# SkySafe

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

- Industry: Consumer Products
- Headquarters: San Diego, US
- Website: www.skysafe.io
- Total disclosed funding: $45M
- Latest round: Series B (Dec 17, 2021)
- Investors on record: 9

## About

SkySafe, Inc. specializes in advanced drone detection and forensics technologies, focusing on enhancing airspace security and mitigating risks from unauthorized drone activities.Founded in 2015 and headquartered in San Diego, US, SkySafe, Inc. develops solutions for drone detection. The company has completed 4 deals, with the latest being a Series B funding round of USD 30 mn on December 17, 2021. This round was led by Kingfisher Investment Advisors, with participation from Alumni Ventures Group, Andreessen Horowitz, and Gaingels. Paul Wicks is the founder, while Grant Jordan serves as CEO.SkySafe primarily offers advanced drone detection and forensics technologies designed to enhance airspace security and mitigate the risks posed by unauthorized drones. Their core product suite includes a cloud-based platform that enables users to identify, track, and analyze drone activity in real-time, allowing for immediate alerts and responses to potential security threats. Through continuous monitoring and historical analysis, SkySafe provides detailed evidence that can support investigations and help prosecute drone-related offenses. The company serves a diverse client base, including organizations in the insurance sector, educational institutions, and event organizers, with notable implementations at events like the Farmer’s Insurance Open and the University of Illinois. SkySafe's products are marketed primarily in the United States, catering to sectors that require stringent security measures against drone incursions.SkySafe generates revenue through a subscription-based model for its suite of drone detection services, fostering partnerships with commercial clients across various sectors. The transaction structure is designed to facilitate ongoing relationships with business clients, wherein organizations subscribe to access the cloud-based platform for drone detection and monitoring services. The pricing plans are structured to accommodate different levels of service and client needs, allowing clients to select the most suitable options for their specific operational requirements. Flagship offerings include their drone detection software, which empowers clients to take control of their airspace security. SkySafe’s revenue model emphasizes long-term contracts that enhance customer loyalty and ensure consistent service delivery to clients engaged in high-risk environments.In December 2021, SkySafe, Inc. raised USD 30 mn in Series B funding led by Kingfisher Investment Advisors, with participation from Gaingels Syndicate and Castor Ventures. The company plans to utilize the funding to accelerate growth through strategic hiring, research and development, and expand the production of its airspace security system for commercial adoption. Future strategies include the development of new products aimed at enhancing their existing suite and potential expansion into international markets, although specific regions and timelines have not been detailed.

## Funding rounds

- Series B, Dec 17, 2021, $30M — Andreessen Horowitz, Alumni Ventures Group, Kingfisher Investment Advisors, Gaingels
- Series A, Jul 20, 2017, $12M — Andreessen Horowitz, SV Angel, BoxGroup, Sound Ventures, Red Sea Ventures
- Seed, Apr 20, 2016, $3M — Andreessen Horowitz, SV Angel, Founder Collective, BoxGroup

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A, Series B
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed, Series A
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed, Series A
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A
- Red Sea Ventures (https://capitalatlas.ai/funds/red-sea-ventures) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B
- Kingfisher Investment Advisors (https://capitalatlas.ai/funds/kingfisher-investment-advisors) — Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B