DroneBase has raised $12 million (over £8m) in funding to help support the expansion of its drone operations services for enterprises.
This third round of funding brings the company’s total to more than $17 million (over £12m), with the investment helping to support more commercial drone missions for DroneBase’s enterprise clients across various industries such as real estate, insurance, telecommunications, construction, and media.
The investment has been provided by Union Square Ventures (USV) and Upfront Ventures, alongside DJI and new investors Hearst Ventures and Pritzker Group.
“DroneBase has addressed two key challenges in the industry by providing reliable, affordable and scalable drone services for enterprises across industries while offering opportunities for pilots of all skill sets with purposeful reasons to fly their drones,” said Jan Gasparic, head of enterprise partnerships, DJI.
DroneBase is largest global drone operations company and has expanded substantially over the past two years. Now the provider will focus on growth, with plans in the pipeline to scale up pilot operations through partnerships with other leaders.
“DroneBase is privileged to work with leading enterprises who have best-in-class data analytics solutions for construction, insurance, property, energy & agriculture. We hear over and over how incredibly difficult it is to scale ROI-positive drone operations to acquire aerial data” said CEO Dan Burton. “By using the DroneBase API, our partners can access drone imagery and data from all over the world that is scalable, affordable, and easy to integrate with their platforms, allowing them to focus on their core business.”
The company is also focusing on expanding its enterprise offering to include AirCraft Pro, a commercial build upon the AirCraft product.