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DateInvestorsAmountRound

$10.5m

Early VC
Total Funding000k
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Talon Aerolytics, Inc., founded in 2015 by Tim Dunnigan, operates as a specialized provider of workflow automation and team collaboration software for industrial inspection applications. Based in West Point, Georgia, the company has established itself by integrating smart workflows, contextualized visual data, and machine learning tools to deliver detailed asset information. Majority-owned by ITC Capital Partners, Talon has a significant financial backing from a portfolio company with a long history in telecommunications, technology, and software. In 2016, the company secured $10.5 million in a Series A funding round, which has supported its growth and technological development.

The core of Talon's business is its software platform, which facilitates data collection, creates customized workflows, and enables real-time analysis for commercial applications. This platform is designed to transform unstructured data like video and images into high-fidelity digital twins and actionable insights. A key product, Talonview, is a live video transmission platform that allows for real-time data streaming from drones during flight. The company also offers managed services, leveraging a global data capture network of drone operators to provide comprehensive inspection support. This service includes 360-degree data capture for both aerial and ground facilities, utilizing video, LiDAR, X-Ray, and IR technologies. Patented automated drone flight patterns are a feature of their data capture process.

Talon serves a diverse client base across multiple sectors, including wireless telecom, broadband infrastructure, electric utilities, renewable energy, security, and construction. The company supports customers in 116 countries, with notable clients such as Verizon, Nokia, Ericsson, and T-Mobile US. For the wireless industry, Talon's AI-powered solutions are used to validate asset inventories on cell towers, with one project analyzing over 30,000 towers with 96% accuracy. In the electric utility sector, hybrid teams of drone operators and certified linemen use the platform to standardize and automate network inspections. The business model centers on providing its software-as-a-service (SaaS) platform combined with these managed data capture services, aiming to reduce operational costs and improve inspection cycle times for its clients.

Keywords: industrial inspection software, workflow automation, asset management, drone inspection services, visual data analytics, machine learning, digital twin technology, telecom infrastructure inspection, utility inspection, data capture network, aerial data acquisition, remote asset monitoring, infrastructure lifecycle management, AI-powered inspection, Talonview, construction technology, renewable energy inspection, broadband network maintenance, enterprise SaaS, field service management, computer vision AI, asset digitization, data collaboration platform, predictive analytics

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