Teal Drones

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United States · Founded 2014 · $13.1M raised

Headquarters
Utah
Founded
2014
Business Model
B2G
Total Funding
$13.1M
Last Round
$10.0M Series AJan 2017
Rounds
3

About

Teal Drones manufactures small unmanned aircraft systems for the U.S. military and its allies, with drones mass-produced in the United States using DoD-compliant components. Each system is designed to be versatile, secure, and quiet, integrating onboard computing and an electro-optical and infrared payload for short-range reconnaissance rather than serving only as a flying camera. Founded in 2014 by George Matus in Salt Lake City, Utah, Teal is a Red Cat subsidiary and supplies sUAS such as the Teal 2 to U.S. defense customers. The company says its purpose is to help rebuild America's small-UAS industrial base for defense, security, and allied use.

Summary

Teal Drones is a Defense Tech company based in United States, founded in 2014. It has raised $13.1M in total across 3 rounds, most recently a $10.0M Series A round in Jan 2017. Investors include Sovereign Wealth Fund of Oman and Thiel Fellowship.

Tech & App Stack

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Funding History

Series ASeries AJan 2017
$10.0M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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