{"id":14570,"date":"2019-03-27T17:03:19","date_gmt":"2019-03-27T17:03:19","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/enterprise-drone-service-kespry-raises-new-funding-from-salesforce-ventures.html"},"modified":"2019-03-27T17:03:19","modified_gmt":"2019-03-27T17:03:19","slug":"enterprise-drone-service-kespry-raises-new-funding-from-salesforce-ventures","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/enterprise-drone-service-kespry-raises-new-funding-from-salesforce-ventures.html","title":{"rendered":"Enterprise drone service Kespry raises new funding from Salesforce Ventures"},"content":{"rendered":"

Kespry<\/a>, a company that offers industrial users a subscription-based drone service, today announced that it has raised funding from Salesforce Ventures, marking that firm\u2019s first hardware investment. With this, Salesforce and Kespry <\/a> are also partnering around bringing Kespry\u2019s drone services for the insurance industry to Salesforce\u2019s own tools for this vertical. Sadly, the companies did not disclose the actual funding amount, but our understanding is that it\u2019s a substantial amount that\u2019s comparable to other Salesforce Ventures investments<\/a>.<\/p>\n

With its focus on industrial use cases, the company, which was founded in 2013, has developed a strong foothold in the mining and aggregates space, where it offers tools for doing volumetric measurements of stockpiles based on the imagery it captures from its drones, for example. In addition, though, the company also focuses on the construction, insurance and \u2014 most recently \u2014 energy sector.<\/p>\n

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Today, Kespry has more than 300 customers, the company\u2019s CEO George Mathew tells me. More than 200 of those are in the mining and aggregates business and more than 40 of these signed up for the company\u2019s services in the last 12 months alone.<\/p>\n

So while drones may not be at the top of the hype cycle right now, those companies that found their niche early on are clearly thriving. \u201cDrones are very much a vibrant and moving landscape in terms of how much activity has gone on,\u201d he said. \u201cFor us, we\u2019ve been largely and continuously focused on the commercial aspects of the market that we can solve for really difficult industrial challenges. [\u2026] But I think others have had some challenges because it\u2019s not the most straightforward thing to figure out a viable business model for scale in the drone space.\u201d<\/p>\n

Mathew argues that Kespry\u2019s subscription model and the fact that it offers an end-to-end hardware and software solution is one of the reasons the company is thriving today.<\/p>\n

The Salesforce investment came about thanks to a chance encounter with that company\u2019s CEO, Marc Benioff, at an industry event. As Salesforce was looking to offer more vertically oriented applications for the insurance industry, there was clearly a role for Kespry in this business. \u201cWe saw a lot of need in the insurance space to get a claim processed when it comes to physical damage that may have occurred after a catastrophic event,\u201d Mathew said. In those cases, Salesforce\u2019s tools may be used to dispatch adjudicators already and these claims adjusters often also use Kespry\u2019s services to fly the drones to assess roof damage, for example.<\/p>\n

Kespry also signed on to Saleforce\u2019s Pledge 1%<\/a> program; as part of this, it contributes one percent of its employees\u2019 time to corporate social responsibility and charitable endeavors.<\/p>\n

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Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/AUOpjtKixko\/<\/p>","protected":false},"excerpt":{"rendered":"

Kespry, a company that offers industrial users a subscription-based drone service, today announced that it has raised funding from Salesforce Ventures, marking that firm\u2019s first hardware investment. With this, Salesforce <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-14570","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t