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Propeller Aero located in Denver Colorado raised $10 million in Series A round. It was driven by Blackbird Ventures with interest from all current real financial specialists, and Sequoia China who joined the round
It ’s a cloud-based examination organization that envisions ramble overview information to encourage substantial common development and assets activities measure and deals with their worksites themselves.
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The Series A financing expands on a great a year for Propeller, which opened its North American HQ in Denver in November 2017. A year ago, Propeller saw tremendous market reception and adoption for its solutions; a consistently extending list of worldwide clients; and key accomplice arrangement with Trimble Inc., the worldwide pioneer in positioning advancing solutions.
Co-founder and co-CEO of Propeller Aero Rory San Miguel said the raising of money will help the company to achieve its vision “rapidly and more broadly” as the industry comes to realize the need of its solution.
Inside Propeller's core market sections — mining, quarries, and development — enduring adoption of drone mapping and solution analytics continues to provide growth and accelerated momentum. Propeller removes the gap between industry managers and the worksites. Having dependable, readable, and shareable information about their site empowers certain, data-driven decision making, which helps cut expenses, streamline work processes, and enhance wellbeing.
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