About Berry Aviation
Berry Aviation is a company based in Austin (United States) founded in 1983 by Sonny Berry was acquired by Acorn Growth Companies in July 2018. It operates as a Managed Services, and On-Demand Services. Berry Aviation has raised $24.5 million across 4 funding rounds from investors including IBC Funds and Acorn Capital Management. The company has 16 employees as of December 31, 2022. Berry Aviation offers products and services including Government & Defense Services, On Demand Cargo, and Maintenance and Repair.
- Headquarter Austin, United States
- Employees 16 as on 31 Dec, 2022
- Founders Sonny Berry
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Berry Aviation, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.5 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
IBC Funds
& 1 more
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Employee Count
16
as on Dec 31, 2022
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Acquired by
Acorn Growth Companies
(Jul 16, 2018)
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Products & Services of Berry Aviation
Berry Aviation offers a comprehensive portfolio of products and services, including Government & Defense Services, On Demand Cargo, and Maintenance and Repair. 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.
Support is provided for government and defense aviation needs.
Cargo transport is offered on a non-scheduled basis.
Aircraft maintenance and component repair are expertly handled.
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Funding Insights of Berry Aviation
Berry Aviation has successfully raised a total of $24.5M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(12 Nov 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2015 | Amount | Private Equity Round - Berry Aviation | Valuation | IBC Funds |
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| Jan, 2015 | Amount | Debt – Conventional - Berry Aviation | Valuation |
investors |
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| Dec, 2011 | Amount | Debt – Conventional - Berry Aviation | 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 Berry Aviation
Berry Aviation has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include IBC Funds and Acorn Capital Management. 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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Providing junior capital solutions to lower middle market companies through subordinated debt and equity financing.
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Founded Year | Domain | Location | |
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A private equity firm focused on aerospace and defense sectors.
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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 Berry Aviation
| 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 - Berry Aviation
| 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 |
Berry Aviation Comparisons
Competitors of Berry Aviation
| 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 Berry Aviation
When was Berry Aviation founded?
Berry Aviation was founded in 1983 and raised its 1st funding round 28 years after it was founded.
Where is Berry Aviation located?
Berry Aviation is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of Berry Aviation?
Sonny Berry is the current CEO of Berry Aviation. They have also founded this company.
Is Berry Aviation a funded company?
Berry Aviation is a funded company, having raised a total of $24.5M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $4.3M, raised on Nov 12, 2011.
How many employees does Berry Aviation have?
As of Dec 31, 2022, the latest employee count at Berry Aviation is 16.
What does Berry Aviation do?
Berry Aviation is established as a trusted provider of private aviation solutions, with over 35 years of experience. Services are offered to the U.S. Government, Department of Defense, and commercial clients through innovative and reliable support. Operations include government and defense contracting, on-demand cargo transport, and aircraft maintenance. The company is focused on safety, security, and mission excellence across various sectors, maintaining a fleet of over 30 aircraft and multiple satellite locations on three continents.
What products or services does Berry Aviation offer?
Berry Aviation offers Government & Defense Services, On Demand Cargo, and Maintenance and Repair.
Who are Berry Aviation's investors?
Berry Aviation has 2 investors. Key investors include IBC Funds, and Acorn Capital Management.