AirVid Inc.

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AirVid Inc. - overview

Established

2013

Location

-, ON, Canada

Primary Industry

Business Support Services

About

AirVid Inc. is a Canadian company specializing in innovative aerial video solutions, providing advanced drone technology and services for various applications, including entertainment and surveillance. Founded in 2013, AirVid Inc. focuses on delivering aerial video services through drone technology.


The company does not have any reported subsidiaries or parent organizations. AirVid was acquired in February 2018 by PrecisionHawk Inc. , a portfolio company of multiple venture capital firms. The founder’s prior entrepreneurial experience is not detailed in the available information.


AirVid Inc. offers aerial video solutions utilizing advanced drone technology for a range of applications such as entertainment, event coverage, and surveillance services. The company positions itself to meet diverse client needs through innovative filming techniques and high-definition video capture capabilities. AirVid Inc.


generates revenue through direct-to-consumer services involving aerial videography and photography. The financial model relies on project-based contracts with clients, charging for the use of drones and associated filming services. Specific revenue figures are not disclosed in the provided information. Following its acquisition by PrecisionHawk Inc.


in February 2018, AirVid Inc. is strategizing for future growth by exploring the launch of additional aerial services and expanding its market reach. The company is expected to target new demographics and applications in sectors such as real estate, agriculture, and public safety by 2023. Funding from the acquisition will likely be utilized to develop new product offerings and enhance technological capabilities in aerial imaging and data collection.


Current Investors

PrecisionHawk, Inc.

Primary Industry

Business Support Services

Sub Industries

Equipment Rental & Leasing

Website

www.air-vid.com

Company Stage

Add-on

Total Amount Raised

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