Flytrex
Founded Year
2012Stage
Series C | AliveTotal Raised
$59.8MLast Raised
$40M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-106 points in the past 30 days
About Flytrex
Flytrex is a company that focuses on drone-based delivery services in the logistics and transportation industry. The company offers a service where goods, particularly food and small items from local businesses, are delivered to customers' backyards using aviation-grade certified drones. The primary sectors the company serves are the food and retail industries. It was founded in 2012 and is based in Tel Aviv, Israel.
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ESPs containing Flytrex
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The drone delivery market is focused on boosting the speed and efficiency of delivery services, particularly in suburban and rural areas where traditional couriers struggle to make frequent deliveries. Solutions in this space have the potential to help reduce pollution and congestion on the roads. Some companies in the market specialize in delivering medical supplies, such as blood and medicines.
Flytrex named as Outperformer among 15 other companies, including Zipline, Skyports, and Wingcopter.
Flytrex's Products & Differentiators
On-Demand Drone Delivery Service for Food and Retail in North Carolina
Flytrex currently has three drone delivery stations in North Carolina, delivering food and grocery orders from retailers and restaurants. In October 2021, Flytrex launched its service at the Holly Springs Towne Center to residents’ backyards – including from It’s Just Wings®, Brinker International’s virtual brand available from Chili’s® Grill & Bar and Maggiano’s Little Italy®. Flytrex has been operating in the ‘First in Flight’ state since September 2020, beginning in Fayetteville, NC – delivering groceries and household items from Walmart as well as restaurant orders to select customers – and has since expanded its service to the town of Raeford, NC. Since February 2021, the volume of Flytrex orders across its North Carolina operations has increased more than tenfold, with thousands of deliveries to date.
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Research containing Flytrex
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Flytrex in 8 CB Insights research briefs, most recently on Jan 25, 2024.
Expert Collections containing Flytrex
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Flytrex is included in 5 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
5,921 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Robotics
2,006 items
This collection includes startups developing autonomous ground robots, unmanned aerial vehicles, robotic arms, and underwater drones, among other robotic systems. This collection also includes companies developing operating systems and vision modules for robots.
Artificial Intelligence
14,767 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Food & Meal Delivery
1,531 items
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Aerospace & Space Tech
4,069 items
These companies provide a variety of solutions, ranging from industrial drones to electrical vertical takeoff vehicles, space launch systems to satellites, and everything in between
Flytrex Patents
Flytrex has filed 21 patents.
The 3 most popular patent topics include:
- unmanned aerial vehicle manufacturers
- operating amusement attractions
- brisbane central business district
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
11/9/2020 | 6/11/2024 | Road traffic management, Operating amusement attractions, Road transport, Aviation pioneers, Air traffic control | Grant |
Application Date | 11/9/2020 |
|---|---|
Grant Date | 6/11/2024 |
Title | |
Related Topics | Road traffic management, Operating amusement attractions, Road transport, Aviation pioneers, Air traffic control |
Status | Grant |
Latest Flytrex News
Sep 18, 2024
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Flytrex Frequently Asked Questions (FAQ)
When was Flytrex founded?
Flytrex was founded in 2012.
Where is Flytrex's headquarters?
Flytrex's headquarters is located at 39 Montefiore, Tel Aviv.
What is Flytrex's latest funding round?
Flytrex's latest funding round is Series C.
How much did Flytrex raise?
Flytrex raised a total of $59.8M.
Who are the investors of Flytrex?
Investors of Flytrex include b2venture, Benhamou Global Ventures, Lukasz Gadowski, BRM Group, OurCrowd and 8 more.
Who are Flytrex's competitors?
Competitors of Flytrex include 42dot, PABLO AIR, Neolix, Nuro, Elroy Air and 7 more.
What products does Flytrex offer?
Flytrex's products include On-Demand Drone Delivery Service for Food and Retail in North Carolina and 2 more.
Who are Flytrex's customers?
Customers of Flytrex include Walmart and El Pollo Loco.
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Compare Flytrex to Competitors
Zipline specializes in autonomous delivery systems and instant logistics within the drone delivery industry. The company designs, manufactures, and operates a large-scale automated delivery system that provides on-demand services for various sectors. Zipline's technology primarily supports the healthcare industry by facilitating urgent deliveries, such as blood and vaccines, and retail partnerships for home delivery. Zipline was formerly known as Romotive. It was founded in 2011 and is based in South San Francisco, California.
Matternet is a company that specializes in the development and operation of autonomous drone networks for package delivery within the healthcare and commerce sectors. The company offers ultra-fast, low-cost, and zero-emission delivery services using drones that are FAA Type Certified. Matternet's technology is designed to transform logistics in developed economies and provide innovative solutions for new economies. It was founded in 2011 and is based in Mountain View, California.
Airpost is a drone-related delivery system for distances of over 300 km with a capacity of up to 5 kg. It also uses the clean fuel - hydrogen.
Starship Technologies specializes in autonomous robot delivery within the delivery industry. The company offers solutions for food and package deliveries using self-driving robots designed to improve efficiency and sustainability. Starship's robots are utilized across various settings, including towns, cities, and campuses, to provide a convenient delivery experience. It was founded in 2014 and is based in San Francisco, California.
Manna specializes in rapid drone delivery services within the logistics and delivery industry. The company offers a drone-based delivery solution that promises to deliver items such as food and medical supplies within an average of 3 minutes, focusing on affordability, sustainability, and safety. Manna's drones are designed to support local businesses by providing an alternative delivery method that is both greener and quieter than traditional road-based delivery systems. It was founded in 2019 and is based in Dublin, Ireland.
Udelv is a company that focuses on the autonomous vehicle industry, specifically in the domain of last-mile and middle-mile deliveries. The company's main product is a driverless, multi-stop delivery electric vehicle (EV) designed for these delivery routes. This EV is engineered as a turnkey driverless delivery system, with features such as autonomous functionality, fleet management software, and a mobile experience that facilitates the loading and unloading of goods. Udelv primarily serves sectors that require delivery services, such as ecommerce and logistics. It was founded in 2016 and is based in Burlingame, California.
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