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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
Social
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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
Ranked
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by AirMap (Sep 23, 2019)

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
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Paladin Drones
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
Logo for SkyGrid
SkyGrid
2005, Sunnyvale (United States), Acquired
Provider of airspace management system for unmanned aircraft
$11.6M
58/100
3rd
Logo for Airspace Link
Airspace Link
2018, Detroit (United States), Series B
Provider of cloud-based drone delivery solutions
$38.5M
57/100
4th
Logo for AirHub
AirHub
2016, Rotterdam (Netherlands), Series A
Provider of a drone flight planning platform for enterprises
$6.15M
57/100
5th
Logo for SkyWatch
SkyWatch
2016, Palo Alto (United States), Seed
Drone and aviation insurance solutions for operators, owners, and renters
$2M
52/100
6th
Logo for AirMap
AirMap
2014, Santa Monica (United States), Acquired
Provider of planning software for drone collision avoidance and airspace information
$75.4M
51/100
7th
Logo for Blue Innovation
Blue Innovation
2012, Chiyoda City (Japan), Public
Develops apps for flight planning and administration of drones
-
49/100
8th
Logo for AutoPylot
AutoPylot
2021, South Burlington (United States), Seed
Provider of pre-flight planning software for drone pilots
$1.68M
47/100
9th
Logo for Pierce Aerospace
Pierce Aerospace
2016, Indianapolis (United States), Funding Raised
Remote ID solutions for UAS and low-altitude airspace monitoring
-
41/100
10th
Logo for Hangar Technology
Hangar Technology
2016, Austin (United States), Acquired
Develops drone flight and data management software
$6.3M
39/100
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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

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•
Hangar Names Matt Hunter as Chief Product OfficerBusiness Wire•Apr 03, 2019•Hangar Technology
•
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Hangar Joins Esri Startup Program to Add ‘Task & Receive’ Aerial…bestproductsreview.in•May 26, 2018•Hangar Technology, Esri, arcgis.com
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