blueflite - About the company
blueflite is a seed company based in Ann Arbor (United States), founded in 2018 by Alexander Xydas. It operates as a Developer of drone-based logistics platform for commercial deliveries and related services. blueflite has raised $120K in funding from Techstars, with a current valuation of $*****. The company has 49 active competitors, including 19 funded and 6 that have exited. Its top competitors include companies like Flytrex, Workhorse Group and Zipline.
Company Details
Developer of drone-based logistics platform for commercial deliveries and related services. It designs all-electric drones with vertical take-off and landing capabilities. It offers drone solutions, engineering, and consulting services. Its digital network integrates with existing logistics solutions.
- Website
- www.blueflite.com/
- Social
- Email ID
- *****@blueflite.com
- Registered Address
- 7000 Kensington Road, Brighton, MI
Key Metrics
Founded Year
2018
Location
Ann Arbor, United States
Stage
Seed
Total Funding
$120K in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Feb 28, 2023
Ranked
11th among 49 active competitors
Annual Revenue
$0 - $1M as on Dec 31, 2023
Employee Count
24 as on Sep 30, 2026
Legal entities associated with blueflite
blueflite is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Blueflite Inc. CIN: 0001953912 , United States, Active | $0 - $1M (As on Dec 31, 2023) | 8 (As on Dec 31, 2023) | - |
Sign up to download blueflite's company profile
blueflite's funding and investors
blueflite has raised a total funding of $120K over 2 rounds. Its first funding round was on Nov 10, 2018. Its latest funding round was a Grant (prize money) round on Jul 07, 2022 for $*****. 1 investor participated in its latest round. blueflite has 6 institutional investors.
Here is the list of recent funding rounds of blueflite:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 07, 2022 | 9516907 | Grant (prize money) | 1318039 | 1804488 | 6866014 | 7852624 |
Nov 10, 2018 | 9018852 | Seed | 5098955 | 1369882 |
Access funding benchmarks and valuations. Sign up today!View details of blueflite's funding rounds and investors
blueflite's founders and board of directors
Founder? Claim ProfileThe founders of blueflite is Alexander Xydas. Frank Noppel is the CEO of blueflite.
Here are the details of blueflite's key team members:
- Alexander Xydas: Former Co-Founder of blueflite and founder of 1 other company.
- Frank Noppel: Co-Founder & CEO of blueflite. Contact Info: 1 email address
View details of blueflite's Founder profiles and Board Members
blueflite's employee count trend
blueflite has 24 employees as of Sep 26. Here is blueflite's employee count trend over the years:
Uncover blueflite's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
blueflite's Competitors and alternates
Top competitors of blueflite include Flytrex, Workhorse Group and Zipline. Here is the list of Top 10 competitors of blueflite, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of cloud-based on-demand drone-based e-commerce delivery services | $60M | 68/100 | ||
2nd | Workhorse Group 2007, Cincinnati (United States), Public | Manufacturer of electric vehicles and related components for transportation solutions | $35.8M | 67/100 | |
3rd | Zipline 2011, San Francisco (United States), Series H | Operator of drone delivery and logistics | $1.63B | 65/100 | |
4th | Matternet 2011, Mountain View (United States), Public | Provider of autonomous drone networks | $67.1M | 65/100 | |
5th | Elroy Air 2016, San Francisco (United States), Series B | Autonomous aircraft systems for cargo delivery purposes | $116M | 64/100 | |
6th |  Wing 1997, Palo Alto (United States), Acquired | Operator of on-demand drone delivery service for food, groceries, and goods | - | 62/100 | |
7th |  MightyFly 2019, San Francisco (United States), Series A | Offers autonomous drone vehicles providing end to end logistics services | $15.1M | 58/100 | |
8th | Volansi 2015, Concord (United States), Acquired | Logistics delivery solutions with VTOL drone delivery | $75M | 51/100 | |
9th |  PABLO AIR 2018, Incheon (South Korea), Funding Raised | Provider of drone delivery services | - | 50/100 | |
10th | Hylio 2015, Austin (United States), Funding Raised | Developing autonomous drone for P2P delivery purposes | - | 47/100 | |
11th |  blueflite 2018, Ann Arbor (United States), Seed | Developer of drone-based logistics platform for commercial deliveries and related services | $120K | 44/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on blueflite's competitors? Click here to see the top ones
blueflite's Investments and acquisitions
blueflite has made no investments or acquisitions yet.
Reports related to blueflite
Here is the latest report on blueflite's sector:
News related to blueflite
Filter this listMedia has covered blueflite for 1 event in last 1 year, It was about company updates.
•
Jack Demmer Automotive Group, blueflite, and Airspace Link Launch State-Funded Autonomous Parts Delivery ProgramPR Newswire•Aug 25, 2026•blueflite, Airspace Link, Jdemmerford
•
Blueflite and Airspace Link Partner for Drone Logistics ProjectsPR Newswire•Jul 18, 2025•blueflite, Airspace Link
•
SampleServe and blueflite Partner on Drone-Based Water Sampling Solution
DRONELIFE•Jun 05, 2025•blueflite, SampleServe
•
blueflite and Hawk AeroSafety Partner to Deliver Next-Generation Aviation Safety Management SystemVerticalmag•May 21, 2025•Hawkaerosafety, blueflite
•
Blueflite chooses to locate in Lafayette, advancing medical logistics in LouisianaVerticalmag•Apr 25, 2025•blueflite, Lafayette
•
Blueflite to demonstrate cargo drone capabilities in IndonesiaVerticalmag•Feb 10, 2025•blueflite, Terra Drone Corp
•
Blueflite Hydrogen Fuel Cell Tech Revolutionizes Long-Range UAVs in AustraliaUAS Vision•Sep 03, 2024•blueflite
•
H3 Dynamics and Blueflite Collaborate on Hydrogen Storage for Drones in a Trailblazing NT ProjectFuelcellsworks•Aug 27, 2024•H3 Dynamics, blueflite
•
Blueflite relies on 3D printing to develop hydrogen fuel cells for dronesAtamai•Aug 19, 2024•blueflite
•
Blueflite collaborates on hydrogen fuel storage for UAVsVerticalmag•Aug 16, 2024•blueflite, Northern Territory Government
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about blueflite
Explore our recently published companies
- Mo - Unfunded company
- Expert Apps AI - Karachi based, Unfunded company
- ArakYet - California based, 2025 founded, Unfunded company
- Raghav Productivity Enhancers - Jaipur based, 2009 founded, Funding Raised company
- Boat U-neet - 2025 founded, Unfunded company
- HOGR - Bengaluru based, 2023 founded, Funding Raised company
