SPH Engineering - About the company
SPH Engineering is a funded company based in Riga (Latvia), founded in 2013 by Alexey Dobrovolskiy. It operates as a Provider of UAV software solutions. SPH Engineering has raised an undisclosed amount in funding. The company has 66 active competitors, including 13 funded and 5 that have exited. Its top competitors include companies like Parrot, DroneDeploy and Aloft.
Company Details
Provider of UAV software solutions. It also offers integration services, consulting, and custom development to expand drone applications.
- Website
- www.sphengineering.com/
- Social
- Phone Number
- +371 **********
- Registered Address
- Rīga, Dzirnavu iela 62 - 9
Key Metrics
Founded Year
2013
Location
Riga, Latvia
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
12th among 66 active competitors
Annual Revenue
€1M - €10M as on Dec 31, 2024
Employee Count
72 as on Jun 30, 2026
Legal entities associated with SPH Engineering
SPH Engineering is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPH Engineering CIN: 50103629321 , Latvia, Active | Jan 24, 2013 | €1M - €10M (As on Dec 31, 2024) | 32 (As on Dec 31, 2022) | - |
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SPH Engineering's funding and investors
SPH Engineering has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Feb 01, 2023 for $*****. 1 investor participated in its latest round. SPH Engineering has 1 institutional investor.
Here is the list of recent funding rounds of SPH Engineering:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 01, 2023 | 3055471 | Grant (prize money) | 3391887 | 7896526 | 4573431 | 4803387 |
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SPH Engineering's founders and board of directors
Founder? Claim ProfileThe founders of SPH Engineering is Alexey Dobrovolskiy.
Here are the details of SPH Engineering's key team members:
- Alexey Dobrovolskiy: Co-Founder of SPH Engineering.
View details of SPH Engineering's Founder profiles and Board Members
SPH Engineering's employee count trend
SPH Engineering has 72 employees as of Jun 26. Here is SPH Engineering's employee count trend over the years:
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SPH Engineering's Competitors and alternates
Top competitors of SPH Engineering include Parrot, DroneDeploy and Aloft. Here is the list of Top 10 competitors of SPH Engineering, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of unmanned aerial vehicles and related software and solutions | - | 76/100 | ||
2nd |  DroneDeploy 2013, San Francisco (United States), Series E | Provider of a cloud software platform for commercial drones | $142M | 69/100 | |
3rd |  Aloft 2015, Washington, DC (United States), Acquired | Provider of a drone fleet management solution | $9.5M | 63/100 | |
4th |  Cape 2014, Redwood City (United States), Series B | Cloud-based drone telepresence platform for secure remote drone operation | $61M | 56/100 | |
5th |  Swarmer 2023, Wilmington (United States), Public | AI-based control center for coordinated drone | $17.7M | 52/100 | |
6th | Developer of drone software, GeoAI platform, and solutions for drone services | $1.96M | 50/100 | ||
7th | Measure 2014, Washington, DC (United States), Acquired | Offers end-to-end drone software platform | $43.3M | 45/100 | |
8th | Provider of autonomous drone operations platform for industrial use | $2.5M | 45/100 | ||
9th |  Six Robotics Norway, Seed | Developer of intelligent software for unmanned aerial vehicle fleets | $13.7M | 44/100 | |
10th | Developer of laser-based wireless power and data transmission systems | $1.28M | 42/100 | ||
12th |  SPH Engineering 2013, Riga (Latvia), Funding Raised | Provider of UAV software solutions | - | 36/100 |
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SPH Engineering's Investments and acquisitions
SPH Engineering has made no investments or acquisitions yet.
Reports related to SPH Engineering
Here is the latest report on SPH Engineering's sector:
News related to SPH Engineering
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SPH Engineering Expands Access to Drone Art with Complimentary Lite Software LicenseBusinessnewsthisweek•May 30, 2025•SPH Engineering
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SPH Engineering and Phase One Partner for Improved Visual InspectionsUAS Vision•Oct 19, 2023•SPH Engineering, Phase One
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SPH Engineering and WG Drones Share Secrets to Building Successful Drone Show Businesses with Ready-to-Fly DronesBusinessnewsthisweek•Jun 13, 2023•SPH Engineering, WG Drones
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