# Airstoc

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

- Industry: Internet
- Headquarters: Sheffield, UK
- Website: www.airstoc.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Jul 23, 2015)
- Investors on record: 1

## About

Airstoc is a platform that connects clients with over 10,000 drone pilots globally, facilitating aerial video and photography services for diverse applications such as film, real estate, and agriculture.Founded in 2013, Airstoc operates from Sheffield, UK, and specializes in providing a platform for drone aerial services. The company received GBP 490,000 in Seed funding from Point Nine Capital in July 2016, valuing it at GBP 2.19 million post-money. Airstoc has completed one deal to date, with the most recent funding round occurring on 23rd July 2015. The founder, Andre Ferreira, has a background that includes entrepreneurial experiences in the tech industry.Airstoc specializes in providing a comprehensive platform for drone aerial videos and photography, connecting clients with a global network of over 10,000 drone pilots across 120 countries. The core product offerings include hiring professional drone pilots for various applications such as film and television, events, real estate, agriculture, and more. Airstoc's platform facilitates seamless engagement between clients, who range from individuals and small businesses to large enterprises, and drone operators, thereby enhancing the end-user experience. The service incorporates the innovative use of cryptocurrencies, allowing for efficient and borderless payment transactions, which appeal to modern businesses seeking to leverage decentralized financial solutions. The geographical markets served by Airstoc include various international locations, enabling clients to hire drone services in specific areas tailored to their project needs.Airstoc generates revenue through a structured transaction model where clients pay for drone pilot services directly via the platform, utilizing cryptocurrency for fast and cost-effective payments. The company offers diverse pricing plans based on the specific services requested, which may include drone aerial footage, photography, and specialized drone operations for industries such as oil and gas, agriculture, and sports. The revenue model encompasses both B2B and direct-to-consumer transactions, allowing a wide range of clients to access aerial imaging services tailored to their unique project requirements. By facilitating these transactions, Airstoc effectively positions itself as a key intermediary in the drone service market, enhancing operational efficiencies for both clients and drone operators without disclosing specific pricing details for their offerings.Airstoc plans to leverage the GBP 490,000 raised in the Seed funding round to enhance its platform and expand its service offerings. The company aims to innovate and launch new products that cater to specific market needs while also targeting expansion into additional geographic regions beyond its current markets. These initiatives are set to unfold in the coming years as Airstoc seeks to solidify its presence in the drone service industry and enhance its value proposition for clients.

## Funding rounds

- Seed, Jul 23, 2015, $0.8M — Point Nine

## Investors

- Point Nine (https://capitalatlas.ai/funds/point-nine) — Seed
