# Propeller Aero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/propeller-aero

- Industry: Software
- Headquarters: Sydney, Australia
- Website: www.propelleraero.com
- Total disclosed funding: $31M
- Latest round: Series B (Jul 21, 2020)
- Investors on record: 5

## About

Founded in 2014 and based in Sydney, Australia, Propeller Aerobotics Pty Ltd, trading under the name Propeller Aero, is a software platform that allows users to analyze, process, and share drone surveys and aerial data.

In April 2023, Propeller Aero raised AUD 22.8 million in venture funding co-led by returning investors Blackbird and Costanoa Ventures, with participation from new investors Saniel Ventures and Aware Super. Individual investors also participated in the round.

The company will use the funding in 2023 to recruit more talent and develop its products, particularly the DirtMate worksite collaboration platform.

## Funding rounds

- Series B, Jul 21, 2020, $18M — Costanoa Ventures, Blackbird
- Series A, Jun 12, 2018, $10M — Accel, Hong Shan, Costanoa Ventures, Blackbird
- Seed, Sep 27, 2016, $3.1M — Accel, Costanoa Ventures, Blackbird
- Seed, Feb 26, 2015, $0.1M — StartMate

## Investors

- StartMate (https://capitalatlas.ai/funds/startmate) — Seed
- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Costanoa Ventures (https://capitalatlas.ai/funds/costanoa-ventures) — Seed, Series A, Series B
- Blackbird (https://capitalatlas.ai/funds/blackbird) — Seed, Series A, Series B
- Hong Shan — Series A