About Bye Aerospace
Bye Aerospace is a company based in Englewood (United States) founded in 2007 by George Bye. It operates as a Product-as-a-Service. Bye Aerospace has raised $53.87 million across 7 funding rounds from investors including Fine Day Ventures, Galileo Global Securities and Ashanti Capital. The company has 7 employees as of December 31, 2023. Bye Aerospace offers products and services including eFlyer 2. Bye Aerospace operates in a competitive market with competitors including Beyond Aero, Skydweller, Heart Aerospace, Zunum Aero and VoltAero, among others.
- Headquarter Englewood, United States
- Employees 7 as on 31 Dec, 2023
- Founders George Bye
-
Sectors
Transportation, Automotive & LogisticsAerospace, Defense & Maritime
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Bye Aerospace, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$53.87 M (USD)
in 7 rounds
-
Latest Funding Round
$14.02 M (USD), Series C
Nov 01, 2022
-
Investors
Fine Day Ventures
& 2 more
-
Employee Count
7
as on Dec 31, 2023
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Bye Aerospace
Bye Aerospace offers a comprehensive portfolio of products and services, including eFlyer 2. 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.
An all-electric training aircraft with zero emissions.
Unlock access to complete
Unlock access to complete
Funding Insights of Bye Aerospace
Bye Aerospace has successfully raised a total of $53.87M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $14.02 million completed in November 2022. 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 7
- Last Round Series C — $14.0M
-
First Round
First Round
(06 Dec 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series C - Bye Aerospace | Valuation |
investors |
|
| Oct, 2021 | Amount | Series C - Bye Aerospace | Valuation |
investors |
|
| Mar, 2020 | Amount | Series C - Bye Aerospace | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bye Aerospace
Bye Aerospace has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Fine Day Ventures, Galileo Global Securities and Ashanti Capital. 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 |
|---|---|---|---|---|
|
Early-stage investments in fintech, medtech, and multiple sectors are targeted.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Bye Aerospace
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Bye Aerospace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bye Aerospace Comparisons
Competitors of Bye Aerospace
Bye Aerospace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Beyond Aero, Skydweller, Heart Aerospace, Zunum Aero and VoltAero, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hydrogen-powered electric aircraft are developed for aviation applications.
|
|
| domain | founded_year | HQ Location |
Solar-powered unmanned perpetual flight vehicles are developed for various industries.
|
|
| domain | founded_year | HQ Location |
Multi-seater commercial electric airplanes are developed by Heart Aerospace.
|
|
| domain | founded_year | HQ Location |
Hybrid electric aircraft are developed for regional passenger flights.
|
|
| domain | founded_year | HQ Location |
Electric-hybrid aircraft and powertrains are developed for aviation uses.
|
|
| domain | founded_year | HQ Location |
Hybrid-electric propulsion systems for aviation are manufactured and developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Bye Aerospace
Frequently Asked Questions about Bye Aerospace
When was Bye Aerospace founded?
Bye Aerospace was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Where is Bye Aerospace located?
Bye Aerospace is headquartered in Englewood, United States. It is registered at Englewood, New Jersey, United States.
Who is the current CEO of Bye Aerospace?
Rod Zastrow is the current CEO of Bye Aerospace.
Is Bye Aerospace a funded company?
Bye Aerospace is a funded company, having raised a total of $53.87M across 7 funding rounds to date. The company's 1st funding round was a Series C of $10M, raised on Dec 06, 2012.
How many employees does Bye Aerospace have?
As of Dec 31, 2023, the latest employee count at Bye Aerospace is 7.
What does Bye Aerospace do?
Bye Aerospace is engaged in the development of electric aviation solutions. The company is recognized for its eFlyer series, which includes fixed-wing aircraft designed for the aviation training sector. These aircraft are built to be FAA-certified, zero-emission, and cost-effective with low-drag and low-noise features. Safety enhancements and intelligent systems are integrated to support efficient operations. The focus is placed on transforming flight schools with sustainable and innovative technology.
Who are the top competitors of Bye Aerospace?
Bye Aerospace's top competitors include Beyond Aero, Skydweller and Heart Aerospace.
What products or services does Bye Aerospace offer?
Bye Aerospace offers eFlyer 2.
Who are Bye Aerospace's investors?
Bye Aerospace has 3 investors. Key investors include Fine Day Ventures, Galileo Global Securities, and Ashanti Capital.