Performance Drone Works key facts
as of Oct 2026- Developer of unmanned aerial systems (UAS) designed for military and public safety operations.
- Performance Drone Works is valued at approximately $730.0M as of Oct 2026 (last reported valuation).
- It has raised $235.8M across 2 recorded rounds; the latest was Series B ($110.0M) in Mar 2026.
- Notable investors include Alumni Ventures, Gaingels, Lux Capital, Lerer Hippeau, Scoop Ventures — 15 tracked in total.
- Status: Privately Held (backing).
Performance Drone Works's last reported valuation, Nov 2025. Nothing priced has surfaced since.
- ·The complete investor list: 15 names
- ·Everyone on the team, board and advisors included
- ·Watch Performance Drone Works: the Monday email on marks, rounds and moves
Performance Drone Works funding rounds
2 roundsPerformance Drone Works leadership
- Matt HigginsCo-Founder & Executive Chairman
- James SliderChief Executive Officer
- Ryan GuryCo-Founder & Chief Innovation Officer
- Dylan HammChief Technology Officer
Who backs Performance Drone Works
15+Membership and data by Private Market View
Performance Drone Works valuation
Performance Drone Works's last reported valuation was $730 million in Nov 2025. No priced round, secondary trade or fund mark has surfaced since.
How much has Performance Drone Works raised?
Performance Drone Works has raised $236 million in total; 2 of its rounds are on record. The largest on record was a $35 million strategic investment round in Nov 2025; the most recent was an $110 million Series B in Mar 2026.
Performance Drone Works investors
15 investors are on record for Performance Drone Works, including Alumni Ventures, Gaingels, Lux Capital and Lerer Hippeau. By type, the record holds 5 venture capital firms and 1 asset manager.
Who runs Performance Drone Works
8 people are listed on the Performance Drone Works team: 8 executives, including James Slider (Chief Executive Officer) and Matt Higgins (Co-Founder). 4 of them have a verified direct contact on file.
Comparable companies
Comparable defense names by valuation on PrivateMarketView: Helsing ($18 billion), Quantum Systems ($8 billion) and TEKEVER ($1.3 billion).
About Performance Drone Works
Developer of unmanned aerial systems (UAS) designed for military and public safety operations. The company designs, engineers, and manufactures multi-mission drones, including quadcopters and strike systems, along with mission planning software and training tools, enabling defense and law enforcement users to conduct surveillance and tactical operations in contested environments.
- Industry
- Defense
- Sector
- Business Products and Services (B2B)
- HQ
- Huntsville, AL, United States
- Founded
- 2019
- Employees
- 338
- Website
- pdw.ai/
- Ownership
- Privately Held (backing)
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