DroneBase

insurtechclaimssoftware/whitelabel/apis-insurtech

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 01/05/2020

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About

DroneBase is the largest drone operations company in the world and provides fast, affordable, and reliable data from the air so customers can make better, real-time decisions about their most critical assets. Access to aerial imagery and data will become an indispensable source of vital business information not previously available, and DroneBase is quickly becoming the leading way companies acquire it. With a network of tens of thousands of drone pilots globally, were able to service clients in every industry for their aerial data needs.Launched in 2014, DroneBase has one of the most seasoned teams in the Los Angeles tech ecosystem, and we are actively working to open the next frontier of information. We were incubated by Y Combinator and are backed by Union Square Ventures, Upfront Ventures, Hearst Ventures, Pritzker Group, Accel Partners, SV Angel, DJI (the world leader in building drones), and FLIR Systems (the world leader in thermal imaging hardware). We were named one of Built In LAs Top Startups to Watch and one of CrunchBases Top Drone Companies to Watch.

MEDICI Analysis

DroneBase enables in reducing the inspection cycle, settle claims faster, fetches detailed imagery for underwriting, and create a desk adjustment solution. The company also offers nationwide drone services for aerial imagery, video and data, it's analysis is delivered via collaborative software which accurately determines property conditions through high-quality imagery, clients will be able to analyze a property and make better decisions.

Focus

PRODUCTS & SERVICES

Marketplace for commercial drone services.

company provided insights

Traction

TRACTION COMMENT:

The company has completed over 100,000 commercial drone missions for enterprise clients across various industries such as real estate, insurance, telecommunications, construction, and media(Feb 2018).

People

FOUNDERS

Daniel Burton

Eli Tamanaha

BOARD MEMBERS AND ADVISORS

Greg Bettinelli

INVESTORS:

Accel Partners

DJI

Fred Wilson

Greg Bettinelli

Launchpad La

Rothenberg Ventures

SV Angel

Union Square Ventures

Upfront Ventures

Y Combinator

KEY EMPLOYEES:

Daniel Burton (CEO); Eli Tamanaha (CTO)

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

3

TOTAL FUNDING

$18.92 M

DATE OF LAST FUNDING

Feb 2018

TOTAL FUNDING COMMENT

The company is planning use the fund to expand its drone operations services for enterprises(Feb 2018).

SEED & PRIOR FUNDING

$120 K

SEED CLOSED ON

Dec 2014

SEED PRIOR FUNDING COMMENT

An undisclosed amount raised in April, 2015.

FUNDING SERIES

SERIES A  · $6.8 M  · Jun 2016

SERIES B  · $12 M  · Feb 2018

LISTED

NO

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