Volansi was an American unmanned aerial systems company that designed long-range, heavy-payload vertical take-off and landing (VTOL) drones for commercial, medical, and defense logistics. Its VOLY platform delivered cargo to remote and contested locations, including humanitarian medical supply runs in Puerto Rico. Founded by ex-Tesla and Lucid Motors engineers and backed by Y Combinator, it filed for assignment for creditors in 2022 and its assets were acquired by Sierra Nevada Corporation.
Volansi has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
51–200
Total Funding
$75M
2 rounds
Total raised $75M across 2 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-11-2026
Latest Round
Type
Series B
Date
September 15, 2020
Amount
$50M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| September 15, 2020 | Series B | $50M | — | Icon Ventures |
| May 13, 2019 | Series A | $20M | — | Lightspeed Venture Partners |
Hannan Parvizian
Co-Founder & CEO
Wesley Zheng
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Zipline
Long-range autonomous drone delivery company focused on medical and commercial logistics; San Francisco-based and a direct competitor to Volansi in middle/long-range cargo delivery.
Matternet
Urban drone logistics company developing autonomous on-demand delivery networks, particularly for healthcare and BVLOS operations.
Wingcopter
German manufacturer of electric VTOL delivery drones used for medical, humanitarian, and commercial middle-mile logistics.
Elroy Air
Develops autonomous hybrid-electric VTOL cargo aircraft (Chaparral) for middle-mile logistics; competes directly with Volansi's Voly platform niche.
Wing (Alphabet)
Alphabet-owned drone delivery operator providing commercial last-mile drone delivery services, competing in the broader autonomous aerial logistics market.
Skyports
UK-based drone logistics and vertiport operator offering BVLOS cargo delivery for healthcare, offshore energy, and commercial customers.
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