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Zipline Stock
Medical Drone Delivery
About Zipline Stock
Zipline develops and operates 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 delivery medical supplies within 30 minutes by parachute, so recipients don't have to interact with the drone.
The company has been delivering COVID-19 test samples in Accra and Kumasi.
Zipline was founded in 2014 and is headquartered in Half Moon Bay, California. The company launched in Rwanda in October 2016 and Ghana in April 2019. It has plans to launch in India and North Carolina. The company claims to make 500 deliveries a day.
Investors
Andreessen Horowitz
Lyft, Airbnb, Magic Leap, Instacart, Stripe, Robinhood, Pinterest, Slack, Rappi, Dollar Shave Club
BoxGroup
Scopely, Dataminr, Blue Apron, Plaid, Zipline, Matterport, Flatiron Health, PillPack, Guideline, MIRROR
CapitalG (formerly Google Capital)
Magic Leap, Oscar Health, FanDuel, Gusto, Freshworks, Thumbtack, Zipline, Pindrop, Credit Karma, Glassdoor
Felicis Ventures
Wish, Opendoor, Dollar Shave Club, Scopely, Guardant Health, Fitbit, Plaid, Jam City, Adyen, Chegg
Lerer Hippeau Ventures
Scopely, BuzzFeed, Casper, Zipline, Glossier, Doctor On Demand, Giphy, NewsCred, Reonomy, Percolate
Morado Venture Partners
Sequoia Capital
Market Kurly, OYO, Airbnb, DoorDash, Instacart, Stripe, Moderna Therapeutics, Robinhood, Nubank, Rappi
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 |
Management
Chief Executive Officer
Keller Rinaudo
Press
TechCrunch - May, 26 2020
CNBC - Apr, 20 2020
Payments Journal - Jan, 14 2020
cnbc - May, 17 2019
TechCrunch - May, 17 2019
wired - Apr, 27 2019
Fast Company - Apr, 24 2019
Other Companies
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