Wingtra

HardwareSeries BZurich, Switzerlandwingtra.com

Latest round

Series B

Last raised

Mar 2023

Total raised

$32M

Investors

9

About Wingtra

Wingtra AG, founded in 2014 in Zurich, Switzerland, specializes in advanced drone solutions for surveying applications. The company was co-founded by Basil Weibel, Elias Kleimann, Maximilian Boosfeld, and Sebastian Verling. Maximilian Boosfeld currently serves as CEO.Wingtra AG specializes in providing advanced drone surveying solutions primarily through its flagship product, the WingtraOne GEN II. This high-performance surveying drone is designed for efficient aerial data capture across extensive areas, capable of surveying up to 460 hectares (1140 acres) in a single flight.1 ft) accuracy under optimal conditions. The core functionality revolves around collecting precise geospatial data, which is processed to generate deliverables such as orthomosaics, point clouds, and contour lines. The primary target customers include surveyors, GIS professionals, and construction and environmental firms operating in markets across North America, Europe, and parts of Asia.Wingtra AG generates revenue through direct sales of its products and subscription services for its software solutions. The primary transaction structure involves B2B interactions, where survey firms and related businesses purchase the WingtraOne drone along with optional components such as the WingtraGROUND field surveying kit and Wingtra PRO subscription. These offerings are priced to reflect their advanced technology and capabilities but are packaged to provide value through efficiency gains and cost savings. The subscription service allows clients to access enhanced features for data processing and management, thereby establishing a recurring revenue stream. The company plans to enhance its product offerings with upcoming releases aimed at improving surveying accuracy and efficiency. Additionally, Wingtra AG is targeting expansion into new markets, including Asia and Latin America, with an anticipated timeline for market entry set for late 2024.

Who invested in Wingtra

9 investors across 2 rounds

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Funding rounds

  1. Series B

    Mar 20, 2023

    Amount

    $22M

    Investors

    Locked

  2. Series A

    May 23, 2019

    Amount

    $10M

    Investors

    Locked

Questions about Wingtra

Who invested in Wingtra?

Wingtra has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Wingtra raised?

Wingtra has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Wingtra last raise money?

Wingtra's most recent round on record is a Series B, in Mar 2023.

What does Wingtra do?

Wingtra AG, founded in 2014 in Zurich, Switzerland, specializes in advanced drone solutions for surveying applications.

Where is Wingtra headquartered?

Wingtra is headquartered in Zurich, Switzerland.

Which VCs invest in companies like Wingtra?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back hardware companies at Wingtra's stage. Their profiles are linked below.

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