Airspeed
Airspeed is a technology company.
Financial History
Airspeed has raised $5.0M across 1 funding round.
Frequently Asked Questions
How much funding has Airspeed raised?
Airspeed has raised $5.0M in total across 1 funding round.
Airspeed is a technology company.
Airspeed has raised $5.0M across 1 funding round.
Airspeed has raised $5.0M in total across 1 funding round.
Airspeed has raised $5.0M in total across 1 funding round.
Airspeed's investors include Greylock, Insight Partners, Amr Awadallah, Jarl Mohn, Kevin Lin, Mark Pincus, Nate Mitchell, William Hockey.
Airspeed refers to multiple entities, but no single prominent technology company matches the query precisely. The closest matches include Airspeed LLC, a manufacturing firm founded in 1995 specializing in plastic injection moldings, metal casting, cables, and electronics components for OEMs like IBM and HP[1]; Airspeed IT, a managed IT services provider offering proactive support, cloud solutions, and industry-specific expertise in sectors like finance, insurance, legal, and medical devices[2]; and a VC-backed Airspeed (per CB Insights), a platform for employee connections via matching, scheduling, and HR tool integrations, which raised seed funding and a $2.5M line of credit as of 2023[4]. Other variants include Airspeed Online (aviation podcasting)[3], Airspeed Electronics (acoustic drone detection tech)[5], and a Slack-based teammate connection app[6]. For the VC-backed employee platform, it builds software to boost engagement through random connections, serving enterprises, startups, and teams, solving isolation in remote/hybrid work; Airspeed IT targets businesses needing scalable IT management, solving downtime and cost issues with proven savings like $6K/year for clients[2][4].
These span manufacturing-to-SaaS, with growth in IT services (e.g., medical startups scaling remotely) and employee tools amid hybrid work trends, but lack unified "technology company" dominance[1][2][4].
Airspeed LLC originated in 1995 as a US-UK partnership: Scott Clendenin (independent), Bud Meade (Mercury Aircraft), and Mike Klincke (High Speed Production), aiming to supply global manufacturing for electronics OEMs. By 1999, it expanded to Hong Kong/China amid production shifts; in 2000, Clendenin and Meade bought out Klincke, enabling key management ownership. It peaked at 2-4M PC/server chassis yearly (1996-2003), pivoted to telecom/industrial/LED by 2004, acquired cable ops in 2001 (renamed AirConnect in 2007), and built a new Dong Guan facility by 2011 with clean rooms and machining[1].
Airspeed IT's backstory emphasizes proven IT management for complex worlds, with success stories like enabling a medical device startup's remote QuickBooks/All Orders via cloud (modern infrastructure) and upgrading a tractor dealership's connectivity[2]. The CB Insights Airspeed launched around 2021, securing seed VC from Venrock and others, focusing on employee matching software akin to Random Coffee[4]. Airspeed Electronics developed acoustic C-UAS sensors with NVIDIA GPUs for drone tracking, without detailed founding dates[5].
These Airspeeds ride distinct trends: LLC taps Asia manufacturing shifts for electronics/telecom supply chains, influencing OEM resilience amid PC maturity[1]. Airspeed IT addresses hybrid work IT pains, scaling for distributed teams in regulated sectors like medical/finance, amid rising cloud demand[2]. The employee platform counters remote isolation, aligning with post-2020 culture tools market (e.g., vs. Random Coffee), fueled by VC in engagement SaaS[4][6]. Drone tech leverages defense/security needs for passive surveillance, with acoustic fusion ideal for noisy urban/rural gaps where radar falls short[5]. Timing favors all amid supply chain localization, IT outsourcing, and AI-enhanced employee/drone tech, though fragmented branding limits ecosystem influence.
Fragmentation across manufacturing, IT, and SaaS suggests "Airspeed" as a common name without a tech unicorn; the VC-backed employee platform holds most startup momentum post-2023 funding, potentially expanding AI matching amid hybrid permanence[4]. Airspeed IT could grow via sector scalability, while drone tech scales for C-UAS amid rising threats[2][5]. Trends like AI integration, supply chain onshoring, and remote tools will shape paths—watch for consolidation or rebrands. This diversity underscores nimble adaptation over singular dominance, echoing the query's tech pivot spirit.
Airspeed has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $5.0M Seed | Greylock, Insight Partners, Amr Awadallah, Jarl Mohn, Kevin Lin, Mark Pincus, Nate Mitchell, William Hockey |