Soar Robotics

Intelligence Platform For Drones

Company Information

Website:

https://www.soarrobotics.com/

Sector:

Drones

Location:

Hollywood, CA

Soar Robotics enables companies to operate drones and collect valuable data autonomously.

To do this, the company provides a combination of drones, data linking technology, and a cloud intelligence platform.

The drone operates without the need for a human pilot. As a result, tasks such as data collection, battery re-charging, and data processing — tasks that traditionally require human supervision — are done automatically.

Companies using Soar Robotics’ drones can:

• Reduce labor costs by more than 80%.

• Hire fewer technical personnel.

• Manage industrial zones 24/7 remotely.

• And increase revenues in industries including energy, agriculture, and security.

Soar Robotics has secured deals with renewable energy and security companies, and aims to generate more than $1 million in revenue in 2020.

The company’s team members have significant experience in Artificial Intelligence and robotics, and its founders have previously started and sold two other startups.

Team Background

Kerem Ozkan - Co-Founder & Managing Director
Deniz Kalaslioglu - Co-Founder & Technical Lead
Raising
$1.07 million
Committed
$173K (16%)
Current Valuation
$7 million Cap / 20% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
SAFE
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