DroneBase Projects 700% Revenue Growth This Year
BY Alan Perlman1 December 2016
Recently we wrote about DroneBase, the startup that crowdsources aerial photography and videography.
DroneBase has a new pilot program that allows UAV pilots to find local work and get paid incredibly easily, and it’s taking off like wildfire.
Following a traditional crowdsourcing model, DroneBase makes it easy for those people with the skills and UAVs needed to do high quality aerial photography and videography to connect with those clients who need their services. Clients now include construction companies, Hilton hotels, Allstate insurance, Zillow, commercial real estate giants CBRE and JLL and Keller Williams, the largest realtor by number of agents.
Dan Burton, DroneBase’s founder and CEO, recently told TechCrunch it was “really rewarding” to pay some pilots as much as $50,000 a year. In addition, DroneBase is projecting 700% revenue growth this year 2015 to 2016.
Below is a picture of DroneBase CEO Dan Burton speaking live about their crowdsourcing model and how they are leveraging UAV pilots everywhere to bring in high quality aerial images and videos.
DroneBase recently raised $3 million in Series A funding, with previous investor Union Square Ventures leading the funding round.
This round of funding brings DroneBase’s total funding up to $5 million. Other investors in this round are Upfront Ventures, Accel Partners and DJI.
DroneBase and DJI
DJI is one of DroneBase’s biggest partners, a big indicator that DroneBase is here to stay. One benefit of the partnership is that using the same hardware allows the footage DroneBase collects to be easily standardized. “All the jobs we’ve done, we’ve done every single one on a DJI drone,” Burton says. “It removes hardware as a variable.”
How does this standardization play out in day-to-day operations? DroneBase did monthly check-ups on 40 construction sites across the country for one company, and the reports from Arizona and Florida are directly comparable, as you can see in the image below.
Says Burton, “We’re actively flying in all 50 U.S. states and 30 countries. Any address in the United States, we can get you drone imagery and data in 48 hours, for almost always under $500.”