Skyward Raises $4.1M

What does Skyward do?

Skyward, is the information management platform is digitizing the environment to connect commercial operators, insurers and regulators on a global platform which operates at the speed of the market. It powers the global aerial robotics network.

Critical infrastructure for the Aerial Robotics ecosystem – software platform connects operators, insurers, and regulators. This startup connects drones and their operators with the info the consumers need to fly safely and in compliance with the insurance and regulatory requirements. Its cloud based solution delivers the digital record, air chart and unique drone IDs essential for commercial operations.

How much Skyward was funded?

Skyward raised $4.1M in Seed round on April 28^th, 2015 from the investors Draper Associates, Norwest Venture Partners – NVP, Founder’s Co-op, Verizon Ventures, Techstars Ventures and Voyager Capital.

Previous funding

• $140k in Convertible Note on May 18^th, 2014.
• $1.5M in Seed funding on June 30, 2014 from the investors Tim Draper, Draper Associates, Toivo Annus and Voyager Capital

What is next for Skyward?

The $4.1M raised in the latest round will be used to double its work force and for building its technology. Currently Skyward has 11 employees at its Downtown headquarters and another 11 open positions vacant on its website.
More about Skyward

Skyward was founded in December 2012 by Dana Maher, Jake Weber, Jonathan Evans , Stephen McKeon and Eric T. Ringer. It has its headquarters in Portland, OR. This Portland based startup has a technology which is designed to help set the rules of the road for aerial drones the company plans to soar over the cities around the globe. Skyward maps the routes and establishes procedures for ensuring that the drones fly safely, so that is plays an important role in the skyway of the future. The idea of the company is to provide some trust and comfort to the drone operators especially around compliance and safety in the aerial robotics industry.