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Firestorm - About the company

Firestorm is a series A company based in San Diego (United States), founded in 2022 by Ian Muceus, Chad M, Dan Magy and Chad Mccoy. It operates as a Developer of modular, mission-adaptable unmanned aerial systems and manufacturing solutions. Firestorm has raised $112M in funding from investors like New Enterprise Associates, Beyond Capital Fund and Lockheed Martin. The company has 261 active competitors, including 46 funded and 27 that have exited. Its top competitors include companies like Anduril, Skydio and Shield AI.

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 A
Total Funding
$112M in 8 rounds
Latest Funding Round
Ranked
Employee Count
47 as on Dec 31, 2024
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Firestorm's funding and investors

Firestorm has raised a total funding of $112M over 8 rounds. Its first funding round was on Mar 15, 2023. Firestorm has 20 institutional investors.

Here is the list of recent funding rounds of Firestorm:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 20, 2026
4139625
Series A
9813508
7948988
8254302
2797399
Jul 16, 2025
6433682
Venture Debt
2676220
7028572
7313686
Jul 16, 2025
8715445
Series A
5997212
7220889
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Firestorm's founders and board of directors

Founder? Claim Profile
The founders of Firestorm are Ian Muceus, Chad M, Dan Magy and Chad Mccoy.
Here are the details of Firestorm's key team members:

Firestorm's employee count trend

Firestorm has 47 employees as of Dec 24. Here is Firestorm's employee count trend over the years:
Employee count trend for Firestorm
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Firestorm's Competitors and alternates

Top competitors of Firestorm include Anduril, Skydio and Shield AI. 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
Logo for Anduril
Anduril
2017, Costa Mesa (United States), Series G
Developer of autonomous systems for force protection and air applications
$6.26B
74/100
2nd
Logo for Skydio
Skydio
2014, San Mateo (United States), Series E
Manufacturer of autonomous drones and related software, services, and accessories
$715M
73/100
3rd
Logo for Shield AI
Shield AI
2015, San Diego (United States), Series F
AI-powered autonomous systems for military applications
$1.17B
69/100
4th
Logo for Fortem Technologies
Fortem Technologies
2016, Provo (United States), Series B
Developer of airspace security and defense solutions for drone threats
$69.1M
65/100
5th
Logo for Newspace Research and Technologies
Newspace Research and Technologies
2018, Bengaluru (India), Series B
Developer of unmanned aerospace systems for military and civilian applications
$73.2M
65/100
6th
Logo for XTEND
XTEND
2018, Florida (United States), Series B
Developer of AI-assisted tactical unmanned aerial systems for military use
$90M
64/100
7th
Logo for Firestorm
Firestorm
2022, San Diego (United States), Series A
Developer of modular, mission-adaptable unmanned aerial systems and manufacturing solutions
$112M
64/100
8th
Logo for AeroVironment
AeroVironment
1971, Simi Valley (United States), Public
Provider of unmanned aerial systems for the military
-
63/100
9th
Logo for Threod Systems
Threod Systems
2012, Viimsi (Estonia), Funding Raised
Develops drones for military and commercial applications and provides associated training and consulting services
-
60/100
10th
Logo for Red Cat
Red Cat
2016, San Juan (Puerto Rico), Acquired
Developer of unmanned aerial and surface vehicle systems for defense
$380K
-
60/100
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Firestorm's Investments and acquisitions

Firestorm has made no investments or acquisitions yet.

Reports related to Firestorm

Here is the latest report on Firestorm's sector:

News related to Firestorm

lockFilter this list
Media has covered Firestorm for a total of 10 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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FAQs about Firestorm

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