Data Science Company WeDoSky Raises Funding from Mumbai Angels Network
The funds will be used for the global expansion of ‘visualAI’™ and to integrate solutions for agriculture, infrastructure, and insurance industries after successfully assisting leading organizations in India.
Higher in resolution than Google Earth/Maps and updated as often as daily, WeDoSky’s Drone Data Science solutions help answer the 'What' and the 'Where' for a geographical area that needs to be monitored.
WeDoSky™ is a data science company focused on generating actionable business insights using drone imagery, to assist various industries like mining, construction, energy & solar. The data extraction and analysis is done using their proprietary software ‘visualAI’™. This is also offered as a standalone SaaS platform for Drone-enabled businesses across the globe. According to PricewaterhouseCoopers, Drone data for business intelligence is a $127 bn opportunity.
WeDoSky™ counts titans like Adani Enterprises, Tata Power, Azure Power, and ACC Cement amongst its many clients. The company was established in August 2014 when the founder, Jaspreet, thought of commercializing his passion in robotics and drone building. Noting the tremendous need for drone-based data in multiple industries, the team developed the software for improved project management. Reports laud the company’s solutions to be 72x faster than conventional survey technologies as it has a million+ data points with ground resolutions much higher than anything else currently available in the market.
WeDoSky™ has now raised its first round of investment from Mumbai Angels Network, after bootstrapping for over 2 years. The funds will be used for the global expansion of ‘visualAI’™ and to integrate solutions for agriculture, infrastructure, and insurance industries after successfully assisting leading organizations in India.
Jaspreet Makkar, Founder, WeDoSky™ has been featured in "Forbes 30 under 30" under Enterprise Technology category.
Ishan Singh, Deal Lead, Mumbai Angels Network said “I was impressed when I met Jaspreet in Jan 2017 and the business potential of the model was evident. After tracking his progress over the past few months, I am glad to lead the investment in this high potential company in a high growth industry. I further look forward to
welcoming the team at RevStart, the Co-Working, Incubation and Acceleration centre where I’d be able to personally oversee their growth, mentor them to achieve key milestones, along with helping the startup better market and promote its undertakings. With a strong team in place, I am positive that WeDoSky is set it to scale heights."
Jaspreet Makkar, Founder, WeDoSky, said “We are excited to be associating with leaders like Ishan Singh and Mumbai Angels Network to catapult WeDoSky's growth.. We are glad to be providing services that can eradicate inefficiency from growing sectors of Data Science and Drone imagery. We are charged to be the front-runners in initiating a change from experience driven decision making to data driven decisions“.