About CoFlyt
CoFlyt is a company based in Starkville (United States) founded in 2018 by Tal Clark and Stephen Rainey.. CoFlyt has raised $500 thousand across 1 funding round. CoFlyt offers products and services including Coflyt App. CoFlyt operates in a competitive market with competitors including CAMP, Rockwell Collins, Flightdocs, OpenAirlines and Jet Token, among others.
- Headquarter Starkville, United States
- Founders Tal Clark, Stephen Rainey
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$500 K (USD)
in 1 rounds
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Latest Funding Round
$500 K (USD), Seed
May 12, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of CoFlyt
CoFlyt offers a comprehensive portfolio of products and services, including Coflyt App. 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.
App for tracking maintenance and scheduling aircraft operations
Funding Insights of CoFlyt
CoFlyt has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in May 2020. 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 1
- Last Round Seed — $500,000
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First Round
First Round
(12 May 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Seed - CoFlyt | Valuation |
investors |
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| 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 |
Investments & Acquisitions by CoFlyt
| 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 - CoFlyt
| 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 |
Coflyt Comparisons
Competitors of CoFlyt
CoFlyt 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 CAMP, Rockwell Collins, Flightdocs, OpenAirlines and Jet Token, 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 |
Aircraft maintenance tracking and management solutions are provided for operators.
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| domain | founded_year | HQ Location |
Avionics systems and software solutions are provided for aerospace applications.
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| domain | founded_year | HQ Location |
Cloud-based maintenance tracking software is offered for aviation.
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| domain | founded_year | HQ Location |
Software for flight operations, crew and fleet management, and fuel saving
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| domain | founded_year | HQ Location |
Private aviation booking and membership platform
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| domain | founded_year | HQ Location |
Cloud-based maintenance management software is offered for aviation.
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| 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 CoFlyt
When was CoFlyt founded?
CoFlyt was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is CoFlyt located?
CoFlyt is headquartered in Starkville, United States. It is registered at Starkville, Mississippi, United States.
Who is the current CEO of CoFlyt?
Tal Clark is the current CEO of CoFlyt. They have also founded this company.
Is CoFlyt a funded company?
CoFlyt is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on May 12, 2020.
What does CoFlyt do?
CoFlyt was founded in 2018 in Starkville, United States, and operates in the aviation sector. Web-based solutions are offered for monitoring and managing flights of fractionally or jointly owned aircraft fleets. Users can track flight progress, access aircraft and inspection statuses, monitor mechanical issues, review airworthiness details, and log flights through app-based electronic logbooks. The platform supports operational oversight for shared ownership models.
Who are the top competitors of CoFlyt?
CoFlyt's top competitors include CAMP, OpenAirlines and Rockwell Collins.
What products or services does CoFlyt offer?
CoFlyt offers Coflyt App.