Silver Airways
About Silver Airways
Silver Airways is a Transportation, Automotive & Logistics company, and was acquired by Versa Capital in August 2016. Airline services focused on passenger and cargo transport in the region. It operates on a B2C and B2B model. Silver Airways has raised $73 million across 1 funding round from investors including Gordon Brothers Finance Company and Versa Capital. Silver Airways has completed 1 acquisition, including Seaborne Airlines. Silver Airways offers products and services including Passenger Flights and Cargo Services. Its focus areas include Transportation, Logistics, Air Freight Services and Cargo Handling.
Company details
Silver Airways is recognized as an airline that operated regional flights until operations were halted on June 11, 2025, due to unsuccessful bankruptcy restructuring efforts. Customers were informed that all flights were canceled, and refunds for credit card purchases are managed through credit card companies or travel agencies to ensure proper handling. A redirection to Seaborne Airlines has been established for those seeking continued services. The company maintained a presence in transportation, emphasizing regional connectivity, though challenges in financial restructuring led to its closure. This shift highlights the vulnerabilities faced in the aviation sector.
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website silverairways.com
- Acquired by Versa Capital (Aug 2016)
- Legal Name Silver Airways
- Total Equity Funding$73M (USD)
in 1 rounds
- Latest Funding Round$73M (USD), Series A
Feb 2014
- InvestorsGordon Brothers Finance Company
& 1 more
- Investments & Acquisitions
- Acquired byVersa Capital
(Aug 2016)
Products & Services of Silver Airways
Silver Airways offers a comprehensive portfolio of products and services, including Passenger Flights and Cargo Services.
Flight services for passengers were offered across various routes
Cargo transport services were provided as part of airline operations
Funding Insights of Silver Airways
Silver Airways has successfully raised a total of $73M through 1 strategic funding round. The most recent funding activity was a Series A round of $73 million completed in February 2014. 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 $73M
- Total Rounds 1
- Last Round Series A — $73M
- First Round $73M
(Feb 2014)
- Investors Count 1
All 1 funding rounds of Silver Airways 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 |
|---|---|---|---|---|---|
| Feb 2014 | $73M | Series A | – | Gordon Brothers Finance Company | – |
2 investors in total: 2 institutional.
Investors in Silver Airways
Silver Airways has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Gordon Brothers Finance Company and Versa Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Versa Capital is focused on private equity investments for business transformation. | versa.com | Philadelphia, United States | ||
Business loans provider | 2014 | gbfinco.com | Boston, United States |
Investor details for Silver Airways
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Silver Airways
10 people are tracked at Silver Airways (3 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Paulo Mesnik | Vice President - Commercial And Marketing | Leadership |
Geoffrey Jacobs | Assistant Director Of Operations / Captian | Leadership |
Ron Zunk | VP HR | Leadership |
Elizabeth Iannuzzi | Station Operations Trainer | Team |
Alonzo C. | First Officer | Team |
Jeffrey Alvarado | Senior Accountant | Team |
Monabel Aponte | Senior Accountant | Team |
Hans Giger | Captain / Line Check Airman / Simulator Instructor | Team |
Douglas Rosales | Sabre Reservation And Operations Administrator | Team |
Yliana Rodriguez | Accounting Coordinator | Team |
Complete people profiles for Silver Airways
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Investments & Acquisitions by Silver Airways
Silver Airways has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Seaborne Airlines.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Scheduled air transportation is provided across Caribbean islands. | seaborneairlines.com | San Juan, Puerto Rico | 1992 | Apr 2018 | •••• |
Complete acquisition details for Silver Airways
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Exports
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Timeline of Silver Airways
3 dated milestones of Silver Airways across 4 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $73.0M.
- Exit Acquired by Versa Capital.
- Acquisition Acquires Seaborne Airlines.
Web traffic of Silver Airways
Websites that share an audience with Silver Airways (silverairways.com).
Websites whose visitors overlap most with Silver Airways. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| airlinegeeks.com | 96% | 278.3K | #155,918 | View details | |
| endeavorair.com | 72% | 82.8K | #388,544 | View details | |
| ch-aviation.com | 66% | 344.9K | #123,602 | View details |
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Frequently Asked Questions about Silver Airways
Silver Airways is a funded company, having raised a total of $73M across 1 funding round to date. The company's 1st funding round was a Series A of $73M, raised on Feb 2014.
Silver Airways is recognized as an airline that operated regional flights until operations were halted on June 11, 2025, due to unsuccessful bankruptcy restructuring efforts. Customers were informed that all flights were canceled, and refunds for credit card purchases are managed through credit card companies or travel agencies to ensure proper handling. A redirection to Seaborne Airlines has been established for those seeking continued services. The company maintained a presence in transportation, emphasizing regional connectivity, though challenges in financial restructuring led to its closure. This shift highlights the vulnerabilities faced in the aviation sector.
Silver Airways offers Passenger Flights and Cargo Services.
Silver Airways has made 1 acquisition, including Seaborne Airlines.
Silver Airways has 2 investors. Key investors include Gordon Brothers Finance Company, and Versa Capital.
Silver Airways operates through Silver Airways.
Yes. Silver Airways was acquired by Versa Capital in August 2016.