FlyGuys Closes Out $4 Million Collection A Spherical Funding | sUAS Information

A bunch of Southern Louisiana particular person buyers, lots of whom invested in Waitr, have closed out a $4 million Collection A funding spherical by investing $2 million into Lafayette-based nationwide drone service supplier FlyGuys. The earlier $2 million funding supplied by Benefit Capital in reference to the Louisiana New Markets Tax Credit score program obtained in 2021 has already allowed FlyGuys to start the scaling course of. The brand new funding will enable for additional growth and progress.

FlyGuys, which has an workplace in downtown Lafayette, plans to create dozens of recent jobs within the coming years for the Lafayette space.

“Our group enjoys fueling progress and creating jobs for Louisiana’s comparatively new expertise ecosystem,” says Joe Stough, FlyGuys’ Government Chairman. “We put money into corporations with massive addressable markets, scalable enterprise fashions, robust proof of product-market match, and most significantly, humble, coachable management. FlyGuys match this mildew properly, and we’re thrilled to be part of one other thrilling tech story for Louisiana.”

“FlyGuys could be very fortunate to have the assist of so many Louisiana natives,” says Adam Zayor, CEO of FlyGuys. “With assist from enterprise leaders reminiscent of Joe Stough, FlyGuys will proceed to assist develop Louisiana’s tech scene.”

FlyGuys is a nationwide drone providers firm that delivers aerial knowledge assortment options for a lot of industrial industries and public sector entities, together with Vitality, Agriculture, Building, Engineering, Transmission & Distribution, Transportation, and others. From RGB and Infrared to LiDAR and Multispectral sensors, FlyGuys presents constant high quality knowledge assortment at standardized costs.

Benefit Capital gives financing to established and rising corporations positioned in communities underserved by typical sources of capital. Since 1992, the agency has invested greater than $3.8 billion in corporations from a various array of trade sectors and has helped assist greater than 65,000 jobs. Study extra at www.advantagecap.com, or through Twitter or LinkedIn.