Funding round
Skydio Series B
Skydio, which works in autonomous drone manufacturing in San Mateo, raised $42M in a Series B round announced on 13 Feb 2018, at a $234M post-money valuation. 6 firms took part. It is Skydio's second venture round on record; the one before was a Seed in Jan 2015.
$42M
Amount raised
$234M
Post-money valuation
$192M pre-money
6
Investors
no lead named
24x
Step-up from the Seed
$9.7M in Jan 2015
18%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Skydio at $234M after the new money, 24.2 times the $9.7M of its Seed (Jan 2015). The $42M bought investors about 18% of the company. It came 37 months after Skydio's Seed. It is 6.4% of the $655M Skydio has raised in the venture rounds on record. Skydio raised again 29 months later: a Series C round of $100M in Jul 2020. Its next priced round, a Series D in Feb 2021, valued it at $1.00B.
Skydio's funding rounds
Skydio has 6 venture rounds on record. This one is highlighted.
- Seed 15 Jan 2015, led by Andreessen Horowitz $2.9M$9.7M post-money
- Series B this round 13 Feb 2018 $42M$234M post-money
- Series C 13 Jul 2020, led by Next47 $100M
- Series D 28 Feb 2021, led by Andreessen Horowitz $170M$1.00B post-money
- Series E 27 Feb 2023, led by Linse Capital $230M$2.20B post-money
- Series F 23 Apr 2026 $110M$4.40B post-money
Investors
Who put money in
6 firms took part; no lead investor was named.
Investors
- Accel backs 581 venture-backed companies
- Andreessen Horowitz backs 722 venture-backed companies
- Institutional Venture Partners backs 109 venture-backed companies
- backs 55 venture-backed companies
- Nvidia
- backs 51 venture-backed companies
Comparable rounds
How it compares
The closest in time: 1 in Aircraft Parts & Services, then Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aircraft Parts & Services | 11 Apr 2018 | $37M | not disclosed | not named |
| Kallyope Biotechnology | 22 Feb 2018 | $66M | not disclosed | Lux Capital |
| Udaan Groceries | 21 Feb 2018 | $50M | not disclosed | Lightspeed Venture Partners |
| Medical Supply Manufacturers | 12 Feb 2018 | $45M | not disclosed | Fortune Fountain Capital |
| Tech Companies | 20 Feb 2018 | $35M | not disclosed | August Capital |
| Professional & Management Training | 15 Feb 2018 | $32M | not disclosed | WestRiver Group and Boeing |
| Motor Homes, Trailers & RVs - Dealers & Rentals | 12 Feb 2018 | $25M | not disclosed | Aviva Ventures and Altos Ventures |
| Tech Companies | 1 Feb 2018 | $25M | not disclosed | HPE Growth |
Questions
Frequently asked
How much did Skydio raise in its Series B round?
Skydio raised $42M in its Series B round, announced in Feb 2018.
Which investors took part in Skydio's Series B round?
Accel, Andreessen Horowitz, Institutional Venture Partners, 35V, Nvidia and Playground.
What was Skydio's valuation at the Series B round?
$234M post-money ($192M pre-money).
Did Skydio raise again after this round?
Yes: a Series C round in Jul 2020 of $100M.