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Skycart - About the company

Skycart is a seed company based in Newark (United States), founded in 2013 by Simon Yuen and Lukas Wrede. It operates as a P2P drone-based delivery system. Skycart has raised $265K in funding. The company has 44 active competitors, including 21 funded and 4 that have exited. Its top competitors include companies like Flytrex, Zipline and Elroy Air.

Company Details

P2P drone-based delivery system. It offers last-mile logistics solutions through transportation systems. It also provides hardware and cloud-based software solutions.
Social
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Registered Address
793 S. Tracy Blvd., #209, Tracy, CA
Key Metrics
Founded Year
2013
Location
Newark, United States
Stage
Seed
Total Funding
$265K in 2 rounds
Latest Funding Round
Ranked
Employee Count
7 as on Apr 30, 2026
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Skycart's funding and investors

Skycart has raised a total funding of $265K over 2 rounds. Its first funding round was on 2017.

Here is the list of recent funding rounds of Skycart:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 2022
1423183
Seed
3693083
9513613
9400117
7120117
2017
8543
Seed
2217
6938
2946
8089
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Skycart's founders and board of directors

Founder? Claim Profile
The founders of Skycart are Simon Yuen and Lukas Wrede. Simon Yuen is the CEO of Skycart.
Here are the details of Skycart's key team members:

Skycart's employee count trend

Skycart has 7 employees as of Apr 26. Here is Skycart's employee count trend over the years:
Employee count trend for Skycart
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Skycart's Competitors and alternates

Top competitors of Skycart include Flytrex, Zipline and Elroy Air. Here is the list of Top 10 competitors of Skycart, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Flytrex
Flytrex
2013, Tel Aviv (Israel), Series C
Provider of cloud-based on-demand drone-based e-commerce delivery services
$60M
68/100
2nd
Logo for Zipline
Zipline
2011, San Francisco (United States), Series H
Operator of drone delivery and logistics
$1.63B
65/100
3rd
Logo for Elroy Air
Elroy Air
2016, San Francisco (United States), Series B
Autonomous aircraft systems for cargo delivery purposes
$116M
64/100
4th
Logo for Workhorse Group
Workhorse Group
2007, Cincinnati (United States), Public
Manufacturer of electric vehicles and related components for transportation solutions
$35.8M
64/100
5th
Logo for Wing
Wing
1997, Palo Alto (United States), Acquired
Operator of on-demand drone delivery service for food, groceries, and goods
-
61/100
6th
Logo for Matternet
Matternet
2011, Mountain View (United States), Series A
Provider of autonomous drone networks
$34.1M
61/100
7th
Logo for Airspace Link
Airspace Link
2018, Detroit (United States), Series B
Provider of cloud-based drone delivery solutions
$38.5M
57/100
8th
Logo for DroneUp
DroneUp
2016, Virginia Beach (United States), Series A
Provider of airspace management and unmanned aircraft system operation solutions
$8.95M
55/100
9th
Logo for Volansi
Volansi
2015, Concord (United States), Acquired
Logistics delivery solutions with VTOL drone delivery
$75M
55/100
10th
Logo for MightyFly
MightyFly
2019, San Francisco (United States), Series A
Offers autonomous drone vehicles providing end to end logistics services
$15.1M
54/100
38th
Logo for Skycart
Skycart
2013, Newark (United States), Seed
P2P drone-based delivery system
$265K
-
24/100
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Skycart's Investments and acquisitions

Skycart has made no investments or acquisitions yet.

Reports related to Skycart

Here is the latest report on Skycart's sector:

News related to Skycart

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FAQs about Skycart

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