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§ Private Profile · New York City, NY, USA
Commercial drone solutions provider offering aerial surveying, mapping, and spatial data analytics for enterprises and governments.
Aereo is a Bengaluru, India-based technology company that provides commercial drone solutions, including aerial surveying, mapping, and spatial data analytics for enterprise and government clients. The firm offers drone-as-a-service contracts and proprietary software platforms that have mapped over 45,000 villages and more than five million acres of land. Operating across the mining, infrastructure, and agriculture sectors, the organization serves as an execution partner for rural land mapping initiatives. Aereo has secured over $20 million in total funding, including a $15 million Series B round led by 360 ONE Asset, with backing from Chiratae Ventures. The enterprise delivers data analytics subscriptions and commercial drone hardware to corporate customers like Tata Steel and Coal India. Formerly known as Aarav Unmanned Systems, Aereo was founded in 2013 by Vipul Singh, Suhas Banshiwala, Yeshwanth Reddy, and Nikhil Upadhye.
Aereo has raised $120.8M across 7 funding rounds.
Key people at Aereo.
Aereo has raised $120.8M in total across 7 funding rounds.
Aereo has raised $120.8M across 7 funding rounds. Most recently, it raised $1.8M Series B Extension in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 7, 2024 | $1.8M Series B Plus | JSW Ventures | — | Announced |
| Jul 19, 2024 | $15M Series B | 360 ONE Asset | — | Announced |
| Mar 1, 2018 | $6M Seed | — | AngelList, FirstMark Capital, Merak Ventures | Announced |
| Jan 1, 2014 | $34M Series C | IAC | Catapult Capital, FirstMark Capital, Harrison Metal, Gordon Crawford, Highland Capital Partners, LI LU | Announced |
| Jan 1, 2013 | $38M Series B | Highland Capital Partners, IAC | Catapult Capital, FirstMark Capital, Harrison Metal | Announced |
| Feb 1, 2012 | $21M Series A | Barry Diller | Catapult Capital, FirstMark Capital, Harrison Metal, First Round Capital, Highland Capital Partners, High Line Venture Partners | Announced |
| Apr 1, 2011 | $5M Seed | FirstMark Capital | Catapult Capital, Harrison Metal, First Round Capital, Highland Capital Partners, High Line Venture Partners, SV Angel | Announced |
Key people at Aereo.
Aereo is an Indian technology company specializing in integrated drone solutions that leverage aerial intelligence to empower various industries such as mining, urban and rural development, and large-scale construction. It builds scalable end-to-end drone products that provide accurate surveys, analytics, and operational efficiencies through advanced hardware and software. Aereo serves industrial clients seeking to enhance productivity and sustainability by solving challenges related to data collection, spatial analytics, and infrastructure monitoring. The company has demonstrated strong growth momentum, securing over $16 million in funding by 2024 and earning multiple awards for innovation and excellence in drone technology[1][2][3][5].
Founded in 2013 by Vipul Singh and Suhas Banshiwala in the research labs of IIT Kanpur, Aereo began as Aarav Unmanned Systems with a vision to pioneer commercial drone services in India. The founders identified the untapped potential of drone technology for industrial applications early on and focused on developing integrated drone solutions tailored to diverse sectors. Early traction came from delivering transformative aerial intelligence solutions that improved operational efficiency and sustainability, positioning Aereo as a leader in India's drone ecosystem[2][3][4].
Aereo rides the global trend of digital transformation in industries through drone technology and aerial intelligence. The timing is favorable due to increasing demand for automation, precise geospatial data, and sustainable infrastructure development. Market forces such as government support for drone adoption, advancements in sensors and AI, and the need for efficient resource management work in Aereo’s favor. By enabling data-driven decision-making and operational efficiencies, Aereo influences the broader ecosystem by accelerating drone technology adoption across multiple sectors in India and beyond[1][2][3].
Looking ahead, Aereo is poised to expand its technological capabilities and market reach, potentially integrating AI and IoT to enhance its aerial intelligence offerings further. Trends such as smart cities, precision agriculture, and infrastructure digitization will shape its growth trajectory. As drone regulations mature and adoption increases globally, Aereo’s influence is likely to grow, positioning it as a key player in the global drone solutions market. Its commitment to innovation and sustainability suggests it will continue to drive productivity improvements and societal benefits through advanced aerial technologies[2][3].
Aereo has raised $120.8M in total across 7 funding rounds.
Aereo's investors include JSW Ventures, 360 ONE Asset, AngelList, FirstMark Capital, Merak Ventures, IAC, Catapult Capital, Harrison Metal, Gordon Crawford, Highland Capital Partners, Li Lu, Barry Diller.
