Hylio - About the company
Hylio is a funded company based in Austin (United States), founded in 2015 by Mike Oda. It operates as a Developing autonomous drone for P2P delivery purposes. , with a current valuation of $*****. The company has 386 active competitors, including 89 funded and 12 that have exited. Its top competitors include companies like Flytrex, Zipline and Pyka.
Company Details
Hylio has developed a multi-functional autonomous delivery drone, Pegasus. It is equipped with a lightweight airframe and six brushless motors to deliver heavy payloads, long flight times, and intelligent navigation. It is designed to be used as a peer-to-peer drone-based delivery system.
- Website
- www.hyl.io/
- Social
- Registered Address
- 1020 Agnes Road, Richmond, TX
Key Metrics
Founded Year
2015
Location
Austin, United States
Stage
Funding Raised
Post Money Valuation
$***** as on Dec 10, 2025
Investors
Ranked
28th among 386 active competitors
Annual Revenue
$1M - $10M as on Dec 31, 2023
Employee Count
19 as on Dec 10, 2025
Legal entities associated with Hylio
Hylio is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Hylio, Inc. CIN: 0001859835 , United States, Active | Jan 08, 2015 | $1M - $10M (As on Dec 31, 2023) | 19 (As on Dec 10, 2025) | - |
Hylio, Inc. CIN: 472779581 , United States, Active | Oct 20, 2015 | - | - | - |
HYLIO INC. CIN: 32056075347 , United States, Active | Jan 08, 2015 | $1M - $10M (As on Dec 31, 2022) | - | - |
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Hylio's funding and investors
Hylio is a funded company. Hylio has 2 institutional investors.
View details of Hylio's funding rounds and investors
Hylio's founders and board of directors
Founder? Claim ProfileThe founders of Hylio is Mike Oda.
Here are the details of Hylio's key team members:
- Mike Oda: Co-Founder of Hylio.
- Arthur Erickson: CEO of Hylio.
View details of Hylio's Founder profiles and Board Members
Hylio's employee count trend
Hylio has 19 employees as of Dec 25. Here is Hylio's employee count trend over the years:
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Hylio's Competitors and alternates
Top competitors of Hylio include Flytrex, Zipline and Pyka. Here is the list of Top 10 competitors of Hylio, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of cloud-based on-demand drone-based e-commerce delivery services | $60M | 68/100 | ||
2nd | Zipline 2011, San Francisco (United States), Series H | Operator of drone delivery and logistics | $1.63B | 66/100 | |
3rd |  Pyka 2016, Palo Alto (United States), Series B | Autonomous electric aircraft for agriculture, cargo, and defense applications | $88.1M | 64/100 | |
4th | Garuda Aerospace 2015, Chennai (India), Series B | Provider of unmanned aerial vehicles for agricultural and industrial applications | $49.5M | 64/100 | |
5th | Workhorse Group 2007, Cincinnati (United States), Public | Manufacturer of electric vehicles and related components for transportation solutions | $35.8M | 64/100 | |
6th | Matternet 2011, Mountain View (United States), Series A | Provider of autonomous drone networks | $34.1M | 62/100 | |
7th |  Wing 1997, Palo Alto (United States), Acquired | Operator of on-demand drone delivery service for food, groceries, and goods | - | 61/100 | |
8th | Marut Drones 2019, Hyderabad (India), Series A | Manufacturer of drones for agriculture, training, afforestation, and mosquito eradication | $6.35M | 61/100 | |
9th |  Guardian 2017, Woburn (United States), Series A | Provider of drone-based crop protection solutions | $36.5M | 59/100 | |
10th |  DroneAcharya 2017, Pune (India), Public | Provider of drone-based solutions, training, and services for various industries | $4.76M | 59/100 | |
28th | Hylio 2015, Austin (United States), Funding Raised | Developing autonomous drone for P2P delivery purposes | - | 47/100 |
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Hylio's Investments and acquisitions
Hylio has made no investments or acquisitions yet.
Reports related to Hylio
Here is the latest report on Hylio's sector:
News related to Hylio
Media has covered Hylio for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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KULR and Hylio Collaborate on Battery Systems for Agricultural DronesGlobeNewswire•Feb 18, 2026•Hylio, Kulr, KULR Technology
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Hylio Unleashes ATLAS: the Heart of Texas Becomes the Next Giant in AgricultureCerebral•Dec 09, 2025•Hylio
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