Skydio
- π¦Became a unicorn2021
- πPeak valuation$2.5 Billion β23
- πBecame a Unitard2025
- πΈLast valuation~$500M
How it happened
Skydio is a US maker of autonomous drones for defense, public safety and enterprise inspection, and became the most valuable American drone startup. Backed by a16z, IVP and UP.Partners, it reached a ~$2.5B valuation in a 2023 Series E, and although it pivoted successfully toward defense, the broad repricing of richly valued startups caught up with it: with no new priced round, PitchBook estimated its value near $509M by late 2025, roughly 80% below peak. Glassdoor reviews stayed largely enthusiastic about the tech, mission and talent, but consistently described an intense grind of long hours and lean teams β and, through 2024-25, higher turnover and lean benefits held down to preserve runway, with a payout still distant.
Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor β. See our methodology.
Source: PitchBook / Fortune (US autonomous-drone maker backed by Andreessen Horowitz, IVP and UP.Partners; became a unicorn in 2021 and reached a ~$2.5B valuation in a 2023 Series E; PitchBook estimated its value had fallen to ~$509M by December 2025, an ~80% markdown, despite winning defense and public-safety contracts)


