Airware wants to turn the insurance world upside down with its professional drones

by bold-lichterman

The amount

Airware, an American company that develops drones for professional use, has just raised $ 30 million from Next World Capital, as the main investor, and Andreessen Horowitz and Kleiner Perkins Caufield & Byers. Among the investors, we also find John Chambers, and former CEO of Cisco. In the past, Airware had already completed a funding round of $ 25 million in 2014.

The concept

Founded in 2011, the company develops solutions aimed at companies needing to collect data on an environment. As the company presents on its website, an insurer can thus obtain high resolution images on residences, an oil company can inspect and monitor a barge or a pipeline and a telecom operator can monitor its infrastructures, in particular its cell towers.

“One of the key industries we focus on is insurance. Commercial drones will revolutionize the way insurance companies collect data in the physical world, and the industry has taken notice, ”says Jonathan Downey, Airware Founder and CEO, in a note blog.

In addition, Fabien Blanc-Paques, one of the co-founders of the Grenoble-based company for the exploitation of data from Delta Drone drones, joined Airware last year.

The market

Other players are also interested in the professional drone market. In France, the Airinov stat-up, in which Parrot has invested, is developing soil analysis solutions for farmers. This month, the Toulousain Delair-Tech completed a round of funding of 13 million euros. This company, founded in 2011, designs drones for professional use used by groups with infrastructure, including SNCF and ERDF.

CEO: Jonathan downey

Creation: 2011

The head office : San Francisco (United States)

Activity: drones for professional use

Funding: over $ 55 million raised

Photo credit: Airware