Tech Company Financing Transactions
Sagetech Avionics Funding Round
Sagetech Avionics, based in White Salmon, raised $12 million from Due West Partners and private investors.
Transaction Overview
Company Name
Announced On
7/1/2021
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Due West Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its Engineering and Go-To-Market teams and accelerate its product roadmap, specifically UAS Detect and Avoid (DAA) capability and other related technologies.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1000 E Jewett Blvd.
White Salmon, WA 98672
USA
White Salmon, WA 98672
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Sagetech Avionics is an aerospace technology company, empowering safe flight in unmanned aircraft with situational awareness solutions built from mission-critical transponders, software, and related technologies. Sagetech Avionics is a new company, with seasoned products and leadership, carved out in 2019 from the previous entity of Sagetech Corporation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Furey
Chief Financial Officer
Nathan Chandrasekaran
Chief Scientific Officer
Pooneet Goel
Chief Technical Officer
Matthew Hamilton
VP - Customer Service
David Day
VP - Marketing
Ashley McKinney
VP - Sales
Tony Dirks
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