# Saildrone

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

- Industry: Information Services
- Headquarters: Alameda, US
- Website: www.saildrone.com
- Total disclosed funding: $249M
- Latest round: Series C (Sep 18, 2023)
- Investors on record: 19

## About

Based in California, US, and founded in 2014 by Richard Jenkins, Saildrone, Inc. is a provider of ocean data, ocean mapping, and maritime intelligence solutions using a fleet of sailing drones. The drones use wind-powered propulsion technology and solar-powered meteorological and oceanographic sensors to collect the data. In May 2025, Saildrone, Inc. raised USD 60 million in venture funding led by Export and Investment Fund of Denmark, with participation from Pinegrove Capital Partners, What If Ventures, Calm Ventures, BZH Capital, Lux Capital, Crowley Maritime Corporation, Academy Securities, Inc., Washington Harbour Partners, and other unspecified investors. Saildrone has raised a total of USD 177.7 million in funding and Richard Jenkins is its CEO. Saildrone provides cost-effective solutions for in situ data collection in the ocean and harshest conditions. The company’s uncrewed surface vehicles (USVs) combine solar-powered meteorological and oceanographic sensors and wind-powered propulsion technology to collect long-range data in ocean environments. Saildrone also provides Mission Portal, which is a secure application for real-time data access and visualization with external data integrations and manages a user’s fleet through a user-friendly secure web portal. The company also offers high-resolution ocean data for real-time intelligence and decision support for marine security. Saildrone offers various solutions, including maritime domain awareness, ocean mapping, ocean data and offshore wind. Maritime domain awareness provides maximum information and decision advantage in real-time with ML-enabled target detection. The Ocean Mapping solution of the company provides autonomous high-resolution mapping data to 7,000 m depth for navigation and charting, physical oceanography, characterization, exploration, telecommunications, and offshore energy. The company not only collects scientific data for high-resolution bathymetric mapping and climate intelligence rather it also uses machine learning to offer marine domain awareness for homeland security and law enforcement, including counter-narcotics operations, policing IUU fishing and marine sanctuary protection. The company will use the May 2025 funding to expand its technology into Europe and support maritime security for critical infrastructure and defense applications.

## Funding rounds

- Series C, Sep 18, 2023, $75M — Lux Capital, Academy Securities, Inc., Crowley Maritime Corporation, BZH Capital, What If Ventures, Washington Harbour Partners, Calm Ventures, Export and Investment Fund of Denmark, Pinegrove Venture Partners
- Series C, Oct 18, 2021, $100M — Capricorn Investment Group, Lux Capital, Social Capital, Standard Investment, Emerson Collective, Crowley Maritime Corporation, Tribe Capital, XN Ventures, Bond
- Series B, May 15, 2018, $60M — Capricorn Investment Group, EXOR, Lux Capital, Schmidt Family Foundation, Social Capital, Horizons Ventures
- Series A, Sep 5, 2016, $14M — Capricorn Investment Group, Lux Capital, Social Capital

## Investors

- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series A, Series B, Series C
- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Series A, Series B, Series C
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A, Series B, Series C
- EXOR — Series B
- Schmidt Family Foundation — Series B
- Horizons Ventures — Series B
- Standard Investment (https://capitalatlas.ai/funds/standard-investment) — Series C
- Emerson Collective — Series C
- Crowley Maritime Corporation — Series C
- Tribe Capital (https://capitalatlas.ai/funds/tribe-capital) — Series C
- XN Ventures (https://capitalatlas.ai/funds/xn-ventures) — Series C
- Bond (https://capitalatlas.ai/funds/bond) — Series C
- Academy Securities, Inc. — Series C
- BZH Capital — Series C
- What If Ventures (https://capitalatlas.ai/funds/what-if-ventures) — Series C
- Washington Harbour Partners (https://capitalatlas.ai/funds/washington-harbour-partners) — Series C
- Calm Ventures (https://capitalatlas.ai/funds/calm-ventures) — Series C
- Export and Investment Fund of Denmark (https://capitalatlas.ai/funds/export-and-investment-fund-of-denmark) — Series C
- Pinegrove Venture Partners (https://capitalatlas.ai/funds/pinegrove-venture-partners) — Series C