About AirTran Airways
AirTran Airways is a company based in Ocala (United States) founded in 1993 was acquired by Southwest Airlines in September 2010.. AirTran Airways has raised $16.8 million across 2 funding rounds from investors including Southwest Airlines, Comvest Partners and Valujet Airlines. AirTran Airways offers products and services including Airline Tickets and Low Fares.
- Headquarter Ocala, United States
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Phone
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Website
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Social
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- Legal Name Southwest Airlines Co.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.8 M (USD)
in 2 rounds
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Latest Funding Round
$16.8 M (USD), Series B
Jun 04, 2008
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Investors
Southwest Airlines
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of AirTran Airways
AirTran Airways offers a comprehensive portfolio of products and services, including Airline Tickets and Low Fares. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tickets for flights are sold at competitive prices to facilitate passenger travel.
Low-cost fare structures are implemented to support budget-friendly air transportation.
Funding Insights of AirTran Airways
AirTran Airways has successfully raised a total of $16.8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $16.8 million completed in June 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $16.8M
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First Round
First Round
(04 Jun 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2008 | Amount | Debt – Convertible - AirTran Airways | Valuation |
investors |
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| Jun, 2008 | Amount | Series B - AirTran Airways | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AirTran Airways
AirTran Airways has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Southwest Airlines, Comvest Partners and Valujet Airlines. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and credit investment services for North American middle-market companies.
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Founded Year | Domain | Location | |
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Offers passenger and cargo transportation services
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AirTran Airways
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AirTran Airways
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Airtran Airways Comparisons
Competitors of AirTran Airways
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about AirTran Airways
When was AirTran Airways founded?
AirTran Airways was founded in 1993 and raised its 1st funding round 15 years after it was founded.
Where is AirTran Airways located?
AirTran Airways is headquartered in Ocala, United States. It is registered at Ocala, Florida, United States.
Is AirTran Airways a funded company?
AirTran Airways is a funded company, having raised a total of $16.8M across 2 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $3.5M, raised on Jun 04, 2008.
What does AirTran Airways do?
AirTran Airways was established in 1993 in Ocala, United States, as a low-cost carrier in the aviation sector. Daily operations encompassed around 700 flights, with services focused on the eastern and midwestern regions. The fleet was composed of Boeing 717-200 and Boeing 737-700 aircraft, positioning it as the largest operator of the former model globally. Full integration into Southwest Airlines was completed by the end of 2014.
What products or services does AirTran Airways offer?
AirTran Airways offers Airline Tickets and Low Fares.
Who are AirTran Airways's investors?
AirTran Airways has 3 investors. Key investors include Southwest Airlines, Comvest Partners, and Valujet Airlines.