FairFleet GmbH

FairFleet GmbH is a technology company that specializes in drone-based data collection and processing services, offering innovative solutions to enhance operational efficiency across various industries. FairFleet GmbH, founded in 2015 in Munich, Germany, provides drone-based data collection services globally. The company was established by Alexander Engelfried, Dario Manns, and Marco Kreuzer, who have a history of entrepreneurial ventures. FairFleet has completed one significant deal, with the most recent funding round occurring on August 8, 2018.

FairFleet specializes in providing drone-based data collection and processing services, leveraging a global network of over 5,000 professional drone pilots across more than 100 countries. The core offerings include aerial inspections, surveying, mapping, and comprehensive reporting solutions tailored to various industries such as construction, real estate, insurance, and utilities. These services are underpinned by advanced software that processes collected data to deliver accurate, actionable insights, enhancing operational efficiency. The platform allows clients to manage and share data seamlessly, generating automated reports that ensure reliability and comprehensiveness.

FairFleet's solutions are utilized in diverse geographical markets, including the UK, Germany, Spain, and the United States, with a significant presence in over 70 countries, catering to a client base of more than 1,000 organizations across multiple sectors. FairFleet operates on a business-to-business (B2B) model, primarily generating revenue through service contracts with various clients, including governmental authorities, financial institutions, and construction firms. The structure of transactions typically involves customized service packages that clients choose based on their specific data collection and reporting needs, enabling flexibility in pricing. The company’s flagship services include its PV Inspection solution, known for its speed and accuracy, and other specialized inspection and surveying services.

Clients engage with FairFleet through direct agreements that outline the scope, deliverables, and timelines, translating into structured payments for the services rendered. This transactional framework fosters long-term partnerships, allowing FairFleet to deliver value through tailored solutions in the drone technology space. Following the recent funding round in August 2018 from new investor High-Tech Gründerfonds, FairFleet plans to enhance its service offerings by developing new drone technologies and expanding into additional European markets, including France and Italy, by the end of 2023. The funds will be allocated towards product development, enhancing their existing service portfolio, and increasing marketing efforts to reach new clients in these targeted regions.