Zipline Stock
Medical Drone Delivery
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About Zipline Stock
Zipline aims to develop and operate drones for the distribution of medicine in developing countries. The company aims to be a last-mile logistics company for medicine delivery in areas where typical transportation modes are unavailable. Doctors can place on-demand orders from Zipline's distribution centers, which are then shipped via Zipline's electric drones. Zipline aims to deliver medical supplies within 30 minutes by parachute, so recipients don't have to interact with the drone.
Zipline was founded in 2011 and is headquartered in San Francisco, California. Notable investors include Sequoia, Andreessen Horowitz, and Baillie Gifford.
Investors
Andreessen Horowitz
Lyft, Robinhood, Databricks, Airbnb, Instacart, Stripe, Magic Leap, Anduril Industries, Rappi, CoinSwitch Kuber
BoxGroup
Scopely, Dataminr, Zipline, Plaid, Workrise, Bowery Farming, Blue Apron, Guideline, VTS, Boxed
CapitalG (formerly Google Capital)
Magic Leap, Oscar Health, FanDuel, Gusto, Zipline, Thumbtack, Freshworks, Pindrop, Credit Karma, Glassdoor
Felicis Ventures
Wish, Scopely, Opendoor, Dollar Shave Club, Gusto, Coalition, Zipline, Plaid, Crusoe Energy Systems, Guild Education
Lerer Hippeau Ventures
Scopely, Zipline, BuzzFeed, Casper, Glossier, Doctor On Demand, Giphy, NewsCred, Reonomy, Percolate
Morado Venture Partners
Zipline, Getaround, TigerGraph, Evernote, Rigetti Computing, Optimus Ride, Osaro, Epic
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Subtraction Capital
Funding History
| July 2012 | $6.6M |
|---|---|
| June 2015 | $4.2M |
| June 2015 | $7.5M |
| July 2016 | $25.0M |
| March 2018 | $70.0M |
| March 2019 | $120M |
| December 2020 | $280M |
| April 2023 | $330M |
| April 2023 | $20.0M |
Management
Chief Executive Officer
Keller Rinaudo
Chief Business and Financial Officer
Deepak Ahuja
Press
TechCrunch - Mar, 17 2023
Zipline unveils cute little droid to make drone delivery more accurateTechCrunch - Dec, 16 2022
Zipline is now the national drone service provider for Rwandatechmoran - Oct, 27 2022
Zipline to launch countrywide drone delivery services in Kenyaengt - Oct, 5 2022
Zipline drones will deliver medicine to communities in Utahweetracker - Sep, 27 2022
Jumia & Zipline Launch Drone Package Delivery In GhanaTechCrunch - Sep, 11 2022
Zipline lands departing Verily CFO, Tesla veteran Deepak Ahujacnbc - Sep, 9 2022
Former Tesla CFO joins drone delivery startup ZiplineTechCrunch - Sep, 1 2022
Jumia, Zipline launch drone package delivery in Ghanawraltechwire - Jun, 28 2022
Novant Health expands partnership with Zipline for on-demand medication delivery – by dronelnkd - Jun, 22 2022
FAA certification puts drone firm Zipline in league of its ownbloomberg - Jun, 21 2022
Zipline’s Drone-Delivery Service Approved as Air Carrier by FAAjdsupra - Jun, 10 2022
Zipline Announces New Drone Detection and Avoidance Systemvanguardngr - Jun, 3 2022
Zipline, Kaduna begin drone deliveries to health facilitiescnet - Apr, 21 2022
Zipline Drones to Deliver Medicine to Remote Japanese Islandsseattlepi - Apr, 21 2022
US drone company Zipline starts delivering medicine in Japanseq - Mar, 31 2022
Zipline’s Stratospheric Strategy to Drop the World in Your Backyardbuff - Feb, 3 2022
Magellan Health partners with Zipline to deliver prescriptions by dronee27 - Dec, 8 2021
How Zipline builds strong teams in the markets they are expanding tothestreet - Nov, 18 2021
Walmart, Via Zipline, Starts Delivering Orders By Dronedlvr - Jun, 30 2021
Zipline raises $250M at $2.75B valuation to build out its instant logistics serviceaxios - Feb, 6 2021
Zipline prepares to airlift COVID-19 vaccinesTechCrunch - Sep, 14 2020
Walmart expands drone delivery tests to Arkansas with new Zipline partnershipScientect.com - Aug, 19 2020
Drone Package Delivery Market Robust Pace of Industry During 2023-2030Fast Company - May, 27 2020
The first long-distance drone deliveries in the U.S. are bringing PPE to healthcare workersTechCrunch - May, 26 2020
Zipline begins US medical delivery with UAV program honed in AfricaCNBC - Apr, 20 2020
Zipline begins drone delivery of Covid-19 test samples in GhanaPayments Journal - Jan, 14 2020
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