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. 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
- Founders George Bye
- SectorsTransportation, Automotive & LogisticsAerospace, Defense & Maritime
- Website byeaerospace.com
- Social LinkedIn X
- Legal Name Bye Aerospace, Inc.
- Total Equity Funding$53.87M (USD)
in 7 rounds
- Latest Funding Round$14.02M (USD), Series C
Nov 2022
- InvestorsFine Day Ventures
& 2 more
- Employee Count7
Products & Services of Bye Aerospace
Bye Aerospace offers a comprehensive portfolio of products and services, including eFlyer 2.
An all-electric training aircraft with zero emissions.
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 $53.87M
- Total Rounds 7
- Last Round Series C — $14.02M
- First Round $1.24M
(Dec 2012)
- Investors Count 3
All 7 funding rounds of Bye Aerospace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $14.02M | Series C | – | – | – |
| Oct 2021 | $19M | Series C | – | – | – |
| Mar 2020 | $10M | Series C | – | – | |
| Jan 2019 | $2M | Series C | – | – | – |
| Feb 2018 | $5M | Series C | – | Galileo Global Securities, Ashanti Capital | – |
| Nov 2017 | $2.62M | Series A | – | – | – |
| Dec 2012 | $1.24M | Seed | – | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in fintech, medtech, and multiple sectors are targeted. | – | finedayventures.com | - | |
- | – | galileoglobalsecurities.com | - | |
- | – | ashanticapital.com.au | - |
Investor details for Bye Aerospace
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People of Bye Aerospace
12 people are tracked at Bye Aerospace (3 in leadership, 8 in board & advisors, 1 in team); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
George Bye | Founder & CTO | Leadership |
Rod Zastrow | CEO | Leadership |
James P. Dunn | Chief Financial Officer | Leadership |
Carol Melton | Advisor | Board & advisors |
Mark Johnson | Advisor | Board & advisors |
Mark Armstrong | Strategic Advisor | Board & advisors |
Shari Goodstein | Advisor | Board & advisors |
James E. Stowers III | Strategic Advisor | Board & advisors |
Cassie Lee | Advisor | Board & advisors |
Frank Culbertson | Advisor | Board & advisors |
Robert King | Strategic Advisor | Board & advisors |
John Knudsen | General Counsel & EVP | Team |
Complete people profiles for Bye Aerospace
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Timeline of Bye Aerospace
3 dated milestones of Bye Aerospace across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Bye Aerospace is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series C, of $14.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| beyond-aero.com | 2020 | Toulouse, France | $47.52M | – | Hydrogen-powered electric aircraft are developed for aviation applications. | |
| skydweller.aero | 2019 | Alexandria, United States | $50.67M | – | Solar-powered unmanned perpetual flight vehicles are developed for various industries. | |
| heartaerospace.com | 2018 | Gothenburg, Sweden | $154.23M | – | Multi-seater commercial electric airplanes are developed by Heart Aerospace. | |
| zunum.aero | 2013 | Seattle, United States | – | 47 | Hybrid electric aircraft are developed for regional passenger flights. | |
| voltaero.aero | 2018 | Medis, France | $31.73M | – | Electric-hybrid aircraft and powertrains are developed for aviation uses. | |
| ampaire.com | 2016 | Long Beach, United States | $2.75M | 20 | Hybrid-electric propulsion systems for aviation are manufactured and developed. | |
| machindustries.co | 2020 | Huntington Beach, United States | $186.7M | – | Next-generation military aircraft are designed and developed for aviation platforms. | |
| tcabtech.com | 2021 | Shanghai, China | $34.73M | – | Developer of electric VTOL aircraft | |
| weflywright.com | 2016 | – | – | 14 | Commercial hybrid-electric airplanes are developed for regional flights. | |
| go-electra.com | 2020 | Paris, France | $518.58M | – | Fast charging solutions for electric vehicles are provided. |
Detailed competitors of Bye Aerospace
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Web traffic of Bye Aerospace
The website of Bye Aerospace (byeaerospace.com) receives about 3.2K visits a month.
- Monthly visits3.2K
▲ 110% vs previous month
Websites whose visitors overlap most with Bye Aerospace. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| merlinhawkaerospace.com | 100% | 1.1K | #11,906,842 | View details | |
| dcmaeronautique.com | 100% | – | – | View details | |
aerospace.or.kr | aerospace.or.kr | 100% | – | #689,214 | – |
| brsaerospace.com | 100% | – | #3,944,832 | View details |
Latest news on Bye Aerospace
Complete news archive for Bye Aerospace
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Similar companies to Bye Aerospace
10 companies that operate in the same segment as Bye Aerospace (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765.74 M | – | – | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.71 B | – | – | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.15 M | USD 391.37 M | 1,620 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 1,247 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – | |
Autonomous aerial vehicles are provided for consumer and commercial uses. | 2014 | Guangzhou, Guangdong, China | USD 94 M | USD 58.15 M | 483 |
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Frequently Asked Questions about Bye Aerospace
Bye Aerospace was founded in 2007 and raised its 1st funding round 5 years after it was founded.
Bye Aerospace is headquartered in Englewood, United States. It is registered at Englewood, New Jersey, United States.
Rod Zastrow is the current CEO of Bye Aerospace.
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 Seed of $1.24M, raised on Dec 2012.
Bye Aerospace has 7 employees.
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.
Bye Aerospace's top competitors include Beyond Aero, Skydweller and Heart Aerospace.
Bye Aerospace offers eFlyer 2.
Bye Aerospace has 3 investors. Key investors include Fine Day Ventures, Galileo Global Securities, and Ashanti Capital.
Bye Aerospace operates through Bye Aerospace, Inc..