SkyRyse, a Hayward, CA-based technology-enabled air mobility company, raised $25m in seed and Series A funding.
The rounds were led by Venrock, with participation from
- Stanford University,
- Industry Ventures,
- Trucks VC,
- Cantos, and
- Engage Ventures.
Founded in 2016 by Mitch Adler and Mark Groden, SkyRyse has built an advanced pilot assistance system (APAS) that combines:
- Artificial Intelligence,
- a flight perception suite, and
- decision-making algorithms to lessen the pilot’s workload and reduce human error.
It works with any FAA-approved vertical takeoff and landing (VTOL) aircraft.
In January 2019, SkyRyse plans to begin operations in Tracy, California, where it will provide support to the city’s emergency response units, including law enforcement, search and rescue missions, and firefighters.
The company’s Air Emergency Response service is available to state and local governments to connect first-responders, law enforcement and firefighters with emergency scenes in minutes, regardless of location. The SkyRyse service will include:
- FAA-approved VTOL aircraft equipped with its APAS,
- a mobile application, and
- a network of trained pilots to safely transport emergency responders four-times faster than ground response systems.