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Flyguys Closes Out $4 Million Series A Round Investment

May 04, 2022•over 3 years ago

Amount Raised

$4 Million

Round Type

series a

New Orleans

Description

A group of Southern Louisiana individual investors, many of whom invested in Waitr, have closed out a $4 million Series A funding round by investing $2 million into Lafayette-based nationwide drone service provider FlyGuys. The previous $2 million investment provided by Advantage Capital in connection with the Louisiana New Markets Tax Credit program received in 2021 has already allowed FlyGuys to begin the scaling process. The new investment will allow for further expansion and growth.

Company Information

Company

Fly Guys

Location

New Orleans, Louisiana, United States

About

FlyGuys is a nationwide drone services company that delivers aerial data collection solutions for many commercial industries and public sector entities including Energy, Agriculture, Construction, Engineering, Transmission & Distribution, Transportation, and more. Learn more at www.flyguys.com. Advantage Capital is an investment adviser registered under the Investment Advisers Act of 1940. Registration does not imply a certain level of skill or training. The information in this release is not intended to be an advertisement concerning investment advisory services or an offer to buy or sell securities of any type. Advantage Capital is an equal opportunity provider. The investments and portfolio companies referenced here represent only a sample of companies that have received investment capital from Advantage Capital-related entities. For a complete list of such companies, please see our website at advantagecap.com. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities highlighted herein or contained in any other information provided by Advantage Capital. Past performance is no guarantee of future results.