aero generates revenue through the sale of its hardware products and recurring subscription fees for its software services. The company primarily serves clients in industries that require precise and efficient surveying solutions, helping them to map, measure, and manage their operations with greater accuracy and less time.
Keywords: drone surveying, construction, mining, waste management, high-accuracy data, AeroPoints, cloud-based processing, Propeller Corrections Network, integrated workflow, GPS-enabled.