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Funding round

Skydio Seed

Skydio, which works in autonomous drone manufacturing in San Mateo, raised $2.9M in a Seed round announced on 15 Jan 2015, led by Andreessen Horowitz, at a $9.7M post-money valuation. 2 firms took part, with 1 individual investor. It is Skydio's first venture round on record.

Skydio

$2.9M

Amount raised

$9.7M

Post-money valuation

2

Investors

1 lead

30%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Skydio at $9.7M after the new money. The $2.9M bought investors about 30% of the company. It is Skydio's first venture round on record, 1 year after it was founded in 2014. It is under 1% of the $655M Skydio has raised in the venture rounds on record. Skydio raised again 37 months later: a Series B round of $42M in Feb 2018, at $234M post-money.

Skydio's funding rounds

Skydio has 6 venture rounds on record. This one is highlighted.

  1. Seed this round 15 Jan 2015, led by Andreessen Horowitz $2.9M$9.7M post-money
  2. Series B 13 Feb 2018 $42M$234M post-money
  3. Series C 13 Jul 2020, led by Next47 $100M
  4. Series D 28 Feb 2021, led by Andreessen Horowitz $170M$1.00B post-money
  5. Series E 27 Feb 2023, led by Linse Capital $230M$2.20B post-money
  6. Series F 23 Apr 2026 $110M$4.40B post-money

Investors

Who put money in

Andreessen Horowitz led the round with 1 other firm.

Lead investor

Also in the round

  • Accel backs 581 venture-backed companies new investor

Individual investors: jeffrey wilke.

Use of proceeds

What the money is for

According to the announcement, the money goes to hiring, product development, scaling operations and working capital.

  • Hiring
  • Product development
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

The closest in time: Seed rounds in any sector within 6 months:

Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Tech Companies1 Jan 2015$6.4Mnot disclosednot named
AlayaCare Tech Companies1 Jan 2015$6.0Mnot disclosednot named
Biotechnology1 Jan 2015$5.0Mnot disclosedTrue Ventures
Tech Companies12 Jan 2015$5.0Mnot disclosednot named
Tech Companies1 Jan 2015$4.5Mnot disclosedTLV Partners
Biotechnology1 Jan 2015$3.8Mnot disclosednot named
Farm Equipment1 Jan 2015$3.6Mnot disclosednot named
Dataiku Tech Companies1 Jan 2015$3.6Mnot disclosedAlven and Serena

Sources

Where this comes from

Reported by 1 source.

Questions

Frequently asked

How much did Skydio raise in its Seed round?

Skydio raised $2.9M in its Seed round, announced in Jan 2015.

Who led Skydio's Seed round?

Andreessen Horowitz led it, with Accel.

What was Skydio's valuation at the Seed round?

$9.7M post-money.

Did Skydio raise again after this round?

Yes: a Series B round in Feb 2018 of $42M at $234M post-money.