SAN FRANCISCO, CA, May 13, 2019– Volansi, Inc., an on-demand aerial delivery business based in San Francisco, has raised $20 Million in Series A funding. The funding was led by Lightspeed Venture Partners, who was the lead investor for Volansi’s seed round funding, with support from Y Combinator.
Volansi builds and operates high-speed long-range drones for on-demand delivery of time-critical shipments. These high-payload unmanned aerial systems (UAS) provide delivery services for commercial, defense and humanitarian applications including delivery of parts and medical supplies. The company was founded in 2015 by Hannan Parvizian and Wesley Zheng and is headquartered in San Francisco, with a production facility in Concord, CA.
The Series A funding enables Volansi to expand its operations in the commercial and defense markets and build out its product offerings. “Volansi brings a new means of transportation and aerial autonomy to the market,” says Hannan Parvizian, CEO of Volansi. “We are very proud to have the support of Lightspeed Partners and our other investors as we expand our services and support our customers.”
Volansi leverages drone technology as a transportation method to help customers gain control of their supply chain and save millions of dollars on downtime and inventory. The company provides key support to commercial and defense industries, including construction, mining, oil & gas, medical and heavy equipment operations.
Volansi also creates an avenue for customers and communities to receive life-saving supplies when needed most. Volansi was a proud partner to an innovative approach to disaster relief in Puerto Rico in 2018-19. In the wake of natural disasters, poor access to healthcare and supplies contributes significantly to illness and mortality. Working with Merck & Co. Inc. and Direct Relief, the Volansi team tested drone flights and the coordinated processes needed to provide medical supplies to disaster areas. Volansi provided the drones and the piloting, as well the quick securing of flight permissions. Securing inter-island flight permissions has traditionally been a major stumbling block in the implementation of emergency supply drone cargo deliveries.
The success of the mission demonstrated Volansi’s expertise and capacity to provide aid to disaster-struck regions with its unmanned vehicles. “Our services via unmanned aerial systems can help save lives in disaster areas”, says Parvizian. “We are pleased to collaborate with Merck and other partners on this innovative new model of disaster-relief delivery.”