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Aereo - About the company

Aereo is a series B company based in Bengaluru (India), founded in 2013 by Vipul Singh and Suhas Banshiwala. It operates as a Provider of drone survey services and integrated aerial data analytics. Aereo has raised $23.1M in funding from investors like Startupxseed Ventures, growX Ventures Fund and Navam Capital, with a current valuation of $*****. The company has 271 active competitors, including 25 funded and 12 that have exited. Its top competitors include companies like Zeitview, Terra Drone Corp and Kelluu.

Company Details

Provider of drone survey services and integrated aerial data analytics. This technology platform utilizes unmanned aircraft to capture high-resolution imagery and generate geospatial intelligence outputs, including orthomosaics, elevation models, and contour maps. The workflow combines aerial robotics, computer vision, geographic information systems, artificial intelligence, and cloud software to support technical decision-making. Operations include volumetric analysis, construction progress monitoring, land parcel mapping, and environmental compliance monitoring for industrial sectors.
Website
aereo.io
Social
XFacebook
Email ID
*****@aereo.io, *****@aereo.io
Phone Number
+91 **********
Registered Address
No.3 MCHS LAYOUT 80 FEET MAIN ROAD JAKKUR BANGALORE, Bangalore, JAKKUR, Karnataka, India, 560064
Key Metrics
Founded Year
2013
Location
Bengaluru, India
Stage
Series B
Total Funding
$23.1M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 03, 2024
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
133 as on May 31, 2026
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Aereo's funding and investors

Aereo has raised a total funding of $23.1M over 8 rounds. Its first funding round was on Feb 23, 2016. Its latest funding round was a Series B round on Sep 29, 2024 for $*****. 3 investors participated in its latest round. Aereo has 26 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Aereo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 29, 2024
1929104
Series B
4771758
3706682
4640882
7590470
Jun 14, 2024
7148340
Series B
2399699
4678246
4806689
Aug 26, 2022
7012931
Series A
1299886
6165206
5807549
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Aereo's founders and board of directors

Founder? Claim Profile
The founders of Aereo are Vipul Singh and Suhas Banshiwala. Vipul Singh is the CEO of Aereo.
Here are the details of Aereo's key team members:

Aereo's Board of Directors

Aereo's board has 4 active members. Ravi Balasaheb Thakur, Vipul Singh, Suhas Banshiwala and Stuti Bhartia are part of team.
Here is the list of Aereo's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
13y 0m
Team
-
Current
13y 0m
Investor
Startupxseed Ventures
Current
10y 7m
Investor
-
Current
2y 2m

Aereo's employee count trend

Aereo has 133 employees as of May 26. The total employee count is 49.0% lower than what it was in May 25. Here is Aereo's employee count trend over the years:
Employee count trend for Aereo
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Aereo's Competitors and alternates

Top competitors of Aereo include Zeitview, Terra Drone Corp and Kelluu. Here is the list of Top 10 competitors of Aereo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zeitview
Zeitview
2014, Santa Monica (United States), Series D
Provider of drone-based inspection software platform
$174M
74/100
2nd
Logo for Terra Drone Corp
Terra Drone Corp
2017, Shibuya (Japan), Public
Provider of services for aerial imaging survey
$98.2M
69/100
3rd
Logo for Kelluu
Kelluu
2018, Joensuu (Finland), Series A
Developer of electricity transmission based utility projects
$17.6M
60/100
4th
Logo for Matrix-Geo
Matrix-Geo
2008, Delhi (India), Public
Develops drone-based services for enterprises
$1M
60/100
5th
Logo for Aerodyne
Aerodyne
2014, Cyberjaya (Malaysia), Series B
Provider of drone technology data analytics and digital transformation solutions
$113M
55/100
6th
Logo for Indrones
Indrones
2015, Navi Mumbai (India), Seed
Operator of aerial drones for topographic mapping and data analysis
$1.6M
54/100
7th
Logo for Aereo
Aereo
2013, Bengaluru (India), Series B
Provider of drone survey services and integrated aerial data analytics
$23.1M
54/100
8th
Logo for AirWorks
AirWorks
2017, Cambridge (United States), Series A
Geospatial AI platform that converts aerial imagery and LiDAR into CAD and GIS data for telecom, utility, and AEC infrastructure
$10.3M
52/100
9th
Logo for Pointivo
Pointivo
2014, Atlanta (United States), Series B
AI-driven inspection maintenance service provider
$8.38M
51/100
10th
Logo for Deep Forestry
Deep Forestry
2018, Uppsala (Sweden), Seed
Provider of autonomous drone surveys and AI-driven forest data analysis
$3.51M
50/100
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Aereo's Latest cap tables and shareholding

Founders own 26.75%, Funds (largest shareholder) own 43.93%, Enterprises own 1.54% and Angels own 19.22%. The net worth of Aereo's founders is INR 125Cr as of Oct 03, 2024. The cap table displayed below is for AARAV UNMANNED SYSTEMS PRIVATE LIMITED which is the legal entity associated with Aereo.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
26.75%
125Cr
9686925
8624239
1564604
8248395
3157783
5880585
4747535
9508837
3742215
6307792
1136007
1593636
9692740
4080737
9926490
3735950
Fund
43.93%
206Cr
5525602
1810105
3876236
5724091
4672272
7971355
9707488
2971653
2031443
1802519
21830
17952
41064
52990
26180
67680
28042
40767
25125
35901
47329
88885
174
873
798
673
225
574
48
70
94
28
20
63
0
0
0
0
0
0
Enterprise
1.54%
7.21Cr
8
4
7
5
Angel
19.22%
90.1Cr
6318746
9763621
5739947
5597338
0
0
0
0
0
0
Other People
2.60%
12.2Cr
23
22
97
84
ESOP Pool
5.97%
28Cr
70121
82838
56298
72276
Total
100.00%
469Cr
8143109
3961961
3626944
2706072
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Aereo's Investments and acquisitions

Aereo has made no investments or acquisitions yet.

Reports related to Aereo

Here is the latest report on Aereo's sector:

News related to Aereo

Media has covered Aereo for 1 event in last 1 year.
•
Drone-tech firm Aarav rebrands to AereoFinancial Express•Sep 26, 2022•Aereo, Aereo
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