About iFly Rise
iFly Rise is a company based in Dallas (United States) founded in 2014 was acquired by Surf Air in June 2017.. The company has 30 employees as of December 31, 2017. iFly Rise operates in a competitive market with competitors including Wheels Up, Surf Air, NetJets, Victor and VistaJet, among others.
- Headquarter Dallas, United States
- Employees 30 as on 31 Dec, 2017
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
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- Legal Name Rise Air Managment Llc
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Funding Insights of iFly Rise
| 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 iFly Rise
iFly Rise has secured backing from 1 investor. Prominent investors backing the company include Surf Air. 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 airline services are offered via a membership-based subscription model.
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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 iFly Rise
| 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 - iFly Rise
| 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 |
Ifly Rise Comparisons
Competitors of iFly Rise
iFly Rise 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 Wheels Up, Surf Air, NetJets, Victor and VistaJet, 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 |
Private jets are booked through an online membership platform.
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| domain | founded_year | HQ Location |
Private airline services are offered via a membership-based subscription model.
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| domain | founded_year | HQ Location |
Private jet charters and aircraft shares are brokered online.
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| domain | founded_year | HQ Location |
Online platform for booking private jet
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| domain | founded_year | HQ Location |
Unscheduled air transportation is provided for travelers and executives.
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| domain | founded_year | HQ Location |
Private aviation flights are booked through an app-based marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 iFly Rise
When was iFly Rise founded?
iFly Rise was founded in 2014.
Where is iFly Rise located?
iFly Rise is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
How many employees does iFly Rise have?
As of Dec 31, 2017, the latest employee count at iFly Rise is 30.
What does iFly Rise do?
Rise was founded in 2014 in Dallas, United States, as a private air travel sharing service. A three-tiered monthly membership program is provided, priced from 1,650 to 2,650, enabling unlimited flights from Dallas, Austin, and Houston. Operations are conducted without owning aircraft or employing pilots; instead, partnerships with Monarch Air handle maintenance, staffing, and eight-seat Beechcraft King Air 350 flights, while emphasis is placed on backend technology and membership administration.
Who are the top competitors of iFly Rise?
Who are iFly Rise's investors?
iFly Rise has 1 investor. Key investors include Surf Air.