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Hoverfly Technologies

Hoverfly Technologies

Private
Sanford, FloridaFrontier & Industrial Techhttps://hoverflytech.com/

Last Round

Series B

Oct 8, 2025

Est. Valuation

$100M

Total Funding Raised

$36.63M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Hoverfly Technologies is an aerospace and defense company that designs and manufactures tether-powered unmanned aerial systems for persistent intelligence, surveillance, reconnaissance, and communication relay missions.

Sector

Frontier & Industrial Tech

Verticals

Defense Tech, Drones & UAVs, Aviation & Drones

Business Model

B2G

Customer Profile

Hardware Sales, Government Contracts, Services & Consulting

AI Layer

Application

Keywords

tethered droneunmanned aerial systemsUASpersistent surveillancedefense techISRintelligence surveillance and reconnaissanceautonomous defenseaerial monitoringcommunications relaytethered power systemslong-endurance dronefirst responder technologydefense contractordrone payload

Historical Pricing

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Caplight Momentum Score

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Hoverfly Technologies Comparables

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Hoverfly Technologies comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Elistair
90%
Fotokite
83%
Easy Aerial
80%

Hoverfly Technologies Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BOct 8, 2025
VC RoundAug 29, 2025
Series BApr 22, 2022
Series BAug 17, 2020
VC RoundOct 12, 2018
Seed
Oct 24, 2016

Key People

Founding team and executive leadership

Steve Walters

President & CEO, President and COO, EVP and COO

Executive Team

Daniel Burroughs

Chief Technology Officer, Chief Information Officer, Chief Software Architect, Chief Software Architect

Executive Team

Steve Topping

Chief Operating Officer

Executive Team

Hoverfly Technologies Investors

Notable investors and investment history

Hoverfly Technologies investors
InvestorRounds
PJM AdvisorsSeries B
Gaspar Global VenturesSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 22, 2026

    Monthly visitors increased 34% MoM.

  • Jun 13, 2026

    Supporting U.S. Army integrated tactical network programs.

Recent news

Latest coverage and updates

  • launchesJun 26, 2026

    Hoverfly Technologies, Inc. launched Hoverfly Elements at XPONENTIAL 2026 on Jun 24th '26.

Hoverfly Technologies Filings

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Hoverfly Technologies filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Hoverfly Technologies's valuation, stock price, and market status.

Is Hoverfly Technologies a public or private company?

Hoverfly Technologies is a private company.

What is the current stock price of Hoverfly Technologies?

Hoverfly Technologies is a private company with no public stock price. No recent secondary market data is available.

How much is Hoverfly Technologies worth (valuation)?

Hoverfly Technologies's valuation is estimated at $100.0M based on funding round data.

Can I buy Hoverfly Technologies stock?

Hoverfly Technologies shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Hoverfly Technologies's last funding round?

Hoverfly Technologies's most recent funding round was Series B on October 8, 2025.

Who are the main investors in Hoverfly Technologies?

Key investors in Hoverfly Technologies include PJM Advisors, Gaspar Global Ventures.

Will Hoverfly Technologies IPO soon?

No public IPO plans have been announced for Hoverfly Technologies.

How can I track Hoverfly Technologies secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Hoverfly Technologies's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSanford, Florida
Employee Range60
Year Founded2010
Last FundingOct 8, 2025

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