Fundz

Skydio, Inc. reported raising $96.5 Million in an initial SEC Form D filing, from an offering of $171 Million

PRIVATEFeb 25, 2021$96.5M of $171.4M raised

Amount Raised

$96.5 Million

$96.5 Million sold, per SEC Form D (first sale Feb 25, 2021)

Round Type

Venture

San MateoManufacturingInformation Technology

Quick answer

Skydio raised $96.5 Million in a funding round, dated February 25, 2021. Skydio is based in San Mateo, California, United States.

How much did Skydio raise?
Skydio raised $96.5 Million in a funding round on February 25, 2021.
What does Skydio do?
The company says it’s seen a 30x growth over the last three years and is now the largest drone manufacturer in the United States.
Where is Skydio based and how big is it?
Skydio is based in San Mateo, California, United States. Fundz records about 850 employees.
Who are the decision-makers at Skydio?
Fundz holds 1 contact at Skydio, including the CEO & Co-founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as Skydio that raised within 45 days of this round, from Fundz verified event records.

  • CAPSTONE COMPANIES, INC. raised $49K (Seed) on April 8, 2021.
  • Volexion raised $1.3M on April 8, 2021.
  • CAPSTONE COMPANIES, INC. raised $1.5M (Seed) on April 7, 2021.
  • VonMercier Inc. raised $153K (Pre-Seed) on April 7, 2021.
  • Sarah Flint, Inc. raised $6.3M on April 6, 2021.
  • CookUnity raised $141K on April 6, 2021.

Who to call at Skydio, and when

A new round usually means Skydio is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Skydio raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Skydio, from your own LinkedIn network

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Company Information

Company

Skydio

Location

San Mateo, California, United States

About

The company says it’s seen a 30x growth over the last three years and is now the largest drone manufacturer in the United States. In a released statement, Skydio co-founder and CEO Adam Bry says the company sees “extraordinary demand globally from organizations addressing needs important to every citizen.” The company had viral success with its original drone that featured a market-leading collision avoidance detection. The company still offers such capabilities but has pushed the industry forward with additional features and capabilities. In addition, the company expects to hire 150 manufacturing employees to staff the new facility. Skydio says its drones are used in every branch of the U.S. Department of Defense, by over half of all U.S. State Departments of Transportation, and by over 200 public safety agencies in 47 states. Current regulations around visual piloting limit this product, but Skydio has a solution for that, too, and now works with companies to expand their drone programs.The new Skydio manufacturing facility is based in Hayward, CA.

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Fundz sees it the moment Skydio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsAdam B., CEO & Co-founder hiddenSee plans and pricing
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Skydio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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