When was Firestorm founded?

Firestorm was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Firestorm located?

Firestorm is headquartered in San Diego, United States.

Who is the current CEO of Firestorm?

Dan Magy of Firestorm. They have also founded 1 company.

How many employees does Firestorm have?

As of Jul 31, 2026, the latest employee count at Firestorm is 213.

Is Firestorm a funded company?

Firestorm is a funded company, having raised a total of $160M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 15, 2023.

When was the latest funding round of Firestorm?

Firestorm's latest funding was a $***** Series B round on Feb 20, 2026, with participation from 8 investors.

Where does Firestorm rank among its competitors?

Firestorm ranks 7th amongst 397 active competitors, of which 65 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Anduril, which secured $5B in May, 2026.

Who are the top competitors of Firestorm?

Firestorm's top competitors include Newspace Research and Technologies, Anduril and Skydio. Among them, Anduril secured the most recent funding round in May, 2026.

Firestorm - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of modular, mission-adaptable unmanned aerial systems and manufacturing solutions. The company provides adaptable aerial vehicles and aims to reduce total ownership costs through digital efficiencies. It offers manufacturing cells for unmanned aerial systems, spare parts, and polymer needs. The company's systems feature open architecture, extending modularity to the airframe.

Key Metrics

Founded Year

2022

Location

San Diego, United States

Stage

Series B

Total Funding

$160M in 8 rounds

Latest Funding Round

Series B, Feb 20, 2026, $*****

Investors

New Enterprise Associates & 23 more

Ranked

7^th among 397 active competitors

Employee Count

213 as on Jul 31, 2026

Similar Companies

Newspace Research and Technologies & 257 more

View Firestorm's full profile

Firestorm is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Firestorm Labs, Inc. CIN: 882061142 , United States, Active	Mar 16, 2023	-	47 (As on Dec 31, 2024)	-

Firestorm has raised a total funding of $160M over 8 rounds. Its first funding round was on Mar 15, 2023. Its latest funding round was a Series B round on Feb 20, 2026 for $*****. 8 investors participated in its latest round. Firestorm has 24 institutional investors.

Here is the list of recent funding rounds of Firestorm:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 20, 2026	7287780	Series B	9328265	7363721	2867944	2082525
Jul 16, 2025	6164300	Series A	2872914	7031946	5209914	Lockheed Martin & 3 more
Jul 16, 2025	6494288	Venture Debt	2384413	5689584	7126737	J P Morgan

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View details of Firestorm's funding rounds and investors

The founders of Firestorm are Ian Muceus, Chad McCoy, Ian M and Dan Magy. Dan Magy is the CEO of Firestorm.

Here are the details of Firestorm's key team members:

Ian Muceus: Co-Founder & Lead Inventor & & CTO of Firestorm.
Contact Info: 1 email address
Chad McCoy: Co-Founder & Chief Growth Officer of Firestorm.
Contact Info: 1 email address
Ian M: Co-Founder, Lead Inventor, & CTO of Firestorm.
Contact Info: 1 email address
Dan Magy: Co-Founder & CEO of Firestorm.
Contact Info: 1 email address

View details of Firestorm's Founder profiles and Board Members

Firestorm's employee count trend

Firestorm has 213 employees as of Jul 26. Here is Firestorm's employee count trend over the years:

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Top competitors of Firestorm include Newspace Research and Technologies, Anduril and Skydio. Here is the list of Top 10 competitors of Firestorm, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Newspace Research and Technologies 2018, Bengaluru (India), Series B	Manufacturer of uncrewed aerial systems for military and civilian applications	$73.2M	Hda Tech Growth, QRG Investments and Holdings ... & 99 others	77/100
2nd	Anduril 2017, Costa Mesa (United States), Series H	Provider of AI-driven defense and autonomous systems across air, land, sea, and space domains	$11.3B	Founders Fund, Andreessen Horowitz & 79 others	75/100
3rd	Skydio 2014, San Mateo (United States), Series F	Manufacturer of autonomous drones and related software, services, and accessories	$825M	Andreessen Horowitz, Linse Capital & 36 others	69/100
4th	Shield AI 2015, San Diego (United States), Series G	Developer of AI-powered platforms and software for defense applications	$3.52B	Disruptive, JPMorgan Chase & 41 others	68/100
5th	Daedalean 2016, Zurich (Switzerland), Acquired	Developer of airborne systems for flight autonomy	$69.8M	Honeywell, Carthona Capital & 10 others	67/100
6th	XTEND 2018, Florida (United States), Series B	Developer of AI-assisted tactical unmanned aerial systems for military use	$90M	Chartered High Tech, Aliya & 21 others	65/100
7th	Firestorm 2022, San Diego (United States), Series B	Developer of modular, mission-adaptable unmanned aerial systems and manufacturing solutions	$160M	Motley Fool Ventures, Washington Harbour Partners ... & 22 others	65/100
8th	Fortem Technologies 2016, Provo (United States), Series B	Developer of airspace security and defense solutions for drone threats	$94.1M	DCVC, Signia Venture Partners & 10 others	64/100
9th	Teal Drones 2014, Salt Lake City (United States), Acquired	Provider of military drones	$7M	Pelion Venture Partners, Decathlon Capital Partners ... & 13 others	63/100
10th	Red Cat 2016, San Juan (Puerto Rico), Acquired	Developer of unmanned aerial systems for defense and security operations	$380K	-	62/100