About Surf Air
Surf Air is a company based in Santa Monica (United States) founded in 2012. It operates as a On-Demand Services, AI-as-a-Service, and Mobility-as-a-Service. Surf Air has raised $24.78 million across 8 funding rounds from investors including Vebu, Anthem Venture Partners and Velos Partners. The company has 703 employees as of December 31, 2024. Surf Air has completed 2 acquisitions, including Fly Blackbird and iFly Rise. Surf Air offers products and services including Scheduled Regional Flights, Surf On Demand, SurfOS, and Electrification Technology. Surf Air operates in a competitive market with competitors including Wheels Up, VistaJet, Stratajet, XO and LYGG, among others.
- Headquarter Santa Monica, United States
- Employees 703 as on 31 Dec, 2024
- Stage Public
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Sectors
TechnologyTravel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Surf Air Mobility Inc.
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Annual Revenue
$119.42 M97.38as on Dec 31, 2024
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Net Profit
$-74.91 M70.12as on Dec 31, 2024
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EBITDA
$-51.91 M60.95as on Dec 31, 2024
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Total Equity Funding
$24.78 M (USD)
in 8 rounds
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Latest Funding Round
$100 M (USD), Post-IPO
Nov 14, 2025
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Investors
Vebu
& 11 more
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Employee Count
703
as on Dec 31, 2024
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Investments & Acquisitions
Fly Blackbird
& 1 more
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IPO & Listings of Surf Air
Surf Air is a publicly listed company on the NYSE with ticker symbol SRFM in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Surf Air
Surf Air offers a comprehensive portfolio of products and services, including Scheduled Regional Flights, Surf On Demand, SurfOS, and Electrification Technology. 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.
Scheduled flights are offered across U.S. regions daily.
Customized private charter flights are booked on demand.
AI-powered software is developed for air mobility operations.
Electrified propulsion technology is developed for regional aircraft.
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Funding Insights of Surf Air
Surf Air has successfully raised a total of $24.78M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $100 million completed in November 2025. 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 8
- Last Round Post-IPO — $100.0M
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First Round
First Round
(26 Apr 2012)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Post-IPO - Surf Air | Valuation |
investors |
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| Oct, 2022 | Amount | Debt – Conventional - Surf Air | Valuation |
investors |
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| Feb, 2018 | Amount | Series B - Surf Air | 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 |
Investors in Surf Air
Surf Air has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Vebu, Anthem Venture Partners and Velos Partners. 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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Early-stage tech startups in Southern California are invested in.
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Founded Year | Domain | Location | |
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Investments in US tech companies are made by Velos Partners.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments are focused on US companies.
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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 Surf Air
Surf Air has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Fly Blackbird and iFly Rise. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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private air travelsharing membership service
|
2014 | ||||
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A network of private flights is developed and managed.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Surf Air
| 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 |
Surf Air Comparisons
Competitors of Surf Air
Surf Air 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, VistaJet, Stratajet, XO and LYGG, 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 |
Unscheduled air transportation is provided for travelers and executives.
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| domain | founded_year | HQ Location |
Private jets are booked through an online marketplace for charters.
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| domain | founded_year | HQ Location |
Private jets are booked via web and mobile platform.
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| domain | founded_year | HQ Location |
An app-based platform for reserving private charter flights is offered.
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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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Latest news on Surf Air
Frequently Asked Questions about Surf Air
When was Surf Air founded?
Surf Air was founded in 2012.
Where is Surf Air located?
Surf Air is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Is Surf Air a funded company?
Surf Air is a funded company, having raised a total of $24.78M across 8 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on Apr 26, 2012.
How many employees does Surf Air have?
As of Dec 31, 2024, the latest employee count at Surf Air is 703.
What is the annual revenue of Surf Air?
Annual revenue of Surf Air is $119.42M as on Dec 31, 2024.
What does Surf Air do?
Surf Air Mobility is engaged in expanding regional air travel through electrification and software innovation. The company operates as one of the largest commuter airlines in the U.S., offering scheduled flights and on-demand charter services. Solutions like SurfOS, an AI-powered platform, are developed to enhance operational efficiency in the aviation sector. Additionally, electrification technology for aircraft such as the Cessna Caravan is being commercialized to reduce environmental impact and make flying more accessible. The focus remains on connecting regional airports and serving diverse U.S. regions.
Who are the top competitors of Surf Air?
What products or services does Surf Air offer?
Surf Air offers Scheduled Regional Flights, Surf On Demand, SurfOS, and Electrification Technology.
Is Surf Air publicly traded?
Yes, Surf Air is publicly traded on NYSE under the ticker symbol SRFM.
How many acquisitions has Surf Air made?
Surf Air has made 2 acquisitions, including Fly Blackbird, and iFly Rise.
Who are Surf Air's investors?
Surf Air has 12 investors. Key investors include Vebu, Anthem Venture Partners, Velos Partners, PLUS Capital, and ff Venture Capital.
What is Surf Air's ticker symbol?
The ticker symbol of Surf Air is SRFM on NYSE.