Air mobility company SkyRyse raises $25 Million

By StartUp City | Wednesday, October 03, 2018

SkyRyse, a Hayward, CA-based an air mobility company, raised $25m in seed and Series A funding led by Venrock, with participation from Eclipse, Stanford University, Industry Ventures, Trucks VC, Cantos, and Engage Ventures.

In January 2019, SkyRyse plans to begin operations in Tracy, California, where it will provide support to the city’s emergency response units, including law enforcement, search and rescue missions, and firefighters.

Founded in 2016 by Mitch Adler and Mark Groden, SkyRyse has built an advanced pilot assistance system (APAS) that combines: Artificial Intelligence, a flight perception suite, and decision-making algorithms to lessen the pilot’s workload and reduce human error. It works with any FAA-approved vertical takeoff and landing (VTOL) aircraft.

The company’s Air Emergency Response service is available to state and local governments to connect first-responders, law enforcement and firefighters with emergency scenes in minutes, regardless of location. The SkyRyse service will include FAA-approved VTOL aircraft equipped with its APAS, a mobile application, and a network of trained pilots to transport emergency responders four-times faster than ground response systems safely.

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