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Precision Autonomy logo — Accelerating the world's safe adoption of autonomous service...

Precision Autonomy

Accelerating the world's safe adoption of autonomous services.

Founded 2014 United States Austin, United States 14 employees Series Unknown Total: $3.08M Drones, Information Technology +1

General Information

Company Name Precision Autonomy
Founded Year 2014
Location United States Austin, United States +3
Employees 14
Industries Drones, Information Technology, Insurtech
Funding Stage Series Unknown
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About Precision Autonomy

Precision Autonomy is a pioneering startup in the Drones, Information Technology, and Insurtech industries, with a focus on accelerating the safe adoption of autonomous services. Founded in 2014 and headquartered in the United States, the company has recently secured a significant $3.08M Venture Round investment on May 7, 2019. The company's innovative offering centers around a usage-based data intelligence platform designed to ensure UAV flight assurance. Their platform, co-designed with insurers and drone operators, integrates drone deployment, asset management, and pay-per-minute insurance into one intelligent system. This includes a web app for mission creation and management, an in-field iOS app for pilots, and an asset manager compatible with various drone and payload types. What sets Precision Autonomy apart is its patented ratings engine algorithm, which considers over 400 factors in pilot flight performance to create bespoke star ratings, promoting safety and compliance. Their pay-per-minute insurance offer, pay.per.cover, enables users to insure drones, pilots, or payloads and pay only when they are flying, with a simple Click to Claim feature for automated incident reports. By providing the data intelligence necessary for drone operators, enterprises, insurers, and the commercial drone ecosystem to operate with confidence, Precision Autonomy offers a comprehensive solution for safe and efficient autonomous services. With their recent funding and cutting-edge technology, the company is well-positioned to drive innovation and support the expansion of autonomous services around the world.

Taxonomy: autonomous services, UAV flight assurance, data intelligence platform, drone deployment, pay-per-minute insurance, web app, iOS app, pilot flight performance, insurance technology, commercial drones, enterprise solutions, flight safety, insurtech

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• - 07 May 2019

FAQ About Precision Autonomy

Accelerating the world's safe adoption of autonomous services.
Precision Autonomy was founded in 2014.
Precision Autonomy is headquartered in Austin, United States.
Precision Autonomy operates in the following industries: Drones, Information Technology, Insurtech.
Precision Autonomy has approximately 14 employees.
Precision Autonomy has completed 1 funding round, raising a total of $3.08M. The latest funding stage is Series Unknown.

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