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Aereo - About the company

Aereo is a series B company based in Bengaluru (India), founded in 2013 by Vipul Singh, Suhas Banshiwala and Vipul Singh. It operates as a Provider of integrated drone solutions for diverse industry applications. Aereo has raised $23.1M in funding from investors like Startupxseed Ventures, GrowX Ventures and Navam Capital, with a current valuation of $*****. The company has 259 active competitors, including 23 funded and 12 that have exited. Its top competitors include companies like Zeitview, Terra Drone Corp and Aerodyne.

Company Details

Provider of integrated drone solutions for diverse industry applications. The company delivers drone surveys and advanced business analytics to transform industry-specific operations. Services include volumetric analysis, construction progress monitoring, and land parcel mapping. The company offers solutions for mining, infrastructure, and urban and rural development.
Website
aereo.io
Social
XFacebook
Email ID
*****@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
204 as on Aug 31, 2025
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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 25 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
2495867
Series B
8215885
3762134
9291182
8773428
Jun 14, 2024
9137699
Series B
4147477
9561180
9542419
Aug 26, 2022
6751764
Series A
2309464
6852791
1011748
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Aereo's founders and board of directors

Founder? Claim Profile
The founders of Aereo are Vipul Singh, Suhas Banshiwala and Vipul Singh. Vipul Singh and Vipul Singh are the CEOs 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
12y 10m
Team
-
Current
12y 10m
Investor
Startupxseed Ventures
Current
10y 5m
Investor
-
Current
1y 11m

Aereo's employee count trend

Aereo has 204 employees as of Aug 25. The total employee count is 45.0% lower than what it was in Aug 24. 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 Aerodyne. 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
72/100
2nd
Logo for Terra Drone Corp
Terra Drone Corp
2017, Shibuya (Japan), Public
Provider of services for aerial imaging survey
$98.2M
68/100
3rd
Logo for Aerodyne
Aerodyne
2014, Cyberjaya (Malaysia), Series B
Provider of SaaS and AI-based drone analytics platform
$113M
58/100
4th
Logo for Kelluu
Kelluu
2018, Joensuu (Finland), Series A
Developer of electricity transmission based utility projects
$17.6M
58/100
5th
Logo for Matrix-Geo
Matrix-Geo
2008, Delhi (India), Public
Develops drone-based services for enterprises
$1M
57/100
6th
Logo for Indrones
Indrones
2015, Navi Mumbai (India), Seed
Operator of aerial drones for topographic mapping and data analysis
$1.6M
55/100
7th
Logo for Aereo
Aereo
2013, Bengaluru (India), Series B
Provider of integrated drone solutions for diverse industry applications
$23.1M
55/100
8th
Logo for Pointivo
Pointivo
2014, Atlanta (United States), Series B
AI-driven inspection maintenance service provider
$8.38M
54/100
9th
Logo for Deep Forestry
Deep Forestry
2018, Uppsala (Sweden), Seed
Provider of autonomous drone surveys and AI-driven forest data analysis
$3.51M
48/100
10th
Logo for PlotBox
PlotBox
2012, Boston (United States), Series A
Offers cloud-based cemetery, crematory, and funeral software for centralized data management and streamlined operations
$2.6M
48/100
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Aereo's Latest cap tables and shareholding

Founders own 26.75%, Funds (largest shareholder) own 45.26%, Enterprises own 0.21% and Angels own 19.22%. The net worth of Aereo's founders is INR 125Cr as of Oct 03, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
26.75%
125Cr
1582221
4447045
2383540
8299821
1039464
1809287
5204724
6520055
6748722
2213395
9194873
1353541
4369233
8416144
1059702
4328127
Fund
45.26%
212Cr
9781378
5954277
3392565
2891163
5279408
3190371
1332277
2965950
6836694
5148998
92153
66769
63612
27735
79350
64668
95540
60685
51965
55378
94993
71328
549
242
189
784
546
572
11
92
10
58
10
85
0
0
0
0
0
0
Enterprise
0.21%
99.5L
0
0
0
0
Angel
19.22%
90.1Cr
6216241
2841984
9448970
2174661
0
0
0
0
0
0
Other People
2.60%
12.2Cr
61
92
13
46
ESOP Pool
5.97%
28Cr
69918
91834
20081
93391
Total
100.00%
469Cr
1812759
6480922
6894339
8939947
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Aereo's Shareholding

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 a total of 2 events in the last 1 year, 1 of them has been about partnerships.
Drone-tech firm Aarav rebrands to AereoFinancial ExpressSep 26, 2022Aereo, Aereo
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