When was Simtoo founded?

Simtoo was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is Simtoo located?

Simtoo is headquartered in Shenzhen, China.

Is Simtoo a funded company?

Simtoo is a funded company, having raised a total of $13.7M across 3 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jan 24, 2015.

When was the latest funding round of Simtoo?

Simtoo's latest funding was a $***** Series B round on Oct 26, 2016, with participation from 2 investors. Its primary sector is Drones. In China, the Drones sector has seen $144M in funding in 2026 to date.

Where does Simtoo rank among its competitors?

Simtoo ranks 37th amongst 108 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was DJI, which secured $33K in Jan, 2024.

Who are the top competitors of Simtoo?

Simtoo's top competitors include DJI, Holy Stone and Drona Aviation. Among them, DJI secured the most recent funding round in January, 2024.

Simtoo - 2026 Company Profile, Team, Funding & Competitors

Simtoo is a deadpooled company based in Shenzhen (China), founded in 2011. It operates as a Develops a drone for consumer photography purposes. Simtoo has raised $13.7M in funding. The company has 108 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like DJI, Holy Stone and Drona Aviation.

Company Details

Shenzhen Simtoo Intelligent Technology Co. Ltd. is a drone company. It builds an auto-follow quadcopter drone called Dragonfly for consumer use. The drone is designed to fly at low altitudes and is meant for use in taking photographs and selfies. The drone can be folded (making it portable). The Dragonfly drone can be controlled by a smart watch.

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

Key Metrics

Founded Year

2011

Location

Shenzhen, China

Stage

Deadpooled

Total Funding

$13.7M in 3 rounds

Latest Funding Round

Series B, Oct 26, 2016, $*****

Investors

Renren & 2 more

Ranked

37^th among 108 active competitors

Similar Companies

DJI & 175 more

View Simtoo's full profile

Simtoo has raised a total funding of $13.7M over 3 rounds. Its first funding round was on Jan 24, 2015. Its latest funding round was a Series B round on Oct 26, 2016 for $*****. 2 investors participated in its latest round. Simtoo has 3 institutional investors.

Here is the list of recent funding rounds of Simtoo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 26, 2016	6544146	Series B	7477974	3847157	7708913	7106949
Aug 16, 2015	1372877	Series A	3403899	1911853	4548867	Renren
Jan 24, 2015	8036842	Angel	2983749	1517180	6739367	Zhicheng Capital

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Top competitors of Simtoo include DJI, Holy Stone and Drona Aviation. Here is the list of Top 10 competitors of Simtoo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DJI 2006, Shenzhen (China), Series B	Manufacturer of camera drones, handheld devices, and related lifestyle technology	$105M	Accel, HongShan & 24 others	81/100
2nd	Holy Stone 2014, United States, Unfunded	Develops drones for consumer hobby flying and racing purposes	-	-	50/100
3rd	Drona Aviation 2014, Mumbai (India), Seed	Company designing and manufacturing consumer nano drones	$214K	Qualzen, SINE & 11 others	49/100
4th	Zero Zero 2014, Beijing (China), Funding Raised	Provider of AI-based drones for consumer photography applications	-	-	48/100
5th	HOVERAir X1 2012, San Francisco (United States), Unfunded	Pocket-sized self-flying camera drone that redefines portability and simplicity for photography enthusiasts and professionals	-	-	47/100
6th	Hubsan 2010, Shenzhen (China), Unfunded	Small UAVs for the hobbyist and toy markets	-	-	45/100
7th	Zero Zero Robotics 2014, Austin (United States), Early Stage	Manufacturer of personal photography devices featuring autonomous flight and follow modes	$25M	Frees Fund	41/100
8th	Potensic 2006, Shenzhen (China), Unfunded	Provider of a GPS and camera-based consumer drone system	-	-	41/100
9th	Zero-X 2015, Keilor (Australia), Unfunded	Develops drones for consumer photography and racing use	-	-	40/100
10th	Protocol 1990, New York City (United States), Unfunded	Manufacturer of GPS and camera-based consumer drone systems	-	-	40/100
37th	Simtoo 2011, Shenzhen (China), Deadpooled	Develops a drone for consumer photography purposes	$13.7M	Renren, Zhicheng Capital & 1 others	29/100