Skydio funding rounds & valuation history
Skydio, the San Mateo, California maker of autonomous drones, in which Axon is taking a large minority stake. Funding from the Series C (Jul 2020) to the Series G (Axon primary purchase) plus later status rows, sourced to Axon, Axon 8-K (SEC), Skydio and TechCrunch.
Round history
Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.
| Date | Status | Round | Amount | Lead / buyer | Valuation | Val. ÷ run-rate | Source |
|---|---|---|---|---|---|---|---|
Tender |
Axon tender offer and share purchases (pending)Purchases from existing shareholders (tender offer and committed secondary) at the Series G price; not new money for Skydio and not yet settled. Axon’s stake is expected to rise from about 15% to about 37% fully diluted. |
Balance of Axon’s ~$1.2B total |
—Not disclosed |
$5.2BSame $5.2B pre-money valuation as Axon’s investment; settles Q4 2026–Q1 2027 |
—Not disclosedTender price, not a new round; no multiple |
||
Closed round |
Series G (Axon primary purchase)Paid half in cash and half in Axon stock. Non-voting preferred shares. Part of Axon’s ~$1.2B investment; the rest is the pending share purchases above. |
About $254.9M |
Axon |
$5.2BPre-money, stated by Axon for its overall $1.2B investment |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series F |
$110M |
Existing investors |
$4.4BStated by Skydio (“This round raises our valuation to $4.4 billion”); basis not stated |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series E extensionBrought in Axon and KDDI as strategic investors. |
$170M |
KDDI (about $60M)With: Axon, Linse Capital and others |
Series E valuationInvestor Linse Capital: “we’re getting in at the same valuation” as the Series E (TechCrunch); no new figure stated |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series E |
$230M |
Linse CapitalWith: Andreessen Horowitz, Next47, IVP, DoCoMo, Nvidia, UP |
Over $2.2BLower bound stated by Skydio (“current valuation of over $2.2 billion”) |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series D |
$170M |
Andreessen Horowitz Growth FundWith: Linse Capital, Next47, IVP, UP |
Over $1BLower bound stated by Skydio; TechCrunch: post-money “north of $1 billion” |
—Not disclosedNo run-rate stated in the announcement |
||
Closed round |
Series C |
$100M |
Next47With: Levitate Capital, NTT DOCOMO Ventures, Andreessen Horowitz, IVP and others |
Not disclosedNo company valuation stated by the source |
—Not disclosedNo run-rate stated in the announcement |
Valuation at each closed round
Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.
Sources: Axon, Axon 8-K (SEC), Skydio, TechCrunch. US$ billions, linear scale.
Timeline
Each round and share sale, oldest first.
- 13 Jul 2020 · Closed
Series C: $100M led by Next47.
- 1 Mar 2021 · Closed
Series D: $170M at Over $1B led by Andreessen Horowitz Growth Fund.
- 27 Feb 2023 · Closed
Series E: $230M at Over $2.2B led by Linse Capital.
- 15 Nov 2024 · Closed
Series E extension: $170M led by KDDI (about $60M).
- 23 Apr 2026 · Closed
Series F: $110M at $4.4B led by Existing investors.
- 5 Nov 2026 · Closed
Series G (Axon primary purchase): About $254.9M at $5.2B led by Axon.
- 6 Nov 2026 · Tender
Axon tender offer and share purchases (pending): Balance of Axon’s ~$1.2B total at $5.2B.
Cite this dataset
Free to quote with a link back. Copy this citation:
Skydio Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/skydio/
Download the data
The same 7 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.
- File
skydio-rounds.csv(UTF-8, comma-separated)- Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/skydio-rounds.csv- Columns
id,date,date_precision,status,transaction_type,round,amount_usd_low,amount_usd_high,lead_or_buyer,co_leads,valuation_usd_low,valuation_usd_high,valuation_basis,valuation_to_run_rate_multiple,multiple_bound,multiple_basis,step_up_vs_prior_closed,price_per_share_usd_low,price_per_share_usd_high,shares,source,source_url,other_source_urls,notes,last_updated- Updated
- (IST)
Methodology & status definitions
How each row is labelled and calculated.
Closed round
A primary round announced by the company or confirmed in the press, bringing new money to the company.
Tender
A sale of existing shares (employee tender, secondary or buyback). It brings no new primary capital, so it is Status, not the last-closed valuation; no step-up or multiple.
Valuation ÷ run-rate
Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.
What is not a separate row
Seed, Series A and Series B (2015–18); government contracts and grants; the KDDI and Axon commercial partnerships (except where they invested in a round).
Updates & corrections
This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.
Changelog
- : Dataset first compiled (batch 4, not yet published).
Sources
- Axon: Axon Invests $1.2 Billion in Skydio to Build the Future of Drone as First Responder, 5 Nov 2026
- Axon Enterprise: Form 8-K (Skydio investment), filed 5 Nov 2026
- Skydio: Strong Business, Bigger Mission, New Capital (Series F), 23 Apr 2026
- TechCrunch: Drone manufacturer Skydio raises $170 million extension round, 15 Nov 2024
- Skydio: Skydio Raises $230M in Series E Funding Round, Becomes Largest US Drone Manufacturer, 27 Feb 2023
- TechCrunch: Skydio soars to a $2.2 billion valuation after raising $230M Series E, 27 Feb 2023
- Skydio: Autonomous Drone Maker Skydio Announces $170 Million In Series D Funding Led by Andreessen Horowitz’s Growth Fund, 1 Mar 2021
- TechCrunch: Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz, 1 Mar 2021
- Skydio: Autonomous Drone Maker Skydio Raises $100 Million, Accelerates Growth in Consumer, Enterprise, and Public Sector, 13 Jul 2020
- TechCrunch: Autonomous drone startup Skydio raises $100 million and launches the X2 commercial drone, 13 Jul 2020