About Overair
Overair is a company based in Fountain Valley (United States) founded in 2019 by Abe Karem. Overair has raised $170 million across 2 funding rounds from investors including Hanwha and Hanwha Aerospace. Overair offers products and services including Site Maintenance and Platform Reliability.
- Headquarter Fountain Valley, United States
- Founders Abe Karem
- SectorsTransportation, Automotive & Logistics
- Website overair.com
- Social LinkedIn X
- Legal Name Overair Inc
- Total Equity Funding$170M (USD)
in 2 rounds
- Latest Funding Round$145M (USD), Series B
Jun 2022
- InvestorsHanwha
& 1 more
Products & Services of Overair
Overair offers a comprehensive portfolio of products and services, including Site Maintenance and Platform Reliability.
Maintenance of websites is performed to enhance reliability and performance
Reliability services for digital platforms are provided to support operational continuity
Funding Insights of Overair
Overair has successfully raised a total of $170M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $145 million completed in June 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 $170M
- Total Rounds 2
- Last Round Series B — $145M
- First Round $25M
(Jun 2019)
- Investors Count 2
All 2 funding rounds of Overair 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 |
|---|---|---|---|---|---|
| Jun 2022 | $145M | Series B | – | – | |
| Jun 2019 | $25M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Overair
Overair has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hanwha and Hanwha Aerospace.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturer of solar cells, modules, and other related components | 1952 | hanwha.com | Seoul, South Korea | |
- | – | hanwhaaerospace.co.kr | - |
Investor details for Overair
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Overair
2 people are tracked at Overair (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Abe Karem | Co-Founder | Leadership |
Cory Hodgkins | Staff Engineer, Airframe Design | Team |
Complete people profiles for Overair
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Overair
3 dated milestones of Overair across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Overair is founded.
- Funding First funding round of $25.0M.
- Funding Latest funding round, Series B, of $145.0M.
Latest news on Overair
Complete news archive for Overair
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Overair
10 companies that operate in the same segment as Overair (Chartered Flights), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of piston and jet aircraft, and flight training provider | 1984 | Duluth, United States | – | USD 1.36 B | 2,650 | |
Rent-to-buy and hire options for PCO electric vehicles are provided. | 2014 | Hammersmith, England, United Kingdom | USD 3.41 M | – | – | |
Private jet charter services are provided by BLADE. | 2014 | New York, New York, United States | USD 44 M | USD 101.88 M | – | |
Air charter services are provided by TAAL in India. | 1994 | Mumbai, Maharashtra, India | – | USD 21.61 M | 4 | |
Jet charters and aviation services are provided worldwide. | 1991 | Cape Town, Western Cape, South Africa | USD 132 M | – | – | |
Private jet charter, jet card, and membership services are provided. | 2008 | Quincy, United States | USD 1.16 M | – | 64 | |
Provider of private jet charter and aircraft management services | 2009 | Petaluma, California, United States | – | – | 1,057 | |
Helicopter transportation and charter services are provided by the company. | 1985 | Noida, Uttar Pradesh, India | – | USD 49.87 M | – | |
Chartered helicopter services are operated in the United States. | 1981 | Lafayette, Louisiana, United States | – | USD 880.69 M | – | |
Commercial flights are operated by PS across domestic routes. | 2017 | Los Angeles, California, United States | – | – | 123 |
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Frequently Asked Questions about Overair
Overair was founded in 2019.
Overair is headquartered in Fountain Valley, United States. It is registered at Fountain Valley, California, United States.
Overair is a funded company, having raised a total of $170M across 2 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Jun 2019.
Overair was established in 2019 in Fountain Valley, United States, within the aviation sector. Chartered flight services are offered by the company, focusing on transportation needs. Operations are managed from the US location, with Abe Karem listed as co-founder. Emphasis is placed on reliable air travel solutions for business and personal use, serving regional and domestic routes.
Overair offers Site Maintenance and Platform Reliability.
Overair has 2 investors. Key investors include Hanwha, and Hanwha Aerospace.
Overair operates through Overair Inc.