# Cyberhawk Innovations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cyberhawk-innovations

- Industry: Software
- Headquarters: Littleton, US
- Website: www.thecyberhawk.com/
- Total disclosed funding: $2.6M
- Latest round: Series A (Apr 29, 2014)
- Investors on record: 2

## About

Cyberhawk Innovations Limited, based in the US, specializes in drone inspection and asset management solutions, providing advanced technology for critical infrastructure management across various sectors.Founded in 2008, Cyberhawk Innovations Limited offers innovative drone solutions focused on asset management and inspections. The company has raised GBP 0.50 mn across various funding rounds, with the latest being a VENTURE DEBT round of GBP 2.00 mn led by Clydesdale Bank and Yorkshire Bank. Cyberhawk has participated in 5 deals, with its most recent deal occurring on March 28, 2019. The company is led by CEO Chris Fleming.Cyberhawk specializes in drone inspection and asset management solutions, primarily through its flagship product, iHawk, an intuitive, cloud-based software designed to streamline the organization and analysis of visual data. The company integrates engineering expertise with advanced drone operations to provide comprehensive services that include visual inspection, emissions monitoring, and geospatial surveys. These services address critical infrastructure management needs across various sectors such as oil and gas, utilities, power generation, and construction. Cyberhawk operates in over 40 countries, serving a diverse client base that includes major utilities and engineering firms, enabling them to make informed maintenance and operational decisions based on accurate asset condition data. By leveraging drone technology, Cyberhawk aims to enhance safety, efficiency, and decision-making speed for its clients.Cyberhawk's revenue for the most recent year, 2024, amounts to GBP 6,245,749.80, with an EBITDA of GBP 472,389.60. The company's revenue model is based on a combination of service contracts and software subscriptions, allowing clients to access its innovative iHawk platform for data management and analytics. The company's transactions typically involve long-term partnerships with organizations in need of drone inspection services, where clients engage Cyberhawk for comprehensive asset management solutions tailored to their specific requirements. Pricing structures are determined by project scope and scale, with fees associated with individual inspections, data processing, and ongoing software access.Cyberhawk Innovations Limited aims to leverage its recent funding to enhance its service offerings and expand into new markets. The company plans to develop upcoming products that will further integrate drone technology with asset management solutions. Expansion efforts are focused on entering new geographic regions, with particular interest in increasing its presence in Europe and Asia by 2025. The recent funding round will support these initiatives, allowing Cyberhawk to invest in research and development as well as marketing efforts to reach a broader client base.

## Funding rounds

- Series A, Apr 29, 2014, $0.8M — Scottish Equity Partners
- Series A, Jun 20, 2013, $1.8M — Scottish Equity Partners, Scottish Enterprise
- Seed, Jan 1, 2012 — Scottish Equity Partners

## Investors

- Scottish Equity Partners (https://capitalatlas.ai/funds/scottish-equity-partners) — Seed, Series A
- Scottish Enterprise (https://capitalatlas.ai/funds/scottish-enterprise) — Series A
