# Avision

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: http://www.avisionrobotics.com
- Total disclosed funding: $0.1M
- Latest round: Seed (May 8, 2017)
- Investors on record: 1

## About

Avision Inc. specializes in airspace management solutions tailored for drone operations, offering innovative software applications for monitoring and managing drone fleets effectively.Founded in 2014 in Mountain View, US, Avision Inc. focuses on creating sophisticated airspace management technologies. The company’s leadership includes CEO Jongsun Lee, who co-founded Avision with Stas Mozolyuk. In May 2017, Avision raised USD 0.15 million in Seed funding led by 500 Global, marking its first investment round.Avision’s primary offerings focus on airspace management solutions specifically designed for drone operations across various sectors. The company provides an integrated web and mobile application that facilitates the management of drone fleets, incorporating features such as real-time monitoring, live video streaming, and flight planning tools. Avision’s UTM (Unmanned Traffic Management) services are compliant with EU regulation 2021/664 and ISO 27001, making them suitable for both commercial and government stakeholders. End users include commercial enterprises operating cargo drones, public safety agencies like police and fire departments, and transportation sectors utilizing air taxis. Avision's solutions are deployed in North America and Europe, addressing the increasing demand for advanced air mobility and enhanced operational safety in urban environments.Avision generates revenue primarily through subscription-based models for its software applications and UTM services. Clients, including government agencies and commercial enterprises, typically engage with the firm on an annual subscription basis, granting them access to the suite of tools for fleet management and airspace navigation. Partnerships with public safety organizations and airport authorities may also contribute to revenue streams as they utilize Avision’s technology for real-time data and operational support. Specific pricing structures for the various products and services are set to align with the scale of operations and the complexity of requirements, enabling Avision to cater to a diverse range of clientele including large logistics companies and emergency response teams. The flagship Avision App and UTM services serve as key elements of the company's revenue generation strategy.Avision’s future growth strategy includes enhancing its product offerings and expanding into new markets. The company is working on innovative features for its applications, although specific upcoming product release dates have not been disclosed. Avision aims to penetrate further into European markets and broaden its reach within North America by 2023. The recent Seed funding of USD 0.15 million raised in May 2017 will facilitate these expansions and product enhancements, enabling the company to better serve its growing client base.

## Funding rounds

- Seed, May 8, 2017, $0.1M — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed