Hangar Technology - About the company
Hangar Technology is an acquired company based in Austin (United States), founded in 2016. It operates as a Develops drone flight and data management software. Hangar Technology has raised $6.3M in funding. The company has 74 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like Paladin Drones, SkyGrid and Airspace Link.
Company Details
Develops drone flight and data management software. The company creates a software solution that enables enterprises to process and manage drone-acquired data. It has competency in computer vision and intends to develop a flight control module that is capable of imparting complete autonomy to drones.
- Website
- hangar.com
- Email ID
- *****@hangar.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2016
Location
Austin, United States
Stage
Acquired
Total Funding
$6.3M in 1 round
Latest Funding Round
Investors
Ranked
10th among 74 active competitors
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by AirMap (Sep 23, 2019)
Legal entities associated with Hangar Technology
Hangar Technology is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
HANGAR AEROSPACE LLC CIN: 7002779 , United States, Active | Aug 14, 2023 | - | - | - |
Hangar Technology's acquisition details
Hangar Technology got acquired by AirMap on Sep 23, 2019.
Click here to take a look at Hangar Technology's acquisition in detail
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Hangar Technology's funding and investors
Hangar Technology has raised a total funding of $6.3M over 1 round. Its latest funding round was a Seed round on Oct 19, 2016 for $*****. 1 investor participated in its latest round. Hangar Technology has 4 institutional investors.
Here is the list of recent funding rounds of Hangar Technology:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 19, 2016 | 7267839 | Seed | 3960206 | 5975217 | 8082070 | 6270378 |
View details of Hangar Technology's funding rounds and investors
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Hangar Technology's Competitors and alternates
Top competitors of Hangar Technology include Paladin Drones, SkyGrid and Airspace Link. Here is the list of Top 10 competitors of Hangar Technology, 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 | 60/100 | |
2nd | SkyGrid 2005, Sunnyvale (United States), Acquired | Provider of airspace management system for unmanned aircraft | $11.6M | 58/100 | |
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 | 57/100 | |
5th | SkyWatch 2016, Palo Alto (United States), Seed | Drone and aviation insurance solutions for operators, owners, and renters | $2M | 52/100 | |
6th | AirMap 2014, Santa Monica (United States), Acquired | Provider of planning software for drone collision avoidance and airspace information | $75.4M | 51/100 | |
7th | Blue Innovation 2012, Chiyoda City (Japan), Public | Develops apps for flight planning and administration of drones | - | 49/100 | |
8th | AutoPylot 2021, South Burlington (United States), Seed | Provider of pre-flight planning software for drone pilots | $1.68M | 47/100 | |
9th | Pierce Aerospace 2016, Indianapolis (United States), Funding Raised | Remote ID solutions for UAS and low-altitude airspace monitoring | - | 41/100 | |
10th | Hangar Technology 2016, Austin (United States), Acquired | Develops drone flight and data management software | $6.3M | 39/100 |
Looking for more details on Hangar Technology's competitors? Click here to see the top ones
Hangar Technology's Investments and acquisitions
Hangar Technology has acquired Autoflight Logic. Hangar Technology has not made any investments as of now.Reports related to Hangar Technology
Here is the latest report on Hangar Technology's sector:
News related to Hangar Technology
•
DroneBase Names Hangar Technology as Strategic Partner to Provide End-to-End Drone Services for AEC IndustriesBusiness Wire•Sep 23, 2019•Hangar Technology, Zeitview
•
AirMap Acquires Hangar Technology, Expanding its Capabilities and Technology Offerings to Serve Developers and EnterprisesPR Newswire•Sep 23, 2019•Hangar Technology, AirMap
•
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•
Hangar Announces Integration with Procore to Make Aerial Imagery ActionablePRWeb•Nov 08, 2018•Hangar Technology, Procore
•
Hangar and DroneBase Partner to Capture Drone Insights Through the World's Largest Pilot NetworkPRWeb•Sep 19, 2018•Hangar Technology, Zeitview
•
Hangar Gives Esri UC Attendees Free Trial to OnDemand for Enterprise and Visual InsightsPRWeb•Jul 10, 2018•Hangar Technology, Esri
•
Hangar Joins Esri Startup Program to Add ‘Task & Receive’ Aerial…bestproductsreview.in•May 26, 2018•Hangar Technology, Esri, arcgis.com
•
Humatics & Hangar Partner to Deliver Precision Autonomous Drone NavigationBusiness Wire•May 24, 2018•Humatics, Hangar Technology
•
Hangar & ClimaCell partnership adds Micro-Weather intelligence to autonomous robotics infrastructureInsight as a Service•May 15, 2018•Hangar Technology, ClimaCell
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