FundedIQ
Drones

Hoverfly: Funding, Investors & Team (Sep 2026)

Hoverfly Technologies designs and manufactures tethered drone systems that support defense and security operations.

www.hoverflytech.com LinkedIn Sanford, United States 101-250 employees
Total raised
$20.0M
Rounds
1
Latest
Series B
Oct 2025

Hoverfly has raised $20.0M across 1 funding round on record, the most recent a Series B of $20.0M announced in Oct 2025.

That round is above the $7.5M median round size for United States companies tracked on FundedIQ over the last two years.

Hoverfly Company Profile and Key Stats

Total funding raised
$20.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series B
$20.0M in Oct 2025
Employees
101-250
reported band
Headquarters
Sanford, United States

Latest funding round on record: Oct 2025.

Hoverfly Funding Rounds

Date
Round
Amount
Series B
$20.0M

Hoverfly Founders and Leadership Team

Name
Role
Contact
Stacey Ducharme
Founder
Steve Walters
CEO
Locked

Contact details for the Hoverfly team: 1 of 2 have an email address on file, 1 has a LinkedIn profile.

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Hoverfly Funding in Context

Segment
Companies
Median round
29,878
$7.5M
4,323
$30M

Hoverfly's latest round of $20.0M is above the median round in United States. Medians cover the last 24 months of disclosed rounds.

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Hoverfly Funding FAQs

What does Hoverfly do?

Hoverfly Technologies designs and manufactures tethered drone systems that support defense and security operations.

How much funding has Hoverfly raised?

Hoverfly has raised $20.0M across 1 round on record. The most recent is a Series B of $20.0M announced in Oct 2025.

When did Hoverfly last raise funding?

Hoverfly's most recent funding round on record is a Series B of $20.0M, announced in Oct 2025.

Who founded Hoverfly?

FundedIQ lists Stacey Ducharme (Founder) at Hoverfly.

Who is the CEO of Hoverfly?

Steve Walters is listed as CEO at Hoverfly.

Where is Hoverfly headquartered?

Hoverfly is based in Sanford, United States.

How many employees does Hoverfly have?

Hoverfly is in the 101-250 employee band.

About FundedIQ's Hoverfly Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Hoverfly is left off this page rather than filled in.

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