Skip to main content

Skydio Funding Rounds & Valuation History (2020–2026)

Private Valuation & Funding Round Tracker · Skydio

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.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 7 Currency: US$, nominal
Last closed round Closed
$5.2B
About $254.9M Series G (Axon primary purchase)
Raised in rounds listed
$1.0349B
Sum of 6 closed rounds with a disclosed amount (GNF calc.)
Largest round
About $254.9M
Series G (Axon primary purchase)
Latest signal Tender
Balance of Axon’s ~$1.2B total
Axon tender offer and share purchases (pending) (not a closed round)

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.

Showing 7 of 7 rows
Skydio funding rounds, Jul 2020 to Nov 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
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
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

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.

  1. 13 Jul 2020 · Closed

    Series C: $100M led by Next47.

  2. 1 Mar 2021 · Closed

    Series D: $170M at Over $1B led by Andreessen Horowitz Growth Fund.

  3. 27 Feb 2023 · Closed

    Series E: $230M at Over $2.2B led by Linse Capital.

  4. 15 Nov 2024 · Closed

    Series E extension: $170M led by KDDI (about $60M).

  5. 23 Apr 2026 · Closed

    Series F: $110M at $4.4B led by Existing investors.

  6. 5 Nov 2026 · Closed

    Series G (Axon primary purchase): About $254.9M at $5.2B led by Axon.

  7. 6 Nov 2026 · Tender

    Axon tender offer and share purchases (pending): Balance of Axon’s ~$1.2B total at $5.2B.

Still private: Skydio has not filed for an IPO. Axon (Nasdaq: AXON) is a minority investor: its November 2026 deal is expected to lift its stake from about 15% to about 37% on a fully diluted basis, using non-voting preferred shares, and Axon calls it a “minority investment” (Axon 8-K). Skydio is not an Axon subsidiary. The remaining share purchases are due to close in Q4 2026 and Q1 2027.

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)
⬇ Download CSV

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

  1. Axon: Axon Invests $1.2 Billion in Skydio to Build the Future of Drone as First Responder, 5 Nov 2026
  2. Axon Enterprise: Form 8-K (Skydio investment), filed 5 Nov 2026
  3. Skydio: Strong Business, Bigger Mission, New Capital (Series F), 23 Apr 2026
  4. TechCrunch: Drone manufacturer Skydio raises $170 million extension round, 15 Nov 2024
  5. Skydio: Skydio Raises $230M in Series E Funding Round, Becomes Largest US Drone Manufacturer, 27 Feb 2023
  6. TechCrunch: Skydio soars to a $2.2 billion valuation after raising $230M Series E, 27 Feb 2023
  7. Skydio: Autonomous Drone Maker Skydio Announces $170 Million In Series D Funding Led by Andreessen Horowitz’s Growth Fund, 1 Mar 2021
  8. TechCrunch: Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz, 1 Mar 2021
  9. Skydio: Autonomous Drone Maker Skydio Raises $100 Million, Accelerates Growth in Consumer, Enterprise, and Public Sector, 13 Jul 2020
  10. TechCrunch: Autonomous drone startup Skydio raises $100 million and launches the X2 commercial drone, 13 Jul 2020