# AirMap

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/airmap

- Industry: Aerospace
- Headquarters: Virginia Beach, US
- Website: www.airmap.com
- Total disclosed funding: $44M
- Latest round: Series B (Feb 13, 2017)
- Investors on record: 16

## About

AirMap, Inc. is a US-based company focused on developing unmanned aircraft system (UAS) traffic management solutions to enhance drone operations and compliance for various industries.Founded in 2014 and headquartered in Virginia Beach, US, AirMap, Inc. specializes in traffic management solutions for unmanned aircraft systems. In December 2021, the company was acquired by DroneUp, LLC, enhancing its capabilities in the drone industry. The company has completed 6 deals and has raised a total of USD 31.76 mn in funding, with the latest round in December 2021. The current CEO is David Hose.AirMap, Inc. develops technology-driven products that focus on enhancing efficiency and productivity for clients in various sectors. Their core offerings include a suite of software applications tailored for industries like healthcare and logistics, facilitating better data management and decision-making. Their flagship product is an analytics platform that derives actionable insights from complex data sets. The company serves mid-sized and large enterprises across North America and Europe, utilizing direct sales and regional distributor partnerships for product distribution.AirMap, Inc. generates revenue through subscription-based services, one-time licensing fees, and strategic partnerships. Clients typically subscribe annually to access ongoing updates and support, fostering long-term relationships. They also engage in B2B transactions, providing tailored solutions, such as healthcare providers purchasing subscriptions to the analytics platform, inclusive of technical support and training sessions. Their pricing structure accommodates various organizational needs, ensuring clients derive optimal utility from the service.Following its acquisition in December 2021, AirMap, Inc. aims to leverage DroneUp, LLC's extensive pilot network and ground infrastructure to enhance its UAS traffic management solutions. Future growth plans include the development of new products and expansion into new geographic markets, emphasizing regions that show promise for drone applications. The most recent funding will support these initiatives, particularly in optimizing the integration of AirMap's solutions within DroneUp's operations.

## Funding rounds

- Series B, Feb 13, 2017, $26M — General Catalyst Partners, Lux Capital, Rakuten Group, Qualcomm Ventures, M12, Airbus Ventures, Yuneec, Sony Innovation Fund
- Series A, Mar 2, 2016, $15M — General Catalyst Partners, Lux Capital, Bullpen Capital, Social Capital, TenOneTen Ventures, Pritzker Group
- Seed, Jun 30, 2015, $2.6M — Lux Capital, Bullpen Capital, Social Capital, TenOneTen Ventures, Legend Star, Haystack, Wonder Ventures, Comet Labs

## Investors

- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed, Series A, Series B
- Bullpen Capital (https://capitalatlas.ai/funds/bullpen-capital) — Seed, Series A
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed, Series A
- TenOneTen Ventures (https://capitalatlas.ai/funds/tenoneten-ventures) — Seed, Series A
- Legend Star (https://capitalatlas.ai/funds/legend-star) — Seed
- Haystack (https://capitalatlas.ai/funds/haystack) — Seed
- Wonder Ventures (https://capitalatlas.ai/funds/wonder-ventures) — Seed
- Comet Labs (https://capitalatlas.ai/funds/comet-labs) — Seed
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A, Series B
- Pritzker Group — Series A
- Rakuten Group — Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series B
- M12 (https://capitalatlas.ai/funds/m12) — Series B
- Airbus Ventures (https://capitalatlas.ai/funds/airbus-ventures) — Series B
- Yuneec — Series B
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series B