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Portfolio Company Flirtey Raises $16M in Venture Capital to Accelerate Growth as a Pioneer in “Delivery as a Service” with Drones

We were one of the first investors in Drone pioneer Flirtey in 2015. Since then the company has scored many firsts in the “Delivery as a Service” market, including some of the first flights approved by the FAA.

They have just raised their Series A round and it was led by Menlo Ventures and Qualcomm Ventures, who were also seed investors subsequent to our investment. This round was also joined by Chris Sacca’s Lowercase Capital, Y Combinator and World Innovation Lab, a firm that counts among its limited partners the Japanese airline ANA, Goodwater Capital, Amity Ventures and Partech Ventures.

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