BREAKING: Skydio Raises $110 Million Series F at a $4.4B Valuation
"The most significant fact in our Series F is how little we are raising. Despite investor demand to put substantially more into the company.. our capital needs are rapidly decreasing."
CEO Adam Bry (
@adampbry) joins Sourcery to share
@SkydioHQ's funding process, 9 figures in revenue (!!), commercial scale, military public safety use cases, & their manufacturing edge at Skydio's Hayward factory.
Skydio is the largest drone factory in the US at scale production.
Skydio by the numbers:
- $110M Series F at $4.4B post money
- 9 figures in annual revenue, strong unit economics
- ~900 employees
- 60,000 autonomous flying robots shipped
- 3.4M customer flights
- 3,800 enterprise customers
- 1,200 public safety agencies (doubled YoY)
- 45 of 51 state transportation agencies
- Every branch of the US military plus 29 allies
- 11M Americans live within 2 miles of a Skydio DFR Dock
In this conversation, we cover:
- Series F and the unit economics behind a $4.4B valuation
- $50M, 3,000 drone US Army contract and tripling production in 2026
- R10 indoor drone and F10 fixed wing
- Turning down DJI's acquisition offer in 2014
- Getting sanctioned by the Chinese government in 2024
- Drone as First Responder: Public Safety customers in 42/50 states, 42% auto theft reduction in SF
- Built a China independent supply chain & US manufacturing at scale
- Flying agentic AI & the future of autonomous robotics
- Adam's hottest take on the robotics hype cycle
If you're interested in reindustrializing America, drones, AI, robotics, & fundraising in hard tech, this one's for you.
𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒
(00:00) Adam Bry, CEO of Skydio
(00:54) Inside Skydio Factory
(01:31) Series F & Scaling
(03:17) Customers And Growth
(04:10) Origins & Reliability
(08:04) Civilian Missions Focus
(09:19) Drones For Public Safety
(12:29) Edge Compute & Partners
(14:20) Expanding Drone Lineup
(17:10) Beating China & DJI
(19:34) US Supply Chain Resilience
(21:33) Reindustrialization Timeline
(22:35) Hiring & Leadership
(27:12) AI Agentic Drones
(30:08) Metrics & Operating Model
(31:49) Hottest Take And Advice
1/ Skydio has raised $110 million in Series F financing, led by existing investors. This round raises our valuation to $4.4 billion. 🧵