Drones & UAVs
Robotics
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Overview
Salaries
Products
People
Growth
Offices
Financials
Funding and backers
Total raised
$1.2M
11 rounds on record
Latest round
$1.2M
Venture round · Jan 2021 · 5 yr ago
Team
11-50
employees, estimated range
Grants
$5.4M
10 grants · CORDIS
Revenue
$1M
2023 · SEC Form D 0001842368-24-000002
Backers
1
Techstars
The money's age
Long since its last round
69 months since the last round · not hiring
Momentum
0/100
no fresh signals
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Jan 20, 2025
Won a grant $75k · CORDIS
Dec 20, 2024
Won a grant $2M · CORDIS
May 13, 2024
Won a grant $75k · CORDIS
Jul 5, 2022
Won a grant $250k · CORDIS
Apr 29, 2022
Won a grant $1.2M · CORDIS
Mar 15, 2021
Won a grant $733k · CORDIS
Feb 26, 2021
Won a grant $50k · CORDIS
Mar 9, 2020
Won a grant $50k · CORDIS
Sep 25, 2019
Won a grant $750k · CORDIS
Jan 31, 2019
Won a grant $75k · CORDIS
2017
Founded
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Grant | Jan 2025 | $75k | — | CORDIS |
| Grant | Dec 2024 | $2M | — | CORDIS |
| Grant | May 2024 | $75k | — | CORDIS |
| Grant | Jul 2022 | $250k | — | CORDIS |
| Grant | Apr 2022 | $1.2M | — | CORDIS |
| Grant | Mar 2021 | $733k | — | CORDIS |
| Grant | Feb 2021 | $50k | — | CORDIS |
| Venture round | Jan 2021 | $1.2M | — | SEC Form D |
| Grant | Mar 2020 | $50k | — | CORDIS |
| Grant | Sep 2019 | $750k | — | CORDIS |
| Grant | Jan 2019 | $75k | — | CORDIS |
Registers and programsofficial lists and records that name the company
| Legal entity | TARGET ARM INC. | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Jeffrey McChesneyExecutive Officer, DirectorSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
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People

Jeffrey McChesney
Executive Officer, Director

Douglas Neugold
Director

Eric Achtmann
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Offices
Where the company hires and what each office is for
Cities
2
Hiring now
0
Countries
1
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Headquarters
Builds here
Office with open vacancies
No open vacancies right now Tap a pin for the office
Ridgefield
United States
HQ
New Milford
United States
Regional office
458 Danbury Road, New Milford, CT, 06776-4380, US
Financials
Est. Annual Revenue
$500k
2023
Total raised
$6.6M
Latest round
Grant
Funding rounds
11
Revenue
Estimate
Low-high range
Modelled from public signals, not audited accounts - read it as an order of magnitude.
| Year | Estimate | Low | High |
|---|---|---|---|
| 2020 | $500k | $1 | $1M |
| 2023 | $500k | $1 | $1M |
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Grant | 2025 | $75k | Details |
| Grant | 2024 | $2M | Details |
| Grant | 2024 | $75k | Details |
| Grant | 2022 | $250k | Details |
| Grant | 2022 | $1.2M | Details |
| Grant | 2021 | $733k | Details |
| Grant | 2021 | $50k | Details |
| Venture - Series Unknown | 2021 | $1.2M | Details |
| Grant | 2020 | $50k | Details |
| Grant | 2019 | $750k | Details |
| Grant | 2019 | $75k | Details |

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