AirMap - About the company
AirMap is an acquired company based in Santa Monica (United States), founded in 2014 by Ben Marcus and Gregory McNeal. It operates as a Provider of planning software for drone collision avoidance and airspace information. AirMap has raised $75.4M in funding from investors like General Catalyst, Temasek and Lux Capital. The company has 71 active competitors, including 12 funded and 5 that have exited. Its top competitors include companies like Paladin Drones, SkyGrid and Airspace Link.
Company Details
AirMap provides planning software for drone collision avoidance and airspace information. The company builds airspace maps to help drone pilots map their flight paths, for collision avoidance and legal compliance. It provides airspace information to drone operators, including restrictions and it also works with drone manufacturers & developers to provide built-in mapping. It works with governments to include legal constraints in their maps.
- Website
- www.airmap.com
- Registered Address
- Santa Monica, California
Key Metrics
Founded Year
2014
Location
Santa Monica, United States
Stage
Acquired
Total Funding
$75.4M in 7 rounds
Latest Funding Round
Investors
Ranked
8th among 71 active competitors
Employee Count
33 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by DroneUp (Dec 07, 2021)
Legal entities associated with AirMap
AirMap is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AIRMAP, INC. CIN: 472805005 , United States, Active | Dec 26, 999 | - | 33 (As on Dec 31, 2020) | - |
AirMap's acquisition details
AirMap got acquired by DroneUp on Dec 07, 2021.
Click here to take a look at AirMap's acquisition in detail
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AirMap's funding and investors
AirMap has raised a total funding of $75.4M over 7 rounds. Its latest funding round was a Grant (prize money) round on Jun 01, 2020 for $*****. 1 investor participated in its latest round. AirMap has 33 institutional investors.
Here is the list of recent funding rounds of AirMap:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 01, 2020 | 8521804 | Grant (prize money) | 3382999 | 6885786 | 8831265 | 4384738 |
Mar 25, 2020 | 9976168 | Series C | 5535150 | 7503829 | 9446765 | 1524973 |
Mar 06, 2019 | 4583163 | Series B | 3854805 | 1634996 |
View details of AirMap's funding rounds and investors
AirMap's founders and board of directors
Founder? Claim ProfileThe founders of AirMap are Ben Marcus and Gregory McNeal.
Here are the details of AirMap's key team members:
- Ben Marcus: Former Co-Founder & CEO of AirMap and founder of 2 other companies, UP.Partners and QH88. They are also an angel investor in 1 startup.
- Gregory McNeal: Former Co-Founder of AirMap.
View details of AirMap's Founder profiles and Board Members
AirMap's employee count trend
AirMap has 33 employees as of Dec 22. The total employee count is 54.0% lower than what it was in Dec 21. Here is AirMap's employee count trend over the years:
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AirMap's Competitors and alternates
Top competitors of AirMap include Paladin Drones, SkyGrid and Airspace Link. Here is the list of Top 10 competitors of AirMap, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Paladin Drones 2018, Mountain View (United States), Series B | Drone management tool to give first responders a live feed of emergencies | $21.4M | 61/100 | |
2nd | SkyGrid 2005, Sunnyvale (United States), Acquired | Provider of airspace management system for unmanned aircraft | $11.5M | 57/100 | |
3rd | Airspace Link 2018, Detroit (United States), Series B | Provider of cloud-based drone delivery solutions | $38.5M | 57/100 | |
4th | AirHub 2016, Rotterdam (Netherlands), Series A | Provider of a drone flight planning platform for enterprises | $6.15M | 53/100 | |
5th | SkyWatch 2016, Palo Alto (United States), Seed | Drone and aviation insurance solutions for operators, owners, and renters | $2M | 52/100 | |
6th | Blue Innovation 2012, Chiyoda City (Japan), Public | Develops apps for flight planning and administration of drones | - | 49/100 | |
7th | Provider of cloud-based drone operation software for flight planning, execution, and analytics | - | 49/100 | ||
8th | AirMap 2014, Santa Monica (United States), Acquired | Provider of planning software for drone collision avoidance and airspace information | $75.4M | 47/100 | |
9th | AutoPylot 2021, South Burlington (United States), Seed | Provider of pre-flight planning software for drone pilots | $1.68M | - | 46/100 |
10th | Drone Buddy 2018, New York City (United States), Unfunded | Develops smartphone application for safe drone piloting | - | - | 42/100 |
Looking for more details on AirMap's competitors? Click here to see the top ones
AirMap's Investments and acquisitions
AirMap has acquired Hangar Technology. AirMap has not made any investments as of now.Reports related to AirMap
Here is the latest report on AirMap's sector:
News related to AirMap
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DroneUp acquires airspace traffic management company AirMapFreightWaves•Dec 07, 2021•DroneUp, AirMap
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AirMap to Develop Unmanned Traffic Mgmt Platform for Air Force’s Vertical Flight Test ProgramExecutiveBiz•Sep 23, 2020•AirMap
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AirMap Awarded Contract from US Air Force to Supply UTM Services to Agility Prime ProgramBusiness Wire•Sep 22, 2020•AirMap
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AirMap and DoD Partner to Develop AirBoss Aerial Intelligence PlatformBusiness Wire•Sep 09, 2020•AirMap
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FAA Announces Technology Partners for Remote ID DevelopmentUAS Vision•May 08, 2020•Airbus Official, AirMap, , Skyward and 4 others
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AirMap Partners with TMS Technologies to Supply Drone Integration Solutions in TaiwanUAS Vision•Apr 27, 2020•AirMap,
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