When was Hoverfly Tech founded?

Hoverfly Tech was founded in 2010 and raised its 1st funding round 6 years after it was founded.

Where is Hoverfly Tech located?

Hoverfly Tech is headquartered in Orlando, United States.

How many employees does Hoverfly Tech have?

As of Jul 31, 2026, the latest employee count at Hoverfly Tech is 57.

Is Hoverfly Tech a funded company?

Hoverfly Tech is a funded company, having raised a total of $49.6M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 24, 2016.

When was the latest funding round of Hoverfly Tech?

Hoverfly Tech's latest funding was a $***** Series B round on Aug 15, 2025, with participation from 0 investor. Its primary sector is Drones. In United States, the Drones sector has seen $8.06B in funding in 2026 to date.

Where does Hoverfly Tech rank among its competitors?

Hoverfly Tech ranks 12th amongst 656 active competitors, of which 101 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Quantum Systems, which secured $1.2B in Jul, 2026.

Who are the top competitors of Hoverfly Tech?

Hoverfly Tech's top competitors include Quantum Systems, Raphe and Vantage Robotics. Among them, Quantum Systems secured the most recent funding round in July, 2026.

Hoverfly Tech - 2026 Company Profile, Funding & Competitors

Company Details

Designs and manufactures tethered unmanned aerial vehicles. Its drones are both tethered drones using tether systems, allowing them to be used for continuous surveillance or coverage of long-duration events. The company also builds flight control boards for drones and sells them on a stand-alone basis on its online store.

Website: hoverflytech.com
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Email ID: *****@hoverflytech.com

Key Metrics

Founded Year

2010

Location

Orlando, United States

Stage

Series B

Total Funding

$49.6M in 6 rounds

Latest Funding Round

Series B, Aug 15, 2025, $*****

Investors

Leonardo DRS & 3 more

Ranked

12^th among 656 active competitors

Employee Count

57 as on Jul 31, 2026

Similar Companies

Elistair & 19 more

View Hoverfly Tech's full profile

Hoverfly Tech has raised a total funding of $49.6M over 6 rounds. Its first funding round was on Oct 24, 2016. Hoverfly Tech has 4 institutional investors.

Here is the list of recent funding rounds of Hoverfly Tech:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 15, 2025	3643700	Series B	8790251	7792184	4779706	8131322
Apr 22, 2022	6906308	Series B	5348493	3124719	5796045	6204795
Aug 17, 2020	7302474	Series B	4470900	1736491	4292726	9351460

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View details of Hoverfly Tech's funding rounds and investors

Hoverfly Tech's employee count trend

Hoverfly Tech has 57 employees as of Jul 26. Here is Hoverfly Tech's employee count trend over the years:

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Top competitors of Hoverfly Tech include Quantum Systems, Raphe and Vantage Robotics. Here is the list of Top 10 competitors of Hoverfly Tech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Quantum Systems 2015, Gilching (Germany), Series D	AI-powered aerial intelligence and reconnaissance systems	$1.82B	Balderton Capital, 10x Group & 37 others	78/100
2nd	Raphe 2017, Noida (India), Series B	Manufacturer of carbon fiber composite products and unmanned aerial vehicles	$154M	Ascent Capital, Dovetail Capital & 59 others	68/100
3rd	Vantage Robotics 2013, San Francisco (United States), Series B	Creates unmanned aircraft systems	$8.94M	Hone Capital, Ruvento Ventures & 6 others	66/100
4th	Garuda Aerospace 2015, Chennai (India), Series B	Provider of unmanned aerial vehicles for agricultural and industrial applications	$49.5M	Venture Catalysts, Balancekey Advisors & 172 others	64/100
5th	Autonomous Control Systems Laboratory 2013, Chiba (Japan), Public	Conducts R&D on, and markets, drones and robotics-based technologies.	$25.1M	Rakuten Capital, Mirai Creation Fund & 5 others	61/100
6th	Aonic 2016, Subang Jaya (Malaysia), Series A	Drone provider for enterprises	$14.3M	Wavemaker Partners, Kairous Capital & 10 others	61/100
7th	Airobotics 2014, Scottsdale (United States), Acquired	Provider of automated drone infrastructure for aerial data and surveillance	$101M	Lanchi Venture Capital, OurCrowd & 12 others	60/100
8th	Draganfly 1998, Saskatoon (Canada), Public	Manufacturer of unmanned aerial vehicles, software, sensors, and related services	$5.34M	Globalive Capital, SS Investment Group	59/100
9th	XAG 2007, Tianhe (China), Series C	Manufacturer of agricultural drones, robots, autopilot consoles, and smart farm systems	$248M	Baidu Ventures, SoftBank Vision Fund & 6 others	58/100
10th	ZUPPA 2008, Chennai (India), Seed	Manufacturer of drones and drones and related technologies	$3.56M	Operational Energy Group, IndiaNivesh & 23 others	58/100
12th	Hoverfly Tech 2010, Orlando (United States), Series B	Designs and manufactures tethered unmanned aerial vehicles	$49.6M	Gaspar Global Ventures, PJM Advisors & 2 others	57/100