Flyability
Latest round
- Series C
Last raised
- Sep 2022
Total raised
- $39M
Investors
- 11
About Flyability
Founded in 2014 in Switzerland, Flyability SA focuses on creating innovative drone technology for confined space inspections. The company was founded by Adrien Briod, who has a background in technology and entrepreneurship.Flyability specializes in the development of drones designed specifically for confined space inspections, with their flagship product being the Elios 3. This drone enhances safety and efficiency during inspections in environments such as oil and gas facilities, maritime applications, and nuclear infrastructure. The Elios 3 features collision-tolerant technology, allowing it to operate effectively in dark and complex spaces. Flyability's drones are used across various industries, resulting in significant reductions in inspection downtime and costs, with clients reporting savings up to 90%.Flyability generates revenue primarily through the sale of its drones and associated accessories, software, and training services, focusing on B2B transactions. Clients typically purchase the Elios 3 along with various payload options tailored for specific inspection needs. The company engages in direct sales and partnerships with distributors, ensuring broad availability of its products. While specific pricing models for the Elios 3 and its accessories are not disclosed, customers are generally expected to see a return on investment within the first year of utilizing the drone technology.Flyability plans to enhance its product line with the development of new drone models designed for even more specialized inspection tasks. The company is also targeting expansion into new geographic markets, particularly in Asia and North America, by 2025.
Who invested in Flyability
11 investors across 5 rounds
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Questions about Flyability
Who invested in Flyability?
Flyability has 11 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Flyability raised?
Flyability has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Flyability last raise money?
Flyability's most recent round on record is a Series C, in Sep 2022.
What does Flyability do?
Founded in 2014 in Switzerland, Flyability SA focuses on creating innovative drone technology for confined space inspections.
Where is Flyability headquartered?
Flyability is headquartered in Switzerland.
Which VCs invest in companies like Flyability?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back electronics companies at Flyability's stage. Their profiles are linked below.
VCs backing electronics startups at Series C
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