# Altitude Angel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/altitude-angel

- Industry: Software
- Headquarters: Reading, UK
- Website: www.altitudeangel.com
- Total disclosed funding: $12M
- Latest round: Series A (Dec 26, 2020)
- Investors on record: 4

## About

Altitude Angel Limited, based in the UK, provides innovative drone and UAV services through its Unified Traffic Management platform, enhancing airspace management for various stakeholders including drone operators and airport authorities.Altitude Angel Limited specializes in airspace management solutions for drones and UAVs. Founded in 2015 in Reading, UK by Richard Parker, the company has raised GBP 5 million in its latest funding round, Series B, from BT Group plc. It has engaged in 6 deals as of January 3, 2023, indicating a strategic focus on expanding its technological capabilities.Altitude Angel specializes in comprehensive drone and unmanned aerial vehicle (UAV) services through its innovative Unified Traffic Management (UTM) platform. The company’s core offerings include the GuardianUTM Operating System and GuardianUTM Cloud, which facilitate airspace management for air navigation service providers (ANSPs), airport authorities, landowners, and drone operators. These solutions enhance safety and compliance by streamlining the approval process for drone operations. Additionally, Altitude Angel provides advanced tools like Arrow, a Detect-and-Avoid solution that supports Beyond Visual Line of Sight (BVLOS) operations. The company serves a global client base across 155 countries, delivering critical services and data to commercial and recreational drone users, software developers, and regulatory bodies seeking to integrate drone technology into their operations.Altitude Angel generates revenue through a subscription-based model and partnerships within the aviation and drone ecosystem. Clients, including airports, ANSPs, and commercial drone operators, engage with the company’s flagship products—GuardianUTM and Arrow—by purchasing access to its advanced airspace management tools and API services, allowing continual access to accurate navigation data and operational support for their drone activities. The pricing is tailored to each client's specific needs, reflecting the nature of their operations. The EBITDA amount for the most recent year, 2021, is GBP 0.In January 2023, Altitude Angel Limited raised GBP 5 million in Series B funding from BT Group plc, which will be utilized to accelerate its technology. The company is focused on designing and launching new products aimed at enhancing its UTM services. Furthermore, Altitude Angel plans to expand its operations into new geographic regions, targeting markets that have shown increasing demand for drone technology integration, although specific regions and timelines have not been detailed.

## Funding rounds

- Series A, Dec 26, 2020, $5.4M — Seraphim Space Manager, Octopus Investments
- Series A, Apr 2, 2019, $2.2M — Seraphim Space Manager, Accelerated Digital Ventures, Frequentis AG
- Series A, Jan 30, 2018, $4.8M — Seraphim Space Manager, Accelerated Digital Ventures, Frequentis AG

## Investors

- Seraphim Space Manager (https://capitalatlas.ai/funds/seraphim-space-manager) — Series A
- Accelerated Digital Ventures (https://capitalatlas.ai/funds/accelerated-digital-ventures) — Series A
- Frequentis AG — Series A
- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Series A