Founding Year2015TractionHylio is at the intersection of the Agricultural Equipment Market, Global Drone Market, Agtech Market, and the Precision Agricultural Market. They have customers across 6 countries and their YoY sales have been growing at a 347.25% average rate since 2019.Revenue Amount$30,000,000Organizations InvolvedGovernment of El Salvador, Texas A&M, RiceTec, Mitre Corporation, AgEagle, King Ranch, 21st Century EquipmentFoundersArthur Erickson, Nikhil Dixit, Mike OdaMarketPrecision AgricultureLocationRichmond, TX, USCoinvestorsStartEngine Capital, LLC Company Description
Hylio develops and offers innovative drone systems that completely automate precision agriculture processes. Using Hylio’s technology, farmers/producers can now apply crop treatments directly to problem areas, allowing farmers to increase yields by addressing pests and deficiencies with more accuracy and efficacy.